BUYER RESOURCES

 

HOME OWNERSHIP - WHAT TO EXPECT

STEP ONE - GETTING STARTED

1. Hire April Strahan / Buyer's Representation Agreement

2. Get pre-approved / Obtain pre-approval letter / Lender list

3. Establish exactly what you're looking for

STEP TWO - THE HOME SEARCH

 1. Find Your Home 

  • Search Process, Times available, Auto-search, Builders, and FSBO

 

2. Search Complete / Written offer with Approval letter 

  • Read your Contract 

  • Earnest Money - Check made out to the Title Company for (typically) 1% of the sales price. Funds deposited in an Escrow account at the Title Company.

  • Option Fee ($200-300) - Check made out directly to the seller. This pays for the Seller to take it off the market for 10 days, while Buyer completes inspections and negotiates repairs. The option period allows you to back out for ANY reason during the this allotted period.

STEP THREE - OPTION PERIOD (10 DAYS)

1. Inspections - Pest, Mechanical, Home, Sewer, and Structural (If possible, be present for the home inspection.)

 

2. Financing - Make certain all financing is in place. 

 

3. Insurance - Have the insurance company of your choice verify they will insure the property 

STEP FOUR - CONTRACT TO CLOSE

1. Final Approval from your Lender

 

2. Title Commitment

 

3. Appraisal

 

4. Survey (If Needed)

 

5. Funds to Close 

  • Lender will provide closing documentation regarding the amount

  • Certified Check or wire transfer

 

6. Final Walk Through (before closing)

 

7. Closing at the Title Company - Bring: Driver's License, Checkbook, and S.S. #

 

TEXAS ZONING CLASSIFICATIONS

 

MIDLAND RESOURCES

UTILITIES GUIDE

 

CABLE / TELEVISION / INTERNET

AT&T U-Verse 432-699-1224 www.att.com

Direct TV 800-531-5000 www.suddenlink.com

Grande Communications 432-272-3040 www.mygrande.com

DISH 1-844-713-9229 www.dish.com

Windstream Communications 325-627-6582 www.windstream.com

Control Telecom 432-520-3333 www.controltele.com

 

TELEPHONE

AT&T 432-699-1224 www.att.com

Clear Talk Wireless 432-222-8255 www.cleartalkwireless.com

Grande Communications 432-272-3040 www.mygrande.com

Petro Communications, Inc 432-683-4786

Suddenlink Communications 432-694-7721 www.suddenlink.com

T3 Voice Net 432-620-0077 www.t3vocenet.com

Verizon Wireless 432-520-3535 www.verizonwirless.com

Windstream Communications 325-627-6582 www.windstream.com

 

WATER & SEWER

City of Midland Utilities 432-685-7320 300 N. Loraine, Midland www.midlandtexas.gov

Electric Power to Choose 877-784-6629 www.choosetexaspower.org

Reliant Energy 866-222-7100 www.reliant.com

TXU Energy 972-868-8335 www.txu.com

Oncor Electric Delivery Co. 888-313-6862 www.oncor.com

GAS

Atmos Energy 888-286-6700 www.atmosenergy.com

THINGS TO DO - MIDLAND

 

The Wagner Noel Performing Arts Center  www.wagnernoel.com

Midland Rockhounds (baseball) www.milb.com/midland

Odessa Jackalopes (hockey) www.jackalopes.org

Museum of the Southwest www.museumsw.org

I-20 Wildlife Preserve www.i20wp.org/preserve/