Contemplating purchasing your new home in Topton?

For most people, buying a home is a stressful event. However, with some planning ahead of time, it isn't all that difficult. So they'll understand exactly what to expect, I like to furnish buyers with a road map of the entire deal. Here are my nine steps to purchasing a home. When you're ready to get started, simply contact me here or e-mail me at . I'm glad to address questions you have regarding this information.

Step 1 – Prepare to purchase
Before you begin searching for a home, there are several things you need to consider. When you begin your search, you'll want to assemble a checklist of items you need to have, plan for what neighborhoods and school districts you'd like to live in, and start working on your budget. A good guideline to go by is that your mortgage payment should be around 1/3 of your monthly income.

Step 2 – Connect with a real estate agent in Topton
This is where I can help. We'll plan a time to meet so we can talk about your real estate needs and get an idea of your upcoming plans. We'll talk about neighborhoods, school districts in the Topton area, the mortgage industry, and any other economic factors that could affect your purchase today or in the future.

In addition, I'll assist you with getting started on your loan. I work with some of Topton's finest mortgage professionals, so you'll be in great hands. They can help you figure out which type of loan is best for you, as well as help you get qualified.

Step 3 – Begin your home search
After our first meeting, I'll start searching for available houses on the market that are a great fit for you. I'll research most of the homes and reject the duds, and then we'll set up appointments to view the houses at a time that's convenient for you.

When we view the houses, I'll call attention to good features and negative ones. I'll even ask you to talk about things you like and don't like. Frequently, buyers amend their must-have list as we view homes and some things become more substantial than others. If such is the case, I'll look through all the listings one more time and trim it down to the home you've been dreaming about.

Step 4 – Comprehend the market
My awareness of the Topton home market is a necessary component in your home search. I'm informed of all the neighborhoods and schools, and I'll let you know what areas are "hot" and call for prompt action and the ones that are "cold" and allow for careful consideration.

When we view houses, I'll be sure to tell you if the asking price has room for negotiation or if I believe the home is "priced to sell." Trust your instincts and be sure to ask plenty of questions, as any real estate agent will claim to truly understand the market. If it seems like they don't know everything, call me at 8283213101 or e-mail me at , and I'll be happy to answer any questions you might have. My market expertise will keep you a step above the rest throughout the entire process.

Step 5 – Find your dream home
We'll find the home of your dreams in the Topton area, and when we do, I'll precisely create your purchase offer. The offer will be tailored to suit your needs and the home, including some contingencies, such as obtaining financing, completing the home inspection, and a clear title.

Upon sending in your offer, most likely you'll need to submit "earnest money." This is a cash deposit given to the home seller to secure an offer to buy the property. The amount is often put towards 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 the deal
Unfortunately most contracts aren't closed on the first offer. It's widely common to receive a counter offer. Don't let it intimidate you. We'll talk over whether or not to take the counter offer, present our own counter offer, or refuse the seller's offer and move on.

How aggressively we negotiate the contract depends on the state of the market. In addition, we'll work within your financing constraints. And at the end of the day, we'll assemble a contract that's best for you.

Step 7 – Get a loan
After we sign the final contract, you'll start working with your lender to close the loan. If you're already pre-qualified, it won't take very long at all. However, you'll want to keep in close contact with your mortgage lender. And I'll take care of all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) detailing your closing costs within three days of getting your application. You'll get a Loan Estimate (LE) of closing costs from your lender within three days of getting your application. The estimate rests on the loan amount. RESPA requirements mandate that it has to include all closing costs and fall within a close range of accuracy, and I'll go over the estimate and let you know if it all looks okay.

Then we'll close on your house. This will likely take place at a title company or escrow office and is often a smooth and relaxing affair.

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 8283213101 or e-mail me at .