Buying or selling a home in Ackerman? TRY Realty can help.With some up-front planning, purchasing a home isn't very complex, but the event intimidates many people. So you understand exactly what to expect, I like to provide my buyers with an outline of the entire deal. Below are my nine steps to purchasing a home.
|Should you have questions regarding any of this information or if you're ready to get started, just contact me here or e-mail me at firstname.lastname@example.org.|
Step 1 – Prepare to buy
There are a lot of things you'll want to contemplate before starting your home search. You'll want to form a check list of items you want to have, plan for what neighborhoods and school districts you'd like to live in, and start working on your budget. Ensuring your mortgage payment is around 30 percent of your monthly income is a good rule of thumb to adhere to.
Step 2 – Communicate with a real estate agent
That's where I come in. We can arrange a time to get together so we can talk about why you want to buy a home and get an idea of your plans for the future. We'll discuss neighborhoods, schools in the Ackerman area, the mortgage industry, and any additional economic factors that could potentially affect your purchase today or in the future.
I can also help you facilitate the loan process. I work with some of the best mortgage professionals in Ackerman, so you'll be in great hands. They can help you figure out which kind of loan is best for you, as well as help you get qualified.
Step 3 – Begin house hunting
After our initial meeting, I'll start finding available homes on the market that are a great fit for you. I'll research most of the homes and eliminate the bad ones, and then we'll book appointments to view the houses whenever it's most convenient for you.
As we tour houses, I'll show you the positive features, as well as bad ones. And I'll ask you to point out what things you like and don't like. It's pretty common for buyers to revise their must-have list as we tour homes and some items become far more important than others. If that's the situation, I'll look through the listings once more and trim it down to the house of your dreams.
Step 4 – Understand the market
My knowledge of the Ackerman market is a fundamental benefit in your home search. I'm mindful of all the neighborhoods and schools, and I'll alert you to certain areas are "hot" and warrant prompt action and others that are "cool" and allow for more consideration.
When we view houses, I'll let you know when the seller's list price has room for bargaining and when I think the home is "priced to sell."
Any REALTOR® in Ackerman will claim to truly understand the market, but be mindful, and be sure to ask your agent lots of questions.
If things don't add up, call me at 6622857108 or e-mail me at email@example.com, and I'll be glad to answer any questions you might have. My market expertise will help you stay a step above the rest throughout the entire deal.
Step 5 – Find the home of your dreams
We'll find your dream house in the Ackerman area, and when that happens, I'll carefully develop your purchase offer. The offer will be tailored keeping your needs in mind. Whenever necessary, I never forget to make contracts contingent upon items like acquiring financing and the results of the home inspection.
When submitting your purchase offer, you'll likely need to submit "earnest money." This is a cash deposit made to a seller to secure an offer to buy the property, and it's usually applied to the cost of closing. If your offer is accepted, we should close on the home within 30 to 60 days after. This allows ample time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most deals aren't closed on the first offer, and it's very common to receive a counter offer. But don't let it alarm you. We'll talk about whether or not to consent to the counter offer, propose our own counter offer, or decline the seller's offer and move on.
Market circumstances will play a role in how aggressively we negotiate the deal. We'll also work within your financing budget. And when it's all said and done, we'll assemble a contract that's best for you.
Step 7 – Secure your loan
Once the contract is complete, you'll start working with your lender to close the loan. If you've been pre-qualified, it won't be a long process at all. But you need to stay in close contact with your mortgage lender. And I'll look after all the property information your mortgage lender will need to close the loan.
Step 8 – Close the deal
You'll get a Good Faith Estimate (GFE) detailing closing costs from your mortgage lender within three days of getting your application. This estimate rests on the loan amount, and RESPA requirements order that it has to contain all closing costs and fall within a tight range of accuracy. I'll go over the estimate and let you know if it all looks adequate.
Then it's time to close on your home. This will most likely happen at a title company or escrow office and will likely be a smooth and stress-free occasion.
Step 9 – Move in
Success! It's time to move into your new house. Enjoy it. And if you have any questions, simply call me at 6622857108 or send me an e-mail.