Contemplating purchasing a home in Davie? Unicasa International USA Realty can help.
Purchasing a home can be stressful for a lot of people. However, with a bit of up-front planning, it's not all that hard.
I like to supply buyers with an outline of the entire deal so they know exactly what to expect.
Below are my nine steps to purchasing a home.
When you're ready to get started, just contact me here or e-mail me at . I'm happy to address any questions you have regarding this information.
Step 1 – Prepare to buy a home
Before you begin searching for a home, there are many things you should do.
You'll probably want to put together an index of items you want, get a plan of what neighborhoods and school districts you'd like to live in, and begin planning around your budget.
Keeping your mortgage payment less than or around 1/3 of your net monthly income is a good rule to follow.
Step 2 – Communicate with a real estate agent
This is where Unicasa International USA Realty can help.
We can arrange a time to get together so we can talk about your real estate needs and get an idea of your future plans.
We'll discuss everything from neighborhoods, school districts in the Davie area, the mortgage and housing industries, to any other economic factors that might affect your purchase today or in the future.
I can also help you start the loan process.
Unicasa International USA Realty works with some of the finest mortgage professionals in Davie, so you'll be in great hands.
They'll assist you in choosing which kind of loan is best for you and help you get qualified.
Step 3 – Start your search
After our initial meeting, I'll start looking for available homes on the market that meet your needs.
I'll preview many of the houses and throw out the duds, and then we'll schedule appointments to view the homes whenever it's most convenient for you.
As we tour houses, I'll identify positive features and bad ones. I'll even ask you what things you like and don't like.
It's pretty common for buyers to revise their wish list as we tour homes and some features become far more substantial than others.
If that's the situation, I'll go back through the listings once again and narrow it down to the home you've been waiting for.
Step 4 – Get a grasp of the market
My awareness of the Davie market is a leading element in your home search. I am informed of all the school districts and neighborhoods, and I will let you know which neighborhoods are "hot" and demand immediate action and others that are "cold" and allow for more examination.
As we tour houses, I'll make sure to communicate if the asking price has room for bargaining or if I believe the house is "priced to sell."
When working with an agent, trust your instincts and make sure you ask plenty of questions. Any REALTOR will convince you they truly know the housing market.
If things don't add up, just call me at (954) 598-0700 or e-mail me at , and I'd be more than happy to answer any questions you may have. My market expertise will help you stay a step ahead throughout the entire deal.
Step 5 – Find the house you've been looking for
I know we'll find the home of your dreams in the Davie area. When we do, I'll carefully create your purchase offer. The offer will be tailored exactly to your needs and the home, including several contingencies, such as acquiring financing, finishing the inspection, and a clean title.
Upon turning in your offer, you'll want to submit "earnest money." This is a cash deposit given to a seller to secure an offer to purchase the property and is typically put towards the cost of closing. If the offer is accepted by the seller, we should close on the home about 30 to 60 days after. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of contracts aren't closed on the beginning offer. It's very common to receive a counter offer. But don't let this intimidate you. We'll discuss whether or not to accept the counter offer, present our own counter offer, or reject the seller's offer and go on.
The state of the market determines how aggressively we negotiate the contract.
In addition, we'll work within your financing constraints. And at the end of the day, we'll compose a deal that works well for you.
Step 7 – Get your loan
Once we sign the final sales contract, you'll start working with your lender to close the loan.
If you're pre-qualified, it shouldn't take much time at all, but you need to stay in close contact with your lender.
And I'll manage all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your mortgage lender will furnish you with a Loan Estimate (LE) detailing your closing costs within three days of receiving your application. You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of receiving your application.
The estimate depends on the loan amount, and RESPA requirements dictate that it has to include all closing costs and fall within a narrow range of accuracy. I'll examine the estimate and let you know if it all looks good.
Then we'll close on your home. This will likely occur at a title company or escrow office and will most often be a smooth and easygoing 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 (954) 598-0700 or e-mail me at .