Let Unicasa International USA Realty assist you in buying a home in Davie
For a lot of people, buying a home can be a stressful event. However, with some up-front planning, it's not that complicated.
I like to provide buyers with an overview of the whole deal so they know exactly what to expect.
These are my nine steps to purchasing a home.
If you have questions regarding any of this information or if you're ready to get started, you can contact me here or e-mail me at .
Step 1 – Get ready to buy a home
Before you commence your home search, there are several things you should contemplate.
When you begin your search, you'll want to create an outline of must-haves, get an idea of what neighborhoods you want to live in, and begin planning around your budget.
A good principle to go by is that your mortgage payment should be around 30 percent of your monthly income.
Step 2 – Communicate with a real estate agent in Davie
That's where I come in.
We'll book a time to meet so we can talk about your real estate needs and get an idea of your plans for the future.
We'll talk about everything from neighborhoods, school districts in the Davie area, the mortgage industry, to any other economic factors that may potentially affect your buying decision today or in the future.
In addition, I'll help you start the loan process.
I partner with some of Davie's best mortgage professionals, so you can rest assured that you're in great hands.
They can help you choose which kind of loan is best for you, as well as help you get qualified.
Step 3 – Begin looking for a house
Following our first meeting, I'll begin looking for homes on the market that meet your needs.
I'll get a sneak peek of many of the homes and eliminate the duds, and then we'll set up appointments to tour the houses whenever it's most convenient for you.
When we view homes, I'll point out good features and negative ones. And I'll ask you to tell us about things you like and don't like.
It's pretty common for buyers to update their must-have list as we tour homes and some things become more important than others.
If that's the situation, I'll go back through the listings one more time and narrow it down to the home you've been wishing for.
Step 4 – Get a grasp of the market
Your agent's understanding of the Davie market is a fundamental aspect in your house search. And I assure you I'm informed of all the schools and neighborhoods, and I will communicate what areas are "hot" and demand prompt action and the ones that are "cool" and allow for more analysis.
As we view houses, I'll make sure to communicate if the seller's list price has room for bargaining or if I believe the home is "priced to sell."
Any real estate agent will tell you they comprehend the housing market, but take notice, and be sure to ask your agent lots of questions.
If it appears they don't know everything, call me at (954) 598-0700 or e-mail me at , and I'd be happy to answer any questions you may have. My understanding of the market will help you stay a step above the rest throughout the entire process.
Step 5 – Find the house of your dreams
We'll find your dream house in Davie, and when we do, I'll thoroughly create your purchase offer. The offer will be tailored with your needs in mind and the home, including several contingencies, such as obtaining financing, finishing the inspection, and a clean title.
When we turn in your purchase offer, you'll need to submit "earnest money." This is a cash deposit given to a home seller to secure the offer to purchase the property. The amount is typically put towards the cost of closing. If your offer is accepted, we should close about 30 to 60 days after. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most contracts aren't closed on the beginning offer – it's widely common to receive a counter offer. But don't let it discourage you. We'll talk about whether or not to agree to the counter offer, submit our own counter offer, or refuse the seller's offer and go on.
Market circumstances determine how aggressively we negotiate the deal.
In addition, we'll work within your financing budget. And when it's all said and done, we'll compose a contract that's best for you.
Step 7 – Get a loan
After we sign the final deal, you'll start working with your lender to close the loan.
If you're already pre-approved, this won't be a long process at all, but you need to stay in close contact with your mortgage lender.
And I'll look after all the property information your mortgage lender will need to close the loan.
Step 8 – Close the deal
Your mortgage lender will give you a Loan Estimate (LE) outlining closing costs within three days of getting your application. You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of getting your loan application.
This estimate rests on the loan amount, and RESPA requirements dictate that it has to involve all closing costs and be within a precise range of accuracy. I'll examine the estimate and let you know if everything looks adequate.
Then we'll close on your house. This will probably happen at a title company or escrow office and will most often be a smooth and hassle-free occasion.
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, make sure you call me at (954) 598-0700 or e-mail me at .