Buyers Information
We have made a commitment to provide our clients with exemplary personalized service beyond expectations. In making the decision to list your home with one of our agents, you can be assured of experience, integrity, intimate knowledge of the marketplace and most importantly, a friend who cares about your family.
Don't Pack That!

If you are moving, please don’t pack the following items as they WILL be needed for your loan:
  • W-2’s and complete tax returns for last 2 years, and pay stubs for last 30 days
  • 2 years corporate or partnership tax returns, if self employed
  • 2 mos. Statements for checking, savings, money market, stocks & other liquid assets (All Pages Please) Documentation for any large, unidentified deposits
  • List of all current creditors, account numbers, balances & minimum payments
  • Landlords for last 12 months, addresses and phone numbers
  • Divorce decrees/child support agreements, all pages, signed by the judge
  • Certified settlement statement for all recently sold real estate
  • Proof free/clear ownership of any real estate owned & proof of taxes and insurance on all properties owned
  • Current annual letter for social security, retirement or disability income
  • Recorded Bankruptcy papers and discharge, all pages
  • Veterans: DD214 and Certificate of Eligibility and proof of Disability %, if any
  • Current photo ID and social security card

Our clients most frequently asked questions:

Q: How do I find a good Real Estate Agent?

A: Choose a real estate agent who lives and works in the area. The reason being they need to be knowledgeable in the local market. This is critical in the fast moving market that we have experienced in the last few years. Also look to see if they have continued their education and have credentials such as GRI, CRS, ABR, CLHMS & SRES which indicate that the agent is aware of the latest trends in the industry particularly the use of social media.

Q: Who does the Real Estate Agent represent?

A: When you hire an Agent as a Buyer Broker, that agent represents you alone, not the seller. That is the advantage of Buyer Agency and it is the form of representation that most buyers are choosing here in Texas. Many Relocation Companies require you to have this type of agency representation.

Q: What are other advantages to Buyer Agency?

A: Buyer Agents can help you to research the market by showing comparable
homes in resale as well as new homes. Buyer Agents can show you everything the area has to offer. A Buyer Agent can advise you on taxes, pricing in the area, market conditions, how long the home has been on the market and negotiate the price of the home for you. The Woodlands Team will do a lot of the research before you meet with them, looking for the right properties to show you.

Q: Do I need a Buyer Agent if I am going to buy or build a new construction home?

A: Definitely! The sales person at the new home represents only the Builder. The Buyer Agent’s knowledge of the market may enable you to negotiate a better price and/or upgrade package – and at no cost to you!!

Perhaps more importantly The Woodlands Team will advise you on what will resell best in the market and advise which upgrades will add value to your home.

The Woodlands Team is also accustomed to dealing with Relocation Companies and can make the move a little smoother.

Q: Who pays for the services of the Buyer's Agent?

A. In The Woodland’s market it is typical that the Builder or Seller will pay the fee of the Buyers Agent just as they would a Sub-Agent. The fee is stated in the Multiple Listing Service or in the Builders' and Broker Agreement policy.

Q: How do I sign up with a Buyer Agent?

A: There is a form to complete called the Buyer Representative Agreement. You are hiring the agent to work for you. The agent will put a lot more effort into the relationship if they know that you trust them exclusively to find the right home for you. There is a lot of preparation and research that goes into setting up a schedule aimed at finding the right home, within the least possible timeframe.


Q: Should I start my Mortgage Application?

A: Absolutely. In fact it will make the process of buying a home easier if you have a mortgage at the approval stage. Your negotiating position will be stronger and your contract much more credible if you can say that you are already approved for a loan. This will work especially well if there are multiple offers at the same time on one house.

Q: What happens after I find a home?

A: You and your Buyer’s Agent will sit down and write a contract. Your Agent will present the offer to the Seller’s Agent and then negotiate the contract for you. Your Agent should concentrate on getting the best price for you.

Q: What is an Option Period and why is it to my advantage?

A: When purchasing any home you should ask for the right to have a licensed inspector give an opinion on the condition of the property. The Option Period an agreed set number of days in which you have the right to inspect the property. The advantage to you of course, is that you will know a lot more about the condition of the property you are buying.

Q: What kinds of inspections are there?

A: In The Woodlands the typical inspections are mechanical, structural and wood destroying insect inspection. You may also decide to have separate inspections on the pool and spa, air conditioning, heating systems and the roof. The buyer chooses and pays for the Texas Licensed Inspectors.

Q: Who orders the Appraisal?

A: Your Mortgage Company will order the Appraisal. You should request a copy from your Mortgage Company and keep it in your permanent file.

Q: When is my loan approved?

A: Your Mortgage for your home is approved only when all the contingencies on the contract have been satisfied e.g. appraising the value of your new home, inspections completed, survey, income verification, saving verification. When all these items have been completed, the package then goes to the Underwriter of the loan for final approval.

Q: Do I see the home before the Closing?

A: It is customary in Texas to have a final ‘walk-thru’ just before closing on the home. You may also want to instruct your inspectors to go and re-inspect the property prior to closing if any repairs have been requested.

Q: When can I move in?

A: You have access to the home on the Date of Possession on the contract. It can be different from the Date of Closing. The keys to the house are handed over when the loan has funded. It is very important to have a Buyer’s Agent tracking your file. A good Agent will know that certain things must be done in a timely manner so that the closing can go as scheduled. This is just as important in New Construction Homes as in Resale Homes. We have found at The Woodlands Team, that assigning the job of Closing Coordinator to one person, ensures a smooth closing.

Q: How do I start the Home Buying Process?

A: First give The Woodlands Team a call. A Buyer Agent will spend time with you to get to know what you and your family are looking for in your new home and neighborhood. Then the Agent will help you with Mortgage Lenders, Builders, Inspectors, Movers, Pool Companies and whatever it takes to alleviate the stress involved with a move.

These Buyer Questions were composed and edited by The Woodlands Team just for general information and not as specific advice. Each person’s situation is different. Please call us so that we can help you with your search for a new home at

- Vanissa & Joan
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