Contemplating purchasing your home in Greenfield? Realiteam Real Estate Group can help.
Purchasing a home is a stressful event for a lot of people, but it's not too hard with some up-front planning.
So they'll understand exactly what they can expect, I will provide buyers with an outline of the entire deal.
Below are my nine steps to buying a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm glad to address questions you have regarding this information.
Step 1 – Get ready to purchase
Before you start searching for a home, there are several things you'll want to take into account.
You'll probably want to create an outline of features you want, get a plan of what neighborhoods and school districts you'd like to live in, and start planning your budget.
Ensuring your mortgage payment is less than or around a third of your monthly income is a good principle to follow.
Step 2 – Contact a real estate agent
That's where I can help.
We'll schedule 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 everything from neighborhoods, schools in the Greenfield area, the mortgage and housing industries, to any other economic factors that may affect your purchase today or in the future.
I'll also help you begin the loan process.
I partner with some of Greenfield's finest mortgage professionals, so you can rest assured that you're in great hands.
They can help you choose which type of loan is best for you, as well as help you get qualified.
Step 3 – Begin looking for a house
After we meet, I'll begin finding available houses on the market that are a great fit for you.
I'll research many of the houses and ignore the duds, and then we'll book appointments to view the homes whenever it's convenient for you.
As we view homes, I'll call attention to good features and bad ones. I'll even ask you what things you like and dislike.
Oftentimes, buyers change their wish list as we view houses and some features become far more essential than others.
If such is the case, I'll go back through all the listings again and trim it down to the home you've been dreaming about.
Step 4 – Comprehend the housing market
My knowledge of the Greenfield market is a crucial element in your home search. I am mindful of all the school districts and neighborhoods, and I can alert you to certain neighborhoods are "hot" and warrant prompt action and the ones that are "cold" and allow for more consideration.
As we view homes, I'll let you know if the seller's list price has room for bargaining or if I believe the house is "priced to sell."
Any REALTOR in Greenfield will convince you they understand the housing market, but be careful, and make sure you ask lots of questions.
If it seems like they don't know everything, call me at 4147278280 or e-mail me at , and I'll be happy to answer any questions you might have. My market expertise will help you stay a step ahead throughout the entire process.
Step 5 – Find the house you've been waiting for
I'm positive we'll find the house of your dreams in the Greenfield area. When that happens, I'll meticulously create your purchase offer. The offer will be tailored to suit your needs and the home, including a lot of contingencies, such as getting financing, carrying out the home inspection, and a clean title.
When we present your offer, you'll want to present "earnest money." This is a cash deposit made to the seller to secure an offer to purchase the property and is typically 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 plenty of time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most deals aren't closed on the beginning offer. It's widely common to receive a counter offer. Don't let it alarm you. We'll talk about whether or not to take the counter offer, propose our own counter offer, or refuse the seller's offer and go on.
How aggressively we negotiate the contract depends on the state of the market.
In addition, we'll work within your financing budget. And when it's all said and done, we'll create a deal that is best for you.
Step 7 – Secure your loan
Upon finalizing the deal, you'll start working with your lender to close the loan.
It shouldn't take very long at all if you're pre-qualified, but you'll need to keep in close contact with your mortgage lender.
And I'll deal with all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) of closing costs within three days of taking your application. You'll get a Loan Estimate (LE) of closing costs from your mortgage lender within three days of receiving your application.
The estimate is based on the loan amount. RESPA requirements dictate that it has to include all closing costs and be within a narrow range of accuracy, and I'll study the estimate and let you know if everything looks all right.
Then it's time to close on your house. This will probably occur at a title company or escrow office and will probably be a smooth and relaxed occurrence.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, make sure you contact me at 4147278280 or e-mail me at .