Are you looking to purchase your new home in Topton? Nantahala Real Estate Company, INC can help.
For a lot of people, purchasing a home can be a stressful event. However, with a little planning ahead of time, it's not all that hard.
So they'll understand exactly what they can expect, I'll give buyers a road map of the whole deal.
Here are my nine steps to buying a home.
When you're ready to get started, simply contact me here or e-mail me at . I'm happy to answer any questions you have about this information.
Step 1 – Get ready to purchase
Before you start looking for a home, there are a lot of things you should take into account.
When you begin your search, you'll probably want to create an outline of features you want, get a feeling for what neighborhoods you'd like to live in, and begin planning around your budget.
Ensuring your mortgage payment is less than a third of your net monthly income is a good principle to go by.
Step 2 – Get in touch with a real estate agent
That's where I can help.
We can plan 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 neighborhoods, school districts in the Topton area, the mortgage and housing industries, and any additional economic factors that could affect your buying decision today or in the future.
I'll also help you start the loan process.
There are some great mortgage professionals in Topton, and I work with a lot of them, so you're in great hands.
They'll assist you with determining which type of loan is best for you and help you get approved.
Step 3 – Begin your search
After our initial meeting, I'll start finding available homes on the market that are great for you.
I'll preview many of the houses and throw out the duds, and then we'll set up appointments to tour the homes when it's most convenient for you.
As we view the homes, I'll call attention to positive features, as well as negative ones. I'll even ask you to point out what things you like and don't like.
It's widely common for buyers to amend their must-have list as we tour homes and some things become far more crucial than others.
If that's the case, I'll look through the listings again and narrow it down to the home of your dreams.
Step 4 – Comprehend the market
My understanding of the Topton home market is a necessary aspect in your house search. I'm informed of all the neighborhoods and school districts, and I'll alert you to some neighborhoods are "hot" and call for prompt action and others that are "cool" and allow for cautiousness.
As we tour houses, I'll be sure to tell you when the seller's asking price has room for bargaining and also when I trust the house is "priced to sell."
Be mindful and be sure to ask a lot of questions, as any REALTOR will claim to truly understand the housing market.
If things don't add up, just 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 above the rest throughout the entire deal.
Step 5 – Find your dream home
I'm sure we'll find your dream home in Topton. 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 getting financing, carrying out the inspection, and a clear title.
When presenting your purchase offer, you'll probably need to present "earnest money." This is a cash deposit submitted to the home seller to secure the offer to purchase the property and is usually put towards the closing costs. If your offer is accepted by the seller, we should close on the home about 30 to 60 days after. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate
A lot of deals aren't closed on the initial offer, and it's really common to receive a counter offer. Don't let this intimidate you. We'll talk about whether or not to accept the counter offer, propose our own counter offer, or reject the seller's offer and go on.
Market circumstances determine how aggressively we negotiate the deal.
In addition, we'll work within your budget. And when it's all said and done, we'll assemble a deal that works well for you.
Step 7 – Get your loan
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan.
If you're pre-approved, it won't take much time at all, 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 mortgage lender will provide you with a Loan Estimate (LE) outlining closing costs within three days of getting your loan application. You'll get a Loan Estimate (LE) outlining your closing costs from your lender within three days of getting your application.
This estimate is based on the loan amount. RESPA requirements mandate that it has to involve all closing costs and fall within a narrow range of accuracy, and I'll review the estimate and let you know if everything looks all right.
Then we'll close on your home. This should occur at a title company or escrow office and will likely be a smooth and calm event.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything, make sure you contact me at 8283213101 or e-mail me at .