Buying a home in Bucklin

For a lot of people, purchasing a home is a stressful event. However, with some up-front planning, it isn't too confusing. I like to give buyers an outline of the whole deal so they know exactly what they can expect. Below are my nine steps to purchasing a home. When you're ready to get started, you can contact me here or e-mail me at . I'm glad to answer any questions you have about this information.

Step 1 – Prepare to purchase
There are plenty of things you should consider prior to commencing your home search. When you begin your search, you'll probably want to form a check list of features you need to have, plan for what neighborhoods you want to live in, and start planning your budget. Keeping your mortgage payment less than 1/3 of your net monthly income is a good rule of thumb to go by.

Step 2 – Talk to a real estate agent
This is where I can help. I'd like to set up a time to get together with you and speak with you about why you want to buy a home and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the Bucklin area, the mortgage industry, and any additional economic factors that might affect your purchase today or in the future.

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

Step 3 – Begin house-hunting
After our initial meeting, I'll begin finding available homes on the market that best suit you. I'll preview most of the homes and throw out the duds, and then we'll schedule appointments to view the houses when it's convenient for you.

As we tour the houses, I'll show you the good features, as well as negative ones. I'll even ask you to talk about things you like and dislike. It's pretty common for buyers to change their wish list as we tour homes and some things become far more crucial than others. If that's the case, I'll search all the listings one more time and trim it down to the home you've been dreaming about.

Step 4 – Understand the housing market
An agent's understanding of the Bucklin market is a necessary agent in your home search. And I assure you I'm familiar with all the neighborhoods and school districts, and I'll alert you to which neighborhoods are "hot" and call for prompt action and some that are "cool" and allow for thoughtful examination.

When we tour homes, I'll be sure to tell you when the asking price has room for negotiation and also when I know the home is "priced to sell." When working with an agent, be on guard and make sure you ask plenty of questions, as every REALTOR in Bucklin will claim to understand the market. If it appears they don't know everything, contact me at 6208265032 or e-mail me at , and I'll be happy to answer your questions. My market expertise will keep you a step ahead through the entire process.

Step 5 – Find the home of your dreams
I'm confident we'll find your dream home in the Bucklin area. When we do, I'll carefully create your real estate purchase offer. The offer will be made to suit your needs and the home. We'll include several contingencies, such as obtaining financing, completing the inspection, and a clear title.

Upon sending in your offer, you'll want to present "earnest money." This is a cash deposit given to the seller to secure an offer to buy the property and is often applied to the cost of closing. If the seller accepts the offer, we should close on the property about 30 to 60 days after. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals don't close on the beginning offer. It's extremely common to receive a counter offer. Don't let it discourage you. We'll consider whether or not to take the counter offer, propose our own counter offer, or refuse the seller's offer and go on.

Market conditions determine how aggressively we negotiate the contract. In addition, we'll work within your budget. And at the end of the day, we'll create a deal that's best for you.

Step 7 – Get a loan
After we sign the final sales contract, you'll begin working with your lender to close the loan. If you've been pre-qualified, it shouldn't take very long at all. But you should to stay in close contact with your lender. And I'll handle all the property information your lender needs to close the loan.

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

Then we'll close on your house. This will most likely occur at a title company or escrow office and will most often be a smooth and pleasant event.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, be sure to contact me at 6208265032 or e-mail me at .

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