Buying or selling a home in Topton?

For most people, purchasing a home can be a stressful event. However, with some planning ahead of time, it's not all that complicated. So they know exactly what they can expect, I'll provide buyers with an outline of the entire deal. These 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 answer questions you have about this information.

Step 1 – Get ready to purchase a home
There are plenty of things you should take into account before you look for a home. You'll probably want to make a list of must-have features, get a feeling for what neighborhoods and school districts you'd like to live in, and begin planning your budget. A good rule to go by is that your mortgage payment should be 30 percent of your monthly income.

Step 2 – Get in touch with a real estate agent
This is where Nantahala Real Estate Company, INC can help. We'll plan a time to get together so we can talk about your real estate needs and get an idea of your future plans. We'll talk about everything from neighborhoods, schools in the Topton area, the mortgage industry, to any other economic factors that could potentially affect your buying decision today or in the future.

I'll also help you facilitate the loan process. There are some great mortgage professionals in Topton, and I work with a lot of them, so you'll be in great hands. They will assist you in figuring out which kind of loan is best for you and help you get qualified.

Step 3 – Begin looking for a home
After our initial meeting, I'll begin looking for houses on the market that are great for you. I'll research most of the houses and exclude the duds, and then we'll schedule appointments to tour the homes whenever it's most convenient for you.

When we tour the houses, I'll show you the good features, as well as negative ones. I'll also ask you about things you like and dislike. Generally, buyers revise their list of must-haves as we view houses and some features become more important than others. If that's the situation, I'll go back through the listings again and trim it down to the house you've been wishing for.

Step 4 – Understand the market
My understanding of the Topton home market is a leading aspect in your house search. I am informed of all the schools and neighborhoods, and I'll let you know which districts are "hot" and warrant prompt action and some that are "cold" and allow for thoughtful consideration.

As we tour homes, I'll make sure to communicate when the seller's list price has room for bargaining and also when I trust the home is "priced to sell." Be careful and make sure you ask plenty of questions, as every real estate agent will tell you they truly know the home market. If things don't add up, call me at 8283213101 or e-mail me at , and I'd be happy to answer any questions you might have. My understanding of the market will keep you a step ahead through the entire process.

Step 5 – Find your dream home
I'm sure we'll find the home of your dreams in Topton. When we do, I'll precisely develop your home purchase offer. The offer will be tailored with your needs in mind and the home, including many contingencies. A few examples are obtaining financing, finishing the home inspection, and a clear title.

Upon submitting your purchase offer, you'll need to submit "earnest money." This is a cash deposit made to a home seller to secure an offer to purchase the property and is often applied to the cost of closing. If your offer is accepted, we should close on the home about 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Most deals don't close on the beginning offer, and it's extremely common to receive a counter offer. Don't let it intimidate you. We'll figure out whether or not to take the counter offer, submit our own counter offer, or reject the seller's offer and move on.

How aggressively we negotiate the deal depends on market conditions. We'll also work within your financing budget. And at the end of the day, we'll create a deal that is best for you.

Step 7 – Secure financing
Once the contract is finished, you'll start working with your lender to close the loan. This won't take very long at all if you're already pre-qualified, but you should to stay in close contact with your mortgage lender. And I'll sort out all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your lender will furnish you with a Loan Estimate (LE) outlining closing costs within three days of accepting your loan application. You'll get a Loan Estimate (LE) of your closing costs from your mortgage lender within three days of getting your application. This estimate is formed from the loan amount. RESPA requirements mandate that it has to contain all closing costs and fall within a tight range of accuracy, and I'll analyze the estimate and let you know if it all looks all right.

Then it's time to close on your home. This will most often occur at a title company or escrow office and will most likely be a smooth and comfortable occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, be sure to call me at 8283213101 or e-mail me at .