Are you buying your home in Harmony? RE/MAX Select Properties can help.
Purchasing a home is stressful for a lot of people, but with some up-front planning, it isn't very confusing.
So they know exactly what to expect, I like to give buyers a road map of the entire deal.
Here are my nine steps to buying a home.
When you're ready to get started, just contact me here or e-mail me at . I'm glad to address any questions you have about this information.
Step 1 – Prepare to purchase
There are several things you need to contemplate before starting your home search.
It's likely that you'll want to assemble a checklist of features you need, get a feel for what neighborhoods and school districts you want to live in, and begin planning your budget.
Keeping your mortgage payment less than or around 30 percent of your monthly income is a good rule of thumb to go by.
Step 2 – Connect with a real estate agent in Harmony
That's where I can help.
I'd love to book a time to get together with you and speak with you about your real estate needs and get an idea of your plans for the future.
We'll discuss neighborhoods, schools in the Harmony area, the mortgage and housing industries, and any other economic factors that could affect your buying decision today or in the future.
I can also assist you in getting started on your loan.
RE/MAX Select Properties partners with some of the best mortgage professionals in Harmony, so you can rest assured that you're in great hands.
They'll assist you with choosing which type of loan is best for you and help you get approved.
Step 3 – Begin house hunting
After our initial meeting, I'll start looking for houses on the market that are great for you.
I'll research most of the homes and ignore the bad ones, and then we'll set up appointments to tour the homes whenever it's most convenient for you.
As we view the homes, I'll show you the positive features, as well as bad ones. I'll also ask you about things you like and dislike.
As a rule, buyers revise their wish list as we view homes and some features become more substantial than others.
If that's the situation, I'll search all the listings once again and trim it down to the home you've been wishing for.
Step 4 – Get a grasp of the market
My understanding of the Harmony home market is an essential element in your house search. I am conscious of all the neighborhoods and school districts, and I will alert you to certain districts are "hot" and warrant prompt action and others that are "cold" and allow for more consideration.
When we tour houses, I'll let you know if the asking price has room for bargaining or if I believe the home is "priced to sell."
Any REALTOR will convince you they know the market, but take note, and be sure to ask your agent plenty of questions.
If it doesn't seem like they know everything, call me at 5078864221 or e-mail me at , and I'll be more than happy to answer any questions you might have. My market expertise will help you stay a step ahead through the entire process.
Step 5 – Find the house of your dreams
I'm confident we'll find the home of your dreams in the Harmony area. When we do, I'll precisely create your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including a lot of contingencies. A few examples are acquiring financing, finishing the home inspection, and a clean title.
When presenting your purchase offer, you'll probably want to submit "earnest money." This is a cash deposit submitted to the home seller to secure an offer to purchase the property and is typically put towards the cost of closing. If the offer is accepted, we should close on the property about 30 to 60 days afterward. This allows ample time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts aren't closed on the first offer. It's very common to receive a counter offer. Don't let this intimidate you. We'll talk about whether or not to agree to the counter offer, present our own counter offer, or reject the seller's offer and move on.
The state of the market will play a big part in how aggressively we negotiate the deal.
We'll also work within your budget. And when it's all said and done, we'll formulate a deal that's best for you.
Step 7 – Get your loan
Upon signing the contract, you'll start working with your mortgage lender to close the loan.
If you've been pre-qualified, it won't take long at all, but you should to keep in close contact with your mortgage lender.
And I'll look after all the property information your lender will need to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) of closing costs from your mortgage lender within three days of accepting your application.
The estimate rests on the loan amount. RESPA requirements mandate that it has to contain all closing costs and fall within a tight range of accuracy, and I'll examine the estimate and let you know if it all looks adequate.
Then it's time to close on your house. This should take place at a title company or escrow office and is often a smooth and relaxed occurrence.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you have any questions, just call me at 5078864221 or e-mail me at .