Buying or selling a home? The ALLREALTY Group can help.
Purchasing a home can be stressful for most people, but with a bit of up-front planning, it isn't all that complicated.
So they know exactly what they can expect, I'll provide buyers with a road map of the whole deal.
Here are my nine steps to buying a home.
Should you have any questions regarding this information or if you're prepared to get started, simply contact me here or e-mail me at .
Step 1 – Get ready to buy
Prior to starting your home search, there are many things you'll want to contemplate.
When you begin your search, you'll want to put together a checklist of must-have features, get an idea of what school districts you'd like to live in, and begin planning your budget.
Keeping your mortgage payment less than or close to 1/3 of your monthly income is a good rule to adhere to.
Step 2 – Get in touch with a real estate agent in Pleasant Garden
This is where I come in.
I'd love to arrange a time to get together with you and speak with you regarding why you want to buy a home and get an idea of your future plans.
We'll talk about the mortgage and housing industries, other economic factors that could affect your buying decision today or in the future, as well as neighborhoods and schools in the Pleasant Garden area.
In addition, I'll help you get started on your loan.
There are some very good mortgage professionals in Pleasant Garden, and I partner with a lot of them, so you're in great hands.
They'll help you determine which kind of loan is best for you, as well as help you get qualified.
Step 3 – Begin looking for a house
After our first meeting, I'll start finding available houses on the market that are great for you.
I'll research most of the houses and exclude the duds, and then we'll book appointments to tour the homes when it's convenient for you.
When we view homes, I'll call attention to good features, as well as negative ones. I'll even ask you to tell us about things you like and dislike.
It's widely common for buyers to revise their list of must-haves as we view houses and some items become far more important than others.
If that's the case, I'll go back through all the listings another time and trim it down to the house you've been waiting for.
Step 4 – Understand the housing market
My knowledge of the Pleasant Garden market is an essential aspect in your home search. I am informed of all the schools and neighborhoods, and I will communicate what neighborhoods are "hot" and demand prompt action and some that are "cold" and allow for cautiousness.
When we view homes, I'll make sure to communicate if the list price has room for negotiation or if I believe the home is "priced to sell."
When working with an agent, trust your instincts and make sure you ask a lot of questions. Any REALTOR will claim to truly know the housing market.
If things don't add up, contact me at 336-442-7653 or e-mail me at , and I'd be happy to answer any questions you may have. My market knowledge will keep you a step ahead through the entire process.
Step 5 – Find the house you've been looking for
I'm positive we'll find the home of your dreams in Pleasant Garden. When we do, I'll precisely create your purchase offer. The offer will be tailored with your needs in mind and the home, including some contingencies. A few examples are obtaining financing, completing the home inspection, and a clear title.
When we submit your purchase offer, you'll want to present "earnest money." This is a cash deposit given to a seller to secure the offer to purchase the property, and it's often put towards the closing costs. If the seller accepts the offer, we should close on the home within 30 to 60 days after. This allows necessary time for your mortgage financing.
Step 6 – Negotiate the deal
Most contracts aren't closed on the first offer. It's very common to receive a counter offer. Don't let it intimidate you. We'll talk about whether or not to take the counter offer, propose our own counter offer, or decline the seller's offer and go on.
Market circumstances will play a vital role in how aggressively we negotiate the deal.
In addition, we'll work within your financing limits. And at the end of the day, we'll compose a contract that works well for you.
Step 7 – Get your loan
After we sign the final deal, you'll begin working with your lender to close the loan.
If you're pre-approved, this shouldn't be a long process at all, but you should to stay in close contact with your mortgage lender.
And I'll sort out all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) of your closing costs within three days of accepting your application. You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of getting your application.
The estimate rests on the loan amount, and RESPA requirements require that it has to include all closing costs and be within a precise range of accuracy. I'll examine the estimate and let you know if it all looks all right.
Then it's time to close on your home. This will likely happen at a title company or escrow office and should be a smooth and comfortable affair.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, make sure you call me at 336-442-7653 or e-mail me at .