Buying a home in Davie with Unicasa International USA Realty
Buying a home can be stressful for most people. However, with a bit of planning ahead of time, it's not very complicated.
I like to provide buyers with an outline of the whole deal so they'll know exactly what to expect.
These are my nine steps to buying a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm glad to address any questions you have about this information.
Step 1 – Prepare to buy a home
Before you begin looking for a home, there are a lot of things you should do.
You'll most likely want to make an outline of items you want, get a feeling for what school districts you want to live in, and start planning your budget.
Keeping your mortgage payment less than a third of your net monthly income is a good principle to follow.
Step 2 – Connect with a real estate agent
This is where I can help.
I'd love to book a time to get together with you and talk about your real estate needs and get an idea of your upcoming plans.
We'll discuss the mortgage and housing industries, other economic factors that might affect your purchase today or in the future, as well as neighborhoods and schools in the Davie area.
I can also help you facilitate 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'll help you determine which kind of loan is best for you, as well as help you get approved.
Step 3 – Begin looking for a house
Following our first meeting, I'll start searching for houses on the market that best suit you.
I'll get a sneak peek of most of the houses and throw out the bad ones, and then we'll set up appointments to view the houses whenever it's most convenient for you.
When we view the homes, I'll point out positive features, as well as bad ones. I'll also ask you to tell us about things you like and dislike.
It's pretty common for buyers to change their wish list as we view homes and some items become far more necessary than others.
If that happens, I'll go back through the listings another time and narrow it down to the home you've been wishing for.
Step 4 – Get a grasp of the market
Your agent's awareness of the Davie market is a fundamental factor in your house search. And I assure you I'm acquainted with all the neighborhoods and school districts, and I will alert you to which neighborhoods are "hot" and warrant immediate action and some that are "cool" and allow for more analysis.
As we view homes, I'll let you know when the seller's list price has room for bargaining and when I trust the house is "priced to sell."
When working with an agent, be careful and be sure to ask a lot of questions, as any REALTOR will tell you they comprehend the home market.
If things don't add up, call me at (954) 598-0700 or e-mail me at , and I'd be more than happy to answer any questions you might have. My market expertise will keep you a step above the rest throughout the entire deal.
Step 5 – Find the house you've been looking for
I'm confident we'll find your dream house in Davie. When that happens, I'll meticulously develop your real estate purchase offer. The offer will be tailored to suit your needs and the home, including some contingencies. A few examples are acquiring financing, carrying out the inspection, and a clean title.
When we send in your offer, you'll need to present "earnest money." This is a cash deposit submitted to the seller to secure the offer to buy the property and is usually applied to the cost of closing. If the seller accepts the offer, we should close about 30 to 60 days after. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most deals aren't closed on the initial offer. It's very common to receive a counter offer. But don't let it alarm you. We'll talk about whether or not to take the counter offer, propose our own counter offer, or reject the seller's offer and move on.
The state of the market will play a role in how aggressively we negotiate the contract.
In addition, we'll work within your financing limits. And when it's all said and done, we'll create a contract that's best for you.
Step 7 – Obtain your loan
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan.
If you've been pre-approved, it won't take long at all. However, you should to stay in close contact with your lender.
And I'll take care of all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of receiving your loan application.
This estimate is based on the loan amount. RESPA requirements dictate that it has to include all closing costs and be within a strict range of accuracy, and I'll review the estimate and let you know if it all looks good.
Then we'll close on your house. This will probably take place at a title company or escrow office and will likely be a smooth and peaceful event.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, be sure to call me at (954) 598-0700 or e-mail me at .