Are you contemplating buying your home in Davie? Unicasa International USA Realty can help.
With a little planning ahead of time, purchasing a home isn't all that confusing, but the event intimidates many people.
So they'll understand exactly what they can expect, I like to furnish buyers with an overview of the whole deal.
These are my nine steps to purchasing a home.
Should you have any questions regarding any of this information or if you're prepared to get started, you can contact me here or e-mail me at .
Step 1 – Prepare to buy
There are several things you'll want to take into account prior to starting your home search.
When you start your search, you'll probably want to put together a check list of items you need, get a feeling for what school districts and neighborhoods you'd like to live in, and begin planning your budget.
Ensuring your mortgage payment is less than or around 1/3 of your monthly income is a good guideline to follow.
Step 2 – Get in touch with a real estate agent in Davie
That's where I come in.
We can set up a time to get together so we can talk about your real estate needs and get an idea of your future plans.
We'll talk about everything from neighborhoods, schools in the Davie area, the mortgage and housing industries, to any other economic factors that might affect your buying decision today or in the future.
I can also help you begin the loan process.
There are some excellent mortgage professionals in Davie, and I work with a lot of them, so you're in great hands.
They'll assist you in deciding which kind of loan is best for you and help you get qualified.
Step 3 – Start looking for a home
After we meet for the first time, I'll begin looking for homes on the market that are a good fit for you.
I'll get a sneak peek of many of the homes and throw out the bad ones, and then we'll schedule appointments to tour the homes when it's most convenient for you.
As we view the homes, I'll show you the good features, as well as negative ones. I'll even ask you what things you like and dislike.
Most often, buyers change their must-have list as we view homes and some items become more substantial than others.
If that's the case, I'll go back through all the listings once more and narrow it down to the home you've been dreaming about.
Step 4 – Understand the housing market
My knowledge of the Davie market is a necessary agent in your home search. I am informed of all the neighborhoods and schools, and I'll let you know which districts are "hot" and call for immediate action and others that are "cool" and allow for thoughtful examination.
As we view homes, I'll make sure to communicate if the asking price has room for negotiation or if I believe the house is "priced to sell."
When working with an agent, be careful and be sure to ask plenty of questions, as any REALTOR in Davie will claim to comprehend the market.
If things don't add up, just call me at (954) 598-0700 or e-mail me at , and I'll be glad to answer any questions you may have. My market expertise will help you stay a step ahead through the entire process.
Step 5 – Find the home of your dreams
I'm positive we'll find your dream house in the Davie area. When that happens, I'll carefully create your real estate purchase offer. The offer will be tailored to suit your needs and the home, including several contingencies. A few examples are acquiring financing, completing the home inspection, and a clear title.
Upon sending in your purchase offer, you'll want to submit "earnest money." This is a cash deposit submitted to a home seller to secure the offer to purchase the property, and it's typically put towards the cost of closing. If the offer is accepted by the seller, we should close about 30 to 60 days after. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of contracts don't close on the first offer, and it's really common to receive a counter offer. But don't let it intimidate you. We'll talk about whether or not to accept the counter offer, submit our own counter offer, or decline the seller's offer and move on.
Market conditions 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 create a contract that works well for you.
Step 7 – Get financing
Once we sign the final deal, you'll start working with your mortgage lender to close the loan.
If you've been pre-qualified, this shouldn't take much time at all, but you'll want to keep 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
Your lender will furnish you with a Loan Estimate (LE) detailing your closing costs within three days of getting your loan application. You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of accepting your application.
The estimate depends on the loan amount, and RESPA requirements order that it has to involve all closing costs and be within a strict range of accuracy. I'll analyze the estimate and let you know if everything looks adequate.
Then we'll close on your home. This will likely occur at a title company or escrow office and should be a smooth and stress-free affair.
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, be sure to call me at (954) 598-0700 or e-mail me at .