Buying or selling a home?
Buying a home is a stressful event for many people, but with a bit of planning ahead of time, it isn't that difficult.
So they know exactly what they can expect, I like to provide buyers with an overview of the whole 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 happy to address any questions you have regarding this information.
There are plenty of things you'll want to do prior to starting your home search. When you begin your search, you'll probably want to create a list of must-have features, get a feeling for what neighborhoods you'd like to live in, and start planning your budget. Ensuring your mortgage payment is around a third of your monthly income is a good principle to adhere to. Step 2 – Connect with a real estate agent
This is where Awesome Real Estate Inc. comes in. We'll set up a time to meet so we can talk about why you want to buy a home and get an idea of your upcoming plans. We'll talk about the mortgage industry, other economic factors that might affect your purchase today or in the future, as well as neighborhoods and schools in the St Augustine area.
I'll also assist you in getting started on your loan. Awesome Real Estate Inc. partners with some of St Augustine's best mortgage professionals, so you're in great hands. They'll help you determine which type of loan is best for you, as well as help you get qualified.
Step 3 – Begin house hunting
After our initial meeting, I'll begin looking for houses on the market that are great for you. I'll research many of the houses and exclude the duds, and then we'll set up appointments to tour the homes when it's most convenient for you.
As we tour the houses, I'll call attention to good features, as well as bad ones. I'll even ask you to point out what things you like and don't like. It's pretty common for buyers to change their must-have list as we view houses and some features become far more important than others. If such is the case, I'll go back through the listings once more and trim it down to the house you've been wishing for.
Step 4 – Get a grasp of the market
My understanding of the St Augustine housing market is a necessary aspect in your house search. I am mindful of all the school districts and neighborhoods, and I will let you know which districts are "hot" and require prompt action and the ones that are "cool" and allow for thoughtful analysis.
As we tour houses, I'll make sure to communicate if the seller's list price has room for negotiation or if I believe the house is "priced to sell."
Any real estate agent will claim to comprehend the housing market, but be wary, and make sure you ask your agent plenty of questions.
If things don't add up, contact me at (904) 429-0600 or e-mail me at , and I'll be more than happy to answer your questions. My market knowledge will keep you a step above the rest through the entire process.
Step 5 – Find your dream home
We'll find your dream home in St Augustine, and when we do, I'll carefully create your purchase offer. The offer will be tailored exactly to your needs and the home, including some contingencies. A few examples are obtaining financing, carrying out the inspection, and a clear title.
Step 6 – Negotiate the deal
A lot of deals aren't closed on the beginning offer – it's widely common to receive a counter offer. Don't let this alarm you. We'll consider whether or not to agree to the counter offer, submit our own counter offer, or decline the seller's offer and move on.
Step 7 – Get your loan
After we sign the final contract, you'll begin working with your mortgage lender to close the loan. If you're pre-qualified, this won't take very long at all. However, you'll need to stay in close contact with your lender. And I'll care for all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your mortgage lender will furnish you with a Loan Estimate (LE) detailing closing costs within three days of receiving your loan application. You'll get a Loan Estimate (LE) of closing costs from your lender within three days of receiving your application. This estimate is based on the loan amount. RESPA requirements order that it has to include all closing costs and be within a narrow range of accuracy, and I'll go over the estimate and let you know if everything looks good.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything, just contact me at (904) 429-0600 or e-mail me at .