Buying or selling a home? Unicasa International USA Realty can help.
With a little planning ahead of time, purchasing a home isn't too complicated, but the event is stressful for a lot of people.
I like to provide buyers with a road map of the whole deal so they know exactly what they can expect.
Below are my nine steps to purchasing a home.
Should you have 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
Before you start looking for a home, there are many things you should do.
You'll most likely want to put together an index of must-have features, get a feel for what school districts and neighborhoods you want to live in, and start planning around your budget.
Keeping your mortgage payment less than or around a third of your net monthly income is a good rule of thumb to follow.
Step 2 – Communicate with a real estate agent in Davie
That's where I can help.
We'll set up a time to get together so we can talk about your real estate needs and get an idea of your plans for the future.
We'll talk about neighborhoods, schools in the Davie area, the mortgage industry, and any additional economic factors that could affect your purchase today or in the future.
I'll also assist you in getting started on your loan.
I partner with some of the best mortgage professionals in Davie, so you'll be in great hands.
They'll help you determine which type of loan is best for you, as well as help you get approved.
Step 3 – Start house-hunting
After our first meeting, I'll begin searching for available houses on the market that suit your needs.
I'll get a sneak peek of most of the homes and exclude the bad ones, and then we'll schedule appointments to view the homes when it's convenient for you.
As we view houses, I'll show you the good features and negative ones. I'll even ask you what things you like and dislike.
It's pretty common for buyers to revise their must-have list as we tour houses and some items become far more essential than others.
If that's the case, I'll look through all the listings once more and trim it down to the house you've been dreaming about.
Step 4 – Understand the housing market
Your agent's knowledge of the Davie market is an imperative agent in your home search. And I can assure you I'm mindful of all the neighborhoods and schools, and I will alert you to some neighborhoods are "hot" and call for prompt action and the ones that are "cool" and allow for careful consideration.
When we tour houses, I'll be sure to tell you if the seller's list price has room for bargaining or if I believe the house is "priced to sell."
When working with an agent, trust your instincts and be sure to ask plenty of questions, as any REALTOR will tell you they understand the market.
If it doesn't seem like they know everything, call me at (954) 598-0700 or e-mail me at , and I'd be glad to answer any questions you might have. My market expertise will help you stay a step above the rest through the entire process.
Step 5 – Find your dream house
I'm positive we'll find your dream home in Davie. When that happens, I'll carefully create your purchase offer. The offer will be tailored to suit your needs and the home, including some contingencies. A few examples are acquiring financing, completing the home inspection, and a clear title.
When we turn in your 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, and it's most often applied to the cost of closing. If the seller accepts your offer, we should close on the property about 30 to 60 days after. This allows necessary time for your mortgage financing.
Step 6 – Negotiate the deal
Most deals don't close on the beginning offer – it's really common to receive a counter offer. Don't let this alarm you. We'll discuss whether or not to consent to the counter offer, submit our own counter offer, or refuse the seller's offer and move on.
Market circumstances determine how aggressively we negotiate the deal.
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 – Get a loan
Upon finishing the contract, you'll begin working with your mortgage lender to close the loan.
If you're already pre-qualified, this won't be a long process at all, but you'll want to keep in close contact with your lender.
And I'll deal with all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) of your closing costs from your mortgage lender within three days of taking your loan application.
The estimate rests on the loan amount, and RESPA requirements dictate that it has to involve all closing costs and fall within a narrow range of accuracy. I'll study the estimate and let you know if it all looks all right.
Then it's time to close on your house. This should take place at a title company or escrow office and will likely be a smooth and relaxed event.
Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, make sure you call me at (954) 598-0700 or e-mail me at .