Welcome, I’m so glad you’re here! My name is Emily Waguespack and I am a licensed Louisiana REALTOR®.  I love my job and gain so much joy from helping people find their dream home! 

It's so important to LOVE your house and really make it a home.

I’m here to help with the fun stuff like home decor and the not so fun stuff like home maintenance! It is essential for your comfort and for future resale value to take care of your home. Purchasing a home is the biggest investment you will make and I want you to succeed!  

I am a 30-something wife to Ryan, mom to Kellen and have been a homeowner for 5 years.

I love my family and my friends and I don’t know where I would be without them!

Take a look around and find the answers to loving your home.

Cheers, Em 

 

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The Buying Process

Updated: Sep 20, 2018

Tuesday, July 17, 2018

11:11 AM


Congratulations! You found your dream home and have an accepted offer …..but now what? Do we just set up our loan and move right in? Nope! There are several steps in the process from going under contract to closing day. A good Realtor will guide you through the process and make sure you don't miss a beat. Here is what you can expect over the next 30-45 days (typical closing window):





1. You will need to deliver your deposit and get your official loan application started (unless paying with all cash). See my post on Mortgage Financing to get the full scoop!

2. You will have a due diligence (or inspection) period to check the home for any defects that you and the sellers may not be aware of. Typically, you will have a general inspection which looks over the entire structure (without opening walls), a sewerage inspection which checks the sewer lines and plumbing under the house and a termite inspection. There are specialty inspections that may come into play such as a pool inspection. Your Realtor will be able to guide you through these and most inspectors are happy to answer any questions you have! This is also the time when the buyer can review any deficiencies that are discovered and address with the seller.

3. Once the due diligence period has ended and buyer and seller have come to an agreement we move on to the appraisal. Your lender will order an appraisal to determine the property's value. Lenders will only lend based on the lesser of the purchase price and the appraisal value. If your appraisal value comes in lower than your agreed upon purchase price you are still able to purchase the home but either the seller will need to lower the price to match the appraisal value (which typically they will) or you will have to come out of pocket with the difference.

4. Your appraisal is complete and you are moving forward to home ownership - the last steps are waiting for final confirmation from your lender and doing a final walk through of the property. Once you get the "OK" from your lender then its off to CLOSING DAY.

5. At closing day or the Act of Sale, you can expect to get a real hand work out. You will be going through many documents with a closing attorney and signing, signing, signing. Don't be afraid to ask your closing attorney if you don't understand a document - it's your future home and the biggest purchase of your life after all! Once everything is signed and the money is transferred from your lender, the keys are yours! CONGRATUALTIONS!

Though buying a home may seem daunting, it is so worth the outcome of owning your home and building an investment and sanctuary for your family. As a licensed Realtor, I am more than happy to answer questions you may have. Something confusing? Email me or drop a comment below! I'd love to hear from you guys.

Cheers,

Em

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© 2018 by  Emily Perone Waguespack. All rights reserved

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