Buying or selling a home in Davie? Unicasa International USA Realty can help.
For a lot of people, buying a home is a stressful event. However, with some planning ahead of time, it's not too hard.
I like to supply buyers with an overview of the entire deal so they'll know exactly what to expect.
Below are my nine steps to purchasing a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm happy to address questions you have about this information.
Step 1 – Prepare to buy a home
Before you begin looking for a home, there are plenty of things you'll want to consider.
When you begin your search, you'll want to form a check list of items you need, get an idea of what school districts and neighborhoods you'd like to live in, and begin planning your budget.
Keeping your mortgage payment less than or around 1/3 of your monthly income is a good principle to go by.
Step 2 – Connect with a real estate agent in Davie
This is where I can help.
We'll set up a time to get together so we can talk about why you want to buy a home and get an idea of your upcoming plans.
We'll discuss everything from neighborhoods, schools 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 begin the loan process.
There are some excellent mortgage professionals in Davie, and I partner with a lot of them, so you'll be in great hands.
They'll assist you with deciding which type of loan is best for you and help you get qualified.
Step 3 – Begin house hunting
After we meet, I'll begin searching for available homes on the market that are great for you.
I'll get a sneak peek of most of the houses and remove the bad ones, and then we'll schedule appointments to tour the houses when it's convenient for you.
When we view houses, I'll show you the positive features, as well as negative ones. I'll even ask you about things you like and don't like.
Frequently, buyers amend their must-have list as we tour homes and some features become far more essential than others.
If such is the case, I'll go back through all the listings once more and trim it down to the house you've been waiting for.
Step 4 – Know the housing market
An agent's knowledge of the Davie market is an imperative factor in your home search. And I can assure you I'm acquainted with all the neighborhoods and school districts, and I can alert you to certain neighborhoods are "hot" and demand prompt action and others that are "cold" and allow for careful consideration.
When we view houses, I'll be sure to tell you 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, as every real estate agent in Davie will claim to understand the home market.
If things don't add up, just call me at (954) 598-0700 or e-mail me at , and I'd be glad to answer any questions you may have. My market knowledge will help you stay a step above the rest throughout the entire process.
Step 5 – Find the home you've been waiting for
We'll find the home of your dreams in the Davie area, and when that happens, I'll meticulously develop your real estate purchase offer. The offer will be tailored with your needs in mind and the home, including many contingencies. A few examples are acquiring financing, finishing the home inspection, and a clean title.
Upon turning in your offer, you'll likely need to present "earnest money." This is a cash deposit made to a home seller to secure an offer to purchase the property and is usually put towards the cost of closing. If your offer is accepted, we should close on the property within 30 to 60 days afterward. This allows enough time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most deals aren't closed on the initial offer. It's extremely common to receive a counter offer. But don't let it intimidate you. We'll discuss whether or not to consent to the counter offer, submit our own counter offer, or decline the seller's offer and go on.
Market circumstances will play a role in 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 assemble a contract that is best for you.
Step 7 – Secure a loan
Once the contract is complete, you'll start working with your lender to close the loan.
If you're already pre-approved, it won't take long at all. However, you need to keep in close contact with your mortgage lender.
And I'll care for all the property information your lender will need to close the loan.
Step 8 – Close the deal
Your lender will supply you with a Loan Estimate (LE) outlining closing costs within three days of accepting your application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of taking your loan application.
This estimate is based on the loan amount. RESPA requirements require that it has to contain all closing costs and fall within a precise range of accuracy, and I'll examine the estimate and let you know if everything looks okay.
Then it's time to close on your home. This will probably happen at a title company or escrow office and will most often be a smooth and easygoing affair.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, be sure to contact me at (954) 598-0700 or e-mail me at .