Leave a Message

Thank you for your message. We will be in touch with you shortly.

Your Buyer's Guide

main

BEINFIELD TEAM

Our team takes a holistic and strategic approach to real estate. Our knowledge of the industry complemented by our resourcefulness and relationships, allows us to assist clients through the transaction and beyond. This unprecedented market can be challenging to navigate. Buyers can be left feeling defeated however we make it our job to alleviate these pressures and make sure our clients are well informed at every turn.

 

main

FAIRFIELD COUNTY

AREAS SERVICED

  • Rowayton
  • Norwalk
  • Darien
  • New Canaan
  • Westport
  • Wilton
  • Weston
  • Fairfield
  • Stamford
  • Greenwich

 

THE PROCESS

main

01

Meet with The Beinfield Team

Meet with the team to discuss the neighborhoods you’re considering and your desired home amenities. With technology at the forefront of Compass’ ethos, we can set up a collection of homes that meet your criteria. It is an easy and effective way for us to communicate in real time regarding each new home that comes to market.
main

02

Get Pre-Approved

Unless you are paying cash for the full price of your home, it is important that you get pre-qualified for a mortgage from a reputable bank or broker. A mortgage broker will determine how much the bank will lend you and determine the price range for your search. We have relationships with mortgage brokers that we work with on a regular basis and trust implicitly.

03

Visit Properties

Now is the time to see the homes that pique your interest in person. We will set up showings for you and make you aware of open houses. You will be notified through Compass’ platform of all new listings and we will keep you abreast of any off-market properties that are available to purchase.

main

04

Submit an Offer & Negotiate

Once you identify a home you love and decide to make an offer, we will discuss the best approach to the offer inclusive of both the price and terms. The offer is packaged with either your pre-approval letter or proof of funds (in the case you are paying cash). It is not uncommon
for the seller to return with a counter-offer so we will guide you through this negotiation.

main

07

Loan and Appraisal

Once you have decided on a lender it is important to supply them with all requested documentation to secure the loan. During this process, an appraiser will reach out to us to arrange an appraisal of the home. Once the home has been appraised and you have supplied all requested paperwork, your loan will be approved.

main

10

Closing

Once all of the conditions of the contract have been satisfied, the closing is held. The closing documents are signed and payment is exchanged. If you are paying cash, you will arrange for a wire of the remaining 90%. If you are receiving a mortgage, you will wire the balance owed outside of your mortgage. After you have signed all of the closing paperwork, it usually takes a few hours for the wires to hit the seller's account. Once you receive word from your attorney that the home is officially closed and the wire was received, we will arrange delivery of the keys and you will be the proud new owner of the home!

 

main

Beinfield Team Buyers Guide

Key Terms

Get a better understanding of common real estate language and practices.

Potential buyers provide an overall financial picture and mortgage brokers provide an estimate of what level of loan you will likely be pre-approved for

Advanced approval from a bank or other lending institution for a home mortgage. The buyer provides a full financial picture and documentation to the lender, and goes through a preliminary underwriting process. Pre-Approval is critically important for a buyer to understand their true purchasing power and make their offer more attractive to sellers.

Assessment of the property’s market value, for the purpose of obtaining a mortgage and performed by a licensed appraiser.

Expenses incidental to a sale of real estate, such as loan fees, appraisal fees, and title insurance. If you are receiving a mortgage, your mortgage broker can provide a detailed breakdown. 

Certain criteria that have to be met in order to finalize the sale

A background check on the property and the seller to ensure there are no outstanding debts or claims upon the property.

Insurance to protect the buyer and lender against losses arising from disputes over the ownership of a property.

A fee paid to the local government to officially report a sale of a home; usually paid by the buyer.

OUR COMPASS TOOLS AND PROGRAMS HELP YOU FIND YOUR NEXT HOME

FIND YOUR DREAM HOME WITH COMPASS

No matter where your move may take you, our national Compass network can help!

In real estate, relationships are everything. Our national network of agents covers 45% of the country's population, making Compass a coast-to-coast network of collaborative, hardworking agents. When you're looking to move to a new area, We leverage these local and national connections to make your dream home yours.

#1

brokerage based on Closed Sales Volume*

69

markets

26,000+

agents

*Source: RealTrends article published 3/16/2022, based on Closed Sales Volume for 2021. This information is based on Compass’ 2021 public earnings report. Definitions: Closed Sales Volume – the total sales price of all the closed units. Listings Taken – number of properties that were listed for sale with a real estate agent. Listings Taken Volume – the total price of the listings that were placed on the market.

 

 

WE LOOK FORWARD TO WORKING WITH YOU

We go above and beyond to help our clients search for their perfect home, providing guidance and advice throughout every step of the buying process. Together, we'll collaborate closely to find homes that fit your needs, budget, and lifestyle. Working with our team means you'll have a seamless experience and be well positioned to make your dream home yours when you find it. We make sure our clients cross the home closing finish line with confidence and ease.