Purchasing a new home in Greenfield with Realiteam Real Estate Group

Purchasing a home is intimidating for most people, but with a little up-front planning, it isn't too confusing. I like to give buyers a road map of the whole deal so they'll know exactly what to expect. Below 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 glad to answer questions you have about this information.

Step 1 – Get ready to purchase a home
There are a lot of things you'll want to do before you look for a home. When you start your search, you'll want to put together an outline of features you need, get an idea of what neighborhoods you'd like to live in, and begin planning your budget. Keeping your mortgage payment less than or close to 1/3 of your net monthly income is a good guideline to follow.

Step 2 – Speak with a real estate agent
That's where I come in. We'll 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 talk about neighborhoods, school districts in the Greenfield area, the mortgage industry, and any other economic factors that might affect your purchase today or in the future.

I can also help you begin the loan process. There are some excellent mortgage professionals in Greenfield, and I work with a lot of them, so you can rest assured that you're in great hands. They will help you choose which kind of loan is best for you, as well as help you get approved.

Step 3 – Start your search
Following our initial meeting, I'll start looking for available houses on the market that suit your needs. I'll research many of the houses and remove the bad ones, and then we'll book appointments to view the houses at a time that's convenient for you.

As we view homes, I'll show you the positive features and negative ones. And I'll ask you to point out what things you like and dislike. It's pretty common for buyers to amend their wish list as we tour houses and some items become far more essential than others. If that's the situation, I'll search the listings once again and narrow it down to the house you've been waiting for.

Step 4 – Understand the market
My awareness of the Greenfield home market is an imperative aspect in your home search. I'm conscious of all the neighborhoods and schools, and I'll communicate certain districts are "hot" and warrant prompt action and some that are "cool" and allow for more consideration.

When we tour houses, I'll be sure to tell you when the seller's asking price has room for negotiation and when I trust the home is "priced to sell." When working with an agent, be mindful and make sure you ask plenty of questions, as every REALTOR in Greenfield will claim to comprehend the market. If things don't add up, just call me at 4147278280 or e-mail me at , and I'd be glad to answer any questions you may 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 your dream home in Greenfield. When that happens, I'll thoroughly create your purchase offer. The offer will be tailored keeping your needs in mind and the home, including many contingencies. A few examples are getting financing, completing the inspection, and a clean title.

When presenting your purchase offer, you'll probably want to present "earnest money." This is a cash deposit given to a home seller to secure an offer to purchase the property. The amount is most often applied to the closing costs. If the seller accepts the offer, we should close about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most deals aren't closed on the first offer. It's very common to receive a counter offer. But don't let this discourage you. We'll talk over whether or not to consent to the counter offer, present our own counter offer, or reject the seller's offer and move on.

How aggressively we negotiate the contract depends on the state of the market. We'll also work within your financing constraints. And at the end of the day, we'll put together a contract that is best for you.

Step 7 – Secure a loan
Once the deal is finished, you'll begin working with your mortgage lender to close the loan. If you're pre-approved, this shouldn't take very long at all. But you need to keep in close contact with your lender. And I'll look after all the property information your lender will need to close the loan.

Step 8 – Close the deal
Your lender will send you a Loan Estimate (LE) detailing closing costs within three days of accepting your loan application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of receiving your loan application. The estimate is formed from the loan amount. RESPA requirements require that it has to include all closing costs and be within a strict range of accuracy, and I'll analyze the estimate and let you know if everything looks good.

Then we'll close on your home. This will probably happen at a title company or escrow office and should be a smooth and hassle-free event.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything, be sure to contact me at 4147278280 or e-mail me at .

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