Buying or selling a home? Cossell Enterprises, Inc can help.

With some planning ahead of time, purchasing a home isn't that difficult, but the event intimidates many people. So they know exactly what to expect, I'll provide buyers with an outline of the entire deal. Below are my nine steps to buying a home. If you have any questions regarding any of this information or if you're ready to get started, just contact me here or e-mail me at .

Step 1 – Prepare to buy a home
There are several things you'll want to do before starting your home search. It's likely that you'll want to assemble a checklist of items you need, get a feeling for what school districts you want to live in, and begin working on your budget. Keeping your mortgage payment less than or around a third of your monthly income is a good principle to adhere to.

Step 2 – Speak with a real estate agent
That's where I can help. I'd be more than happy to book a time to meet with you and speak with you about why you want to buy a home and get an idea of your future plans. We'll talk about everything from neighborhoods, school districts in the Bucklin area, the mortgage and housing industries, to any other economic factors that could affect your purchase today or in the future.

In addition, I'll assist you with getting started on your loan. There are some great mortgage professionals in Bucklin, and I partner with a lot of them, so you're in great hands. They'll help you choose which kind of loan is best for you, as well as help you get approved.

Step 3 – Start looking for a house
After our first meeting, I'll begin finding available homes on the market that suit your needs. I'll get a sneak peek of many of the houses and ignore the bad ones, and then we'll set up appointments to tour the houses whenever it's most convenient for you.

As we view the homes, I'll point out positive features, as well as bad ones. I'll even ask you what things you like and don't like. Oftentimes, buyers revise their wish list as we view houses and some things become far more crucial than others. If that happens, I'll search all the listings another time and narrow it down to the home you've been wishing for.

Step 4 – Comprehend the housing market
My awareness of the Bucklin housing market is a fundamental agent in your home search. I'm conscious of all the neighborhoods and schools, and I will alert you to some neighborhoods are "hot" and warrant immediate action and some that are "cool" and allow for cautiousness.

As we view houses, I'll let you know if the seller's list price has room for negotiation or if I believe the home is "priced to sell." When working with an agent, trust your instincts and make sure you ask lots of questions. Any real estate agent in Bucklin will tell you they understand the housing market. If things don't add up, contact me at 620-826-3340 or e-mail me at , and I'd be glad to answer any questions you may have. My knowledge of the market will keep you a step ahead throughout the entire deal.

Step 5 – Find your dream house
We'll find the house of your dreams in the Bucklin area, and when that happens, I'll meticulously create your home purchase offer. The offer will be made to fit your needs and the home. We'll include some contingencies, such as getting financing, completing the inspection, and a clean title.

When we present your purchase offer, you'll want to submit "earnest money." This is a cash deposit given to the home seller to secure an offer to purchase the property. The amount is often put towards the cost of closing. If the seller accepts the offer, we should close within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
A lot of deals don't close on the first offer. It's really common to receive a counter offer. Don't let it intimidate you. We'll consider whether or not to take the counter offer, propose our own counter offer, or refuse the seller's offer and move on.

How aggressively we negotiate the deal depends on market conditions. We'll also work within your budget. And when it's all said and done, we'll formulate a contract that works well for you.

Step 7 – Obtain your loan
After we sign the final deal, you'll begin working with your lender to close the loan. If you're already pre-qualified, it shouldn't take much time at all. But you'll want to keep in close contact with your lender. And I'll sort out all the property information your lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of getting your loan application. This estimate depends on the loan amount. RESPA requirements order that it has to contain all closing costs and fall within a narrow range of accuracy, and I'll study the estimate and let you know if it all looks okay.

Then it's time to close on your house. This should take place at a title company or escrow office and will most often be a smooth and relaxed occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, simply call me at 620-826-3340 or e-mail me at .

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