Are you buying your home in Greenfield? Realiteam Real Estate Group can help.
Purchasing a home can be stressful for a lot of people. However, with a little planning ahead of time, it isn't that difficult.
So they know exactly what to expect, I will provide buyers with an overview of the whole deal.
Here are my nine steps to purchasing a home.
When you're ready to get started, just contact me here or e-mail me at . I'm happy to address questions you have regarding this information.
Step 1 – Prepare to purchase a home
There are several things you should take into account before you start looking for a home.
You'll want to assemble an outline of features you need, get an idea of what neighborhoods and school districts you want to live in, and start planning around your budget.
Keeping your mortgage payment less than or close to a third of your monthly income is a good rule to adhere to.
Step 2 – Talk to a real estate agent in Greenfield
This is where Realiteam Real Estate Group can help.
We'll arrange a time to meet so we can talk about 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 may potentially affect your buying decision today or in the future, as well as neighborhoods and schools in the Greenfield area.
I can also help you facilitate the loan process.
I partner with some of the finest mortgage professionals in Greenfield, so you can rest assured that you're in great hands.
They will assist you in determining which type of loan is best for you and help you get qualified.
Step 3 – Begin looking for a home
After we meet, I'll begin finding houses on the market that are a good fit for you.
I'll preview many of the homes and remove the duds, and then we'll set up appointments to view the homes whenever it's convenient for you.
When we view homes, I'll identify good features and negative ones. I'll even ask you what things you like and dislike.
As a rule, buyers revise their wish list as we tour houses and some items become far more crucial than others.
If that happens, I'll search the listings another time and narrow it down to the house you've been waiting for.
Step 4 – Get a grasp of the housing market
Your agent's understanding of the Greenfield market is a crucial aspect in your home search. And I assure you I'm acquainted with all the schools and neighborhoods, and I'll alert you to what areas are "hot" and call for immediate action and some that are "cool" and allow for thoughtful analysis.
As we view houses, I'll make sure to communicate if the asking price has room for negotiation or if I believe the house is "priced to sell."
Be on guard and make sure you ask your agent lots of questions, as any REALTOR will claim to comprehend the home market.
If things don't add up, just call me at 4147278280 or e-mail me at , and I'll be glad to answer your questions. My market expertise will keep you a step above the rest throughout the entire process.
Step 5 – Find the house you've been waiting for
I'm certain we'll find the home of your dreams in the Greenfield area. When we do, I'll meticulously develop your home purchase offer. The offer will be made to suit your needs and the home. We'll include a lot of contingencies, such as obtaining financing, completing the inspection, and a clear title.
When turning in your offer, most likely you'll need to submit "earnest money." This is a cash deposit given to the home seller to secure the offer to buy the property and is typically put towards the closing costs. If your offer is accepted by the seller, we should close about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most contracts aren't closed on the first offer, and it's pretty common to receive a counter offer. But don't let this alarm you. We'll talk over whether or not to accept the counter offer, propose our own counter offer, or decline the seller's offer and go on.
Market conditions will play a vital role in how aggressively we negotiate the contract.
We'll also work within your financing budget. And at the end of the day, we'll create a contract that's best for you.
Step 7 – Obtain financing
After the contract is finalized, you'll begin working with your lender to close the loan.
If you're already pre-qualified, it shouldn't take very long at all. But you need to keep in close contact with your lender.
And I'll take care of all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your lender will furnish you with a Loan Estimate (LE) detailing closing costs within three days of getting your application. You'll get a Loan Estimate (LE) outlining your closing costs from your lender within three days of receiving your application.
The estimate depends on the loan amount. RESPA requirements require that it has to involve all closing costs and be within a tight range of accuracy, and I'll review the estimate and let you know if everything looks good.
Then it's time to close on your house. This will most often take place at a title company or escrow office and will most often be a smooth and relaxing event.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you have any questions, just contact me at 4147278280 or e-mail me at .