Buying or selling a home in Harmony? RE/MAX Select Properties can help.
With a little up-front planning, purchasing a home isn't too confusing, but the event is stressful for many people.
So they'll know exactly what they can expect, I will provide buyers with an outline of the whole deal.
Here are my nine steps to purchasing a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm glad to answer questions you have regarding this information.
Step 1 – Get ready to purchase
There are a lot of things you should take into account prior to beginning your home search.
You'll probably want to put together a checklist of features you need to have, plan for what school districts you want to live in, and start working on your budget.
Keeping your mortgage payment less than 30 percent of your net monthly income is a good principle to follow.
Step 2 – Connect with a real estate agent
This is where RE/MAX Select Properties can help.
I'd like to set up a time to meet with you and communicate with you about your real estate needs and get an idea of your future plans.
We'll discuss neighborhoods, school districts in the Harmony area, the mortgage and housing industries, and any additional economic factors that could potentially affect your buying decision today or in the future.
I'll 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'll be in great hands.
They'll assist you in deciding which kind of loan is best for you and help you get qualified.
Step 3 – Begin house hunting
Following 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 throw out the duds, and then we'll schedule appointments to tour the houses whenever it's convenient for you.
As we view houses, I'll identify good features, as well as negative ones. I'll even ask you about things you like and dislike.
As a rule, buyers revise their wish list as we tour homes and some things become more important than others.
If that happens, I'll search all the listings once more and trim it down to the home you've been dreaming about.
Step 4 – Understand the market
An agent's knowledge of the Harmony housing market is a necessary element in your home search. And I assure you I'm informed of all the schools and neighborhoods, and I will alert you to some neighborhoods are "hot" and require prompt action and some that are "cool" and allow for thoughtful analysis.
When we tour homes, I'll make sure to communicate when the seller's list price has room for bargaining and when I believe the house is "priced to sell."
Be careful and make sure you ask lots of questions, as every real estate agent will tell you they know the housing market.
If things don't add up, just call me at 5078864221 or e-mail me at , and I'd be glad to answer any questions you may have. My market knowledge will keep you a step above the rest through the entire process.
Step 5 – Find the house of your dreams
I'm certain we'll find your dream house in the Harmony area. When we do, I'll precisely develop your home purchase offer. The offer will be tailored to suit your needs and the home, including some contingencies. A few examples are obtaining financing, finishing the home inspection, and a clean title.
When sending in your purchase offer, you'll need to present "earnest money." This is a cash deposit submitted to the home seller to secure an offer to purchase the property and is usually applied to the closing costs. If the seller accepts the offer, we should close on the property within 30 to 60 days after. This allows necessary time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most deals aren't closed on the first offer. It's pretty common to receive a counter offer. Don't let this alarm you. We'll discuss whether or not to agree to the counter offer, present our own counter offer, or decline the seller's offer and go on.
Market conditions determine how aggressively we negotiate the deal.
In addition, we'll work within your budget. And at the end of the day, we'll put together a contract that works well for you.
Step 7 – Obtain a loan
After we sign the final contract, you'll begin working with your mortgage lender to close the loan.
If you've been pre-approved, it won't take very long at all. But you need to keep in close contact with your mortgage lender.
And I'll sort out all the property information your lender will need to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of getting your application.
This estimate depends on the loan amount, and RESPA requirements require that it has to include all closing costs and fall within a tight range of accuracy. I'll review the estimate and let you know if it all looks adequate.
Then we'll close on your house. This will probably take place at a title company or escrow office and will likely be a smooth and easygoing occasion.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, just contact me at 5078864221 or e-mail me at .