Let Unicasa International USA Realty assist you with buying your new home in Davie
Buying a home is stressful for a lot of people, but with a bit of planning ahead of time, it isn't that complex.
I like to give buyers a road map of the whole deal so they know exactly what they can expect.
These are my nine steps to purchasing a home.
Should you have any questions about this information or if you're ready to get started, just contact me here or e-mail me at .
Step 1 – Prepare to purchase
There are a lot of things you need to consider before commencing your home search.
You'll want to create an outline of features you want, plan for what school districts and neighborhoods you'd like to live in, and start planning around your budget.
Keeping your mortgage payment around 1/3 of your monthly income is a good rule to follow.
Step 2 – Communicate with a real estate agent in Davie
This is where I come in.
I'd love to schedule a time to get together with you and speak with you regarding your real estate needs and get an idea of your upcoming plans.
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 purchase today or in the future.
I can also assist you in getting started on your loan.
There are some very good mortgage professionals in Davie, and I partner with a lot of them, so you can rest assured that you're in great hands.
They'll help you decide which kind of loan is best for you, as well as help you get qualified.
Step 3 – Begin looking for a home
Following our first meeting, I'll start looking for available houses on the market that meet your needs.
I'll preview many of the houses and throw out the bad ones, and then we'll schedule appointments to view the houses at a time that's convenient for you.
When we view homes, I'll identify positive features and bad ones. I'll also ask you to tell us about things you like and don't like.
It's widely common for buyers to revise their wish list as we tour homes and some things become more essential than others.
If that happens, I'll go back through the listings again and trim it down to the house you've been wishing for.
Step 4 – Get a grasp of the housing market
An agent's awareness of the Davie home market is a fundamental factor in your home search. And I assure you I'm conscious of all the school districts and neighborhoods, and I'll alert you to which districts are "hot" and warrant prompt action and the ones that are "cool" and allow for careful consideration.
As we tour homes, I'll make sure to communicate when the list price has room for negotiation and when I think the house is "priced to sell."
When working with an agent, trust your instincts and make sure you ask lots of questions, as any real estate agent in Davie will convince you they know the market.
If it seems like they don't 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 understanding of the market will keep you a step ahead throughout the entire process.
Step 5 – Find your dream home
I'm confident we'll find the home of your dreams in Davie. When that happens, I'll thoroughly create your purchase offer. The offer will be tailored exactly to your needs and the home, including several contingencies, such as acquiring financing, completing the home inspection, and a clear title.
Upon submitting your offer, you'll likely want to submit "earnest money." This is a cash deposit made to the seller to secure an offer to buy the property. The amount is usually put towards 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
Unfortunately most contracts aren't closed on the beginning offer. It's really common to receive a counter offer. Don't let it alarm you. We'll discuss whether or not to agree to the counter offer, propose our own counter offer, or refuse the seller's offer and go on.
How aggressively we negotiate the contract depends on market circumstances.
We'll also work within your financing constraints. And at the end of the day, we'll assemble a contract that is best for you.
Step 7 – Obtain financing
Upon completing the contract, you'll start working with your mortgage lender to close the loan.
It won't take long at all if you're pre-qualified, but you'll want to keep in close contact with your mortgage lender.
And I'll manage all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) outlining closing costs within three days of taking your loan application. You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of taking your application.
This estimate is based on the loan amount, and RESPA requirements order that it has to include all closing costs and fall within a narrow range of accuracy. I'll analyze the estimate and let you know if it all looks all right.
Then we'll close on your home. This will likely happen at a title company or escrow office and will most often be a smooth and relaxed occasion.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, just contact me at (954) 598-0700 or e-mail me at .