Purchasing Your Home with Gateway Homes - Houston Home Builder
Buying your first home is an exciting and often nerve wracking time. Houston home builder, Gateway Homes, works with you to make your home buying experience as pleasant and easy as possible. For first time home buyers, there are a lot of unknowns. To help first time home buyers, and others, better understand the purchase agreement, we've provided the information below:
The purchase agreement is the legal document that represents your decision to purchase a home. It describes your home (both a legal description and the street address), financing information, homeowner's association information, if applicable, and additional legal provisions. Several exhibits are typically attached to the purchase agreement. The features of the community determine the specific items, but the list below is typical.
Financing Addendum: This document gives details on whether you have selected a Gateway Homes Preferred Lender, or your own lender. Depending on your choice, Gateway Homes may or may not assist with your closing costs. You will benefit from the maximum contribution from Houston's Gateway Homes by selecting one of our Preferred Lenders. Ask your New Home Sales Consultant for more details.
Change Order Addendum: Houston home builder, Gateway Homes, offers many upgrades for the customization and personalization of your new home. Gateway Homes' Change Order Addendum details any upgrade selections and the charges for these selections.
Selection Sheet: The selection sheet describes for Gateway Homes your choices for flooring, appliance color, exterior paint, etc.
Property Addendum: This document describes the Homeowner's Association, if applicable, as well as insulation information, notice of possible annexation and contingency information.
After going over your purchase agreement, the next step in the home buying process is to find a lender and apply for a loan. Continue reading for more information on Applying for Your Loan.
Gateway Homes is Houston's most trusted and reliable new home builder. We work with new home buyers day in and day out - you can trust that Gateway Homes and our representatives understand the wants and concerns of first time home buyers. You can always reach us at (713) 622-3737, you can email us or fill out our Contact Form.