Buying a Home With Patricia
Let’s talk about the process and why you should work with us.
Why Choose Patricia Stampley?
With decades of experience and a long history as a top producer in Dallas, Texas, Patricia knows the real estate market and its pitfalls and swings. Patricia listens well to her clients' needs and dreams. Her experience as a paralegal allows her to negotiate the best deals for her sellers and buyers. Patricia has successfully marketed thousands of properties in the last several decades. Most importantly, Patricia loves what she does!
Why Choose Compass?
Our Digital Reach is Unmatched.
Our digital footprint attracts potential buyers to your listing when you’re selling; or helps you stay updated with the top listings in your area as soon as they hit the market (or before).
Our Agents are Unmatched.
When you work with Patricia, you get access to the top real estate firm in the game. That means having complete confidence we will get the job done, whatever the situation is!
The Process
Find an Agent
Connect with a licensed Compass real estate agent who is knowledgeable about the neighborhoods you're considering and can help guide your search.
Get Pre-Qualified
Before beginning your search, your first step is to get pre-approved for a mortgage loan. A mortgage broker will determine how much a bank will lend you, which will help you determine the price range for your search.
Visit Properties
Now is the time to consider your ideal home's location and amenities. You will attend viewings and open houses spanning a range of areas and property types. Additionally, your Compass agent will activate notifications for exclusive Coming Soon and Off-Market properties as they hit the market.
Submitting Offers
Once you identify a home you like, you can put in an offer, which is an agreement to pay a certain price for the home. This offer is packaged with a Proof of Funds (POF) and Pre-Approval Letter.
Escrow
Now that your offer is accepted, you’ve entered the escrow period! It is the buyer's duty to schedule all desired home inspections and determine the overall condition of the property within the agreed timeline and contractual contingencies. The buyer will also review the disclosures and preliminary title report. You may approve or negotiate credits/repairs. Prior to closing, remember to schedule a final walk-thru of the property to verify the property is still in acceptable condition and any negotiated repairs were done.
Loan, Appraisal, & Closing
Organize an appraisal with your bank. Your completed mortgage application with all supporting documentation should be submitted to your chosen lender upon receipt of the fully signed Purchase Agreement. The bank then issues loan approval. Consequently, the buyer wires the closing funds with the homeowner's insurance in place, and then the loan will be funded with clearance to close.
Download Our Buyer’s Guide
Thinking about taking that next step? Download our Buyer’s Guide to go over everything that you need to know about the buying process.
Ready to Start the Process?
Let’s start the journey together!