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    • Home
    • About Us
      • Meet The Cochran Family
      • Be Informed
      • Contact
      • Join Our Team
    • Meet Our Team
    • Find a Home
      • Search Homes
      • Advanced Home Search
      • First-Time Home Buyers
      • VA Home Buyers
      • Home Buying Expectations
    • Sell a Home
      • Free Home Evaluation
      • Custom Market Report
      • Tennessee Home Sales
      • Marketing Your Home
      • Talk to a Listing Agent
    • Mortgage Lending
    • Title Services

  • Home
  • About Us
    • Meet The Cochran Family
    • Be Informed
    • Contact
    • Join Our Team
  • Meet Our Team
  • Find a Home
    • Search Homes
    • Advanced Home Search
    • First-Time Home Buyers
    • VA Home Buyers
    • Home Buying Expectations
  • Sell a Home
    • Free Home Evaluation
    • Custom Market Report
    • Tennessee Home Sales
    • Marketing Your Home
    • Talk to a Listing Agent
  • Mortgage Lending
  • Title Services

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Tennessee Frist Time Home Buyers Guide

Home Buying Checklist (pdf)

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Home Buyer Services

Aaron and Cassandra Cochran
Keller Williams Middle Tennessee Realty 
Tullahoma

Why Us

 

Welcome to Middle Tennessee Real Estate, where dreams of finding the perfect home come true! As a dedicated husband and wife real estate team, we are thrilled to be your guides on this exciting journey. Our expertise, combined with our deep understanding of the local market, ensures that you receive the utmost care and support throughout the home-buying process.

From the moment we meet, our priority is to listen attentively to your needs, educate you about the market, and provide expert advice tailored to your requirements. Our years of experience in Middle Tennessee real estate have gained valuable insights that allow us to navigate the market effectively, giving you an edge as a buyer.

Negotiating and crafting a compelling offer is our specialty. We understand the importance of standing out in a competitive market, and our team will work diligently to write a firm offer that captures sellers' attention. Rest assured that we will be your advocates, ensuring your offer is noticed and seriously considered.

But our commitment doesn't end there. We believe in protecting your interests and safeguarding your investment. Throughout the process, we remain vigilant, watching for any potential red flags that could compromise your satisfaction with your new home. Your ultimate happiness and peace of mind are our top priorities.

Let us put our expertise to work for you. Our extensive knowledge of Middle Tennessee real estate and our passion for matching individuals with their ideal homes allow us to find you the perfect property at the right price. Whether you're searching for a cozy bungalow or a spacious family home, we will explore the market until we discover the home that perfectly suits your lifestyle.

Congratulations on taking this exciting step toward homeownership! Contact our husband and wife real estate team today, and let us make your dreams of owning a home in Middle Tennessee a reality. Together, we will find you the home you've always envisioned

Preperation

 

When preparing to shop for a new home, there are several important things to consider. Here are some key factors to keep in mind:

  1. Lender Referrals and Pre-Qualification: If you require a mortgage to purchase a home, getting pre-qualified with a lender is a good idea. Ask for referrals from friends, family, or real estate professionals to find a reputable lender to guide you through the pre-qualification process. This step will help you determine your budget and make your home search more focused.
  2. Wants, Needs, and Must-Have List: Create a comprehensive list that distinguishes between your wants, needs, and must-haves in a home. Wants are features you desire but can live without, needs are essential aspects you require, and must-haves are non-negotiable elements that are crucial to your lifestyle. This list will help you prioritize your search and make informed decisions.
  3. Budgeting: Assess your financial situation to determine your budget for buying a new home. Consider your income, expenses, existing debt, and savings. Set a realistic price range that aligns with your pre-qualification from the lender. Consider additional costs like closing, moving expenses, and potential repairs or renovations.
  4. Location Targeting: Decide on the ideal location for your new home. Consider proximity to your workplace, schools, amenities, transportation options, safety, and community atmosphere. Research different neighborhoods or areas to find the one that suits your needs and preferences.
  5. Timelines: Establish a timeline for your home search. Consider when you want to move and any external factors influencing your timelines, such as lease expiration or job relocations. Plan accordingly to allow sufficient time for searching, making offers, and completing the necessary paperwork and inspections.

Additionally, working with a trusted real estate agent who can guide you through the home-buying process, provide valuable insights, and help you find suitable properties based on your criteria is essential. They can assist with negotiations, paperwork and provide local market expertise.

Remember to be flexible and adaptable during your home search, as you may need to adjust your expectations based on availability, market conditions, and other factors.

Home Search

 

When actively searching for a new home, there are several important factors to consider. Here are some key aspects to keep in mind:

  1. Daily Communication of New Listings: Stay in regular contact with your real estate agent to receive updates on new listings that match your criteria. Request daily or frequent notifications of properties coming onto the market to ensure you don't miss any potential opportunities.
  2. Compile a List of Desirable Properties: As you receive information about new listings, create a list of properties that seem appealing to you. Take note of the key features, location, price, and any other relevant details. This will help you keep track of properties you want to explore further.
  3. Compare and Contrast Value and Features: When evaluating properties, compare their value and features to determine which ones align best with your wants, needs, and budget. Consider factors such as the size, layout, condition, amenities, and potential for future appreciation. Take note of any trade-offs or compromises you may need to make.
  4. In-Person Showings: Schedule in-person showings for properties that pique your interest. This will allow you to physically experience the space, assess its condition, and get a feel for the neighborhood. Take your time during showings to thoroughly evaluate the property and ask any questions you may have.
  5. Virtual Showings (If Preferred): If you prefer or circumstances necessitate virtual showings, inquire with your real estate agent about the availability of virtual tours or video walkthroughs for the properties you are interested in. These virtual viewings can provide a detailed perspective and allow you to assess the property remotely.
  6. Zero Pressure: It's crucial to maintain a zero-pressure mindset throughout the home search process. Take the time you need to make informed decisions and avoid rushing into a purchase. Don't hesitate to ask for additional information, consult with professionals, or seek advice from trusted friends or family members. Your real estate agent should be supportive and understanding of your preferences and timeline.

Remember that buying a home is a significant decision, and it's important to find a property that meets your needs and aligns with your long-term goals. Don't be discouraged if it takes time to find the perfect home—patience and persistence are key.

Offer and Escrow

 

When making an offer on a home and going through the escrow process, several important factors must be considered. Here are some key aspects to keep in mind:

  1. Strategize and Prepare: Work closely with your real estate agent to strategize and prepare your offer. Consider the current market conditions, the property's value, and your budget. Determine your initial offer price and any contingencies and terms you would like to include.
  2. Leverage Listing Agent: Your real estate agent can help you leverage the listing agent's knowledge and insights. They can guide how to structure your offer to make it more appealing to the seller. The listing agent may have information about the seller's preferences and motivations, which can inform your negotiation strategy.
  3. Expert Negotiations: Expert negotiation skills are crucial during the offer process. Your real estate agent can handle negotiations on your behalf, including offers, counteroffers, contingencies, and timelines. They will work to find common ground and secure a favorable outcome for you.
  4. Contract Management: Once your offer is accepted, a contract will be managed. Your real estate agent can help ensure all necessary paperwork and disclosures are appropriately completed and submitted. They will review and guide you through the contract, ensuring you understand your rights and obligations.
  5. Disclosure Delivery: Sellers must provide certain disclosures about the property's condition and any known issues. Review these disclosures carefully and ask for any clarifications or further inspections. Your agent can assist in assessing the disclosures and advising you on how to proceed.
  6. Inspection Scheduling: Arrange for a professional home inspection to assess the property's condition. Your real estate agent can help you find reputable inspectors and schedule the inspections. Review the inspection report and discuss any concerns or necessary repairs with your agent.
  7. Repair Negotiations: If the inspection reveals issues or necessary repairs, you can negotiate with the seller to address them. Your agent can guide you through the negotiation process, including requesting repairs or credits. Be prepared to prioritize and negotiate based on the significance of the repairs and your overall goals.
  8. Title and Escrow Management: Title and escrow services are crucial for transferring ownership smoothly. Your real estate agent can help coordinate with the title company and guide you through escrow. They will ensure that all necessary documents are prepared and provide guidance on any additional steps or requirements.
  9. Home Delivery: Once all contingencies and conditions have been met and the closing process is complete, you will be ready to take possession of the home. Your agent can assist with the final walkthrough and facilitate the transfer of keys and ownership.

It's essential to have a knowledgeable and experienced real estate agent to navigate the offer and escrow process. They will advocate for your best interests, ensure a smooth transaction, and provide valuable guidance and support.

Move In

 

Once you close escrow on your new home and it's time to move in, there are several important things to consider. Here are some key aspects to keep in mind:

  1. Moving Company Referrals: If you plan to hire a moving company, ask your real estate agent, friends, or family for referrals. Research different moving companies, check their reviews, and compare their services and pricing. Contact them to get estimates and coordinate the logistics of your move.
  2. Moving Quote Coordination: Request quotes from multiple moving companies and compare their services, pricing, and availability. Consider factors such as the distance of the move, the size of your household, and any special requirements or fragile items. Coordinate with the moving company you choose to schedule your move-in date and ensure a smooth transition.
  3. Move-in Cleaning Referrals: If you prefer to have your new home professionally cleaned before moving in, ask for referrals from your real estate agent or friends. Hiring a cleaning service can ensure your new home is fresh and ready to settle in. Coordinate with the cleaning service to schedule the cleaning before your move-in date.
  4. Repair and Remodel Consultation: If you plan to make any repairs or remodel your new home, consider consulting with professionals in those fields. Engage contractors, architects, or designers to assess the scope of work and provide guidance on the process, costs, and timelines. They can help you prioritize projects and ensure they align with your vision and budget.
  5. Housewarming: After settling into your new home, consider hosting a housewarming event to celebrate with friends, family, and new neighbors. Depending on your preferences, this can be a casual gathering or a more formal event. Send out invitations, plan refreshments, and create a welcoming atmosphere in your new space.

Remember to update your address with relevant parties, such as the post office, utility companies, banks, and any subscriptions or memberships. Additionally, take the time to familiarize yourself with the neighborhood, local amenities, and community resources. Connect with your new neighbors and explore the area to help you feel more at home.

Moving into a new home is an exciting milestone, and careful planning and organization can help make the transition smoother and more enjoyable.

Free No Obligation Consultation

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Middle Tennessee home buying with Real Estate Agents Aaron and Cassandra Cochran

Home Buying

The Process

 Let's put together a plan for thehome-buyingg process. Start by considering everything you want in your next home. Separate your preferences into "Want to have" and "Have to have." Additionally, set a budget and determine the maximum amount you're willing to spend if your perfect home comes along. Consider the location where you want to live, including the town, school district, and proximity to work and entertainment. This will help you narrow down your search.

Once you have a plan, it's time to meet with your real estate agents, Aaron and Cassandra. Together, you'll put your thoughts on paper and create a buyer's representation agreement. This agreement binds them to represent your best interests and sets expectations for all parties involved.

Now, it's time to start looking at houses. Using online resources to view photos and details of potential properties saves time. Select a few properties you love the most, and your agents will schedule showings and gather all the necessary information about the properties.

When you find a property you love, it's time to prepare an offer and submit it to the seller. Your agents will assist you in negotiating the terms, such as the length of the closing period, contingencies, down payment, and price. Once your offer is accepted, congratulations! You're now in contract for your dream home.

Next, line up professional inspections for the property, such as general home inspections or specialized inspections for pests, roofing, or plumbing. At the same time, work with your finance company, if applicable, to secure final approval for your loan. It's essential to avoid incurring additional debts or making major purchases until you have the keys to your new home.

Finally, it's time to close the deal. The inspections have been completed satisfactorily, and your financing is in order. You'll sign all the necessary paperwork at the title company and provide any required deposits. The title will be transferred, and the deed will be recorded. Congratulations! You have officially bought a new home. Now you can celebrate and start shopping for furniture and other home furnishings.

CONGRATULATIONS on your new home purchase!

How do we start?

 It's great to connect with you! Are you considering financing your new home? If so, obtaining a pre-approval letter from your lender is a good idea. This will provide you with a clear budget and strengthen any offers we submit to sellers.

Now, let's dive into your preferences and create a list of things you want in your new home. We'll outline these details in our buyer's agreement, ensuring that we clearly understand your requirements and desires.

With that done, it's time to start looking for homes that meet your criteria!

Buyers Questionnaire
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