Buying a new home in Davie?

For most people, purchasing a home can be an intimidating event. However, with a bit of planning ahead of time, it isn't very hard. So they know exactly what to expect, I like to provide buyers with an outline of the entire deal. Below are my nine steps to buying a home. Should you have questions regarding any of this information or if you're ready to get started, just contact me here or e-mail me at .

Step 1 – Get ready to purchase
There are many things you should take into account before commencing your home search. You'll probably want to put together a list of features you need to have, get an idea of what school districts and neighborhoods you'd like to live in, and begin working on your budget. A good principle to go by is that your mortgage payment should be less than or around 30 percent of your monthly income.

Step 2 – Get in touch with a real estate agent
That's where I come in. I'd like to set up a time to meet with you and communicate with you regarding your real estate needs and get an idea of your plans for the future. We'll talk about the mortgage and housing industries, other economic factors that could affect your buying decision today or in the future, as well as neighborhoods and schools in the Davie area.

I'll also assist you with getting started on your loan. Unicasa International USA Realty works with some of Davie's finest mortgage professionals, so you can rest assured that you're in great hands. They can assist you in determining which type of loan is best for you and help you get qualified.

Step 3 – Start looking for a house
After we meet for the first time, I'll start looking for homes on the market that are good for you. I'll preview many of the homes and exclude the bad ones, and then we'll set up appointments to view the homes at a time that's convenient for you.

When we view the houses, I'll show you the good features and bad ones. I'll also ask you to point out what things you like and don't like. As a rule, buyers amend their list of must-haves as we view houses and some things become far more important than others. If that's the situation, I'll go back through the listings another time and narrow it down to the house of your dreams.

Step 4 – Understand the housing market
My awareness of the Davie market is a leading aspect in your house search. I am acquainted with all the neighborhoods and schools, and I will communicate what neighborhoods are "hot" and require immediate action and some that are "cool" and allow for thoughtful examination.

As we tour houses, I'll be sure to tell you if the seller's asking price has room for bargaining or if I believe the home is "priced to sell." Any REALTOR in Davie will tell you they understand the housing market, but be on guard, and make sure you ask your agent plenty of questions. 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 might have. My understanding of the market will keep you a step above the rest through the entire deal.

Step 5 – Find the house you've been looking for
I'm sure we'll find the home of your dreams in the Davie area. When we do, I'll carefully create your home purchase offer. The offer will be made to fit your needs and the home. We'll include a lot of contingencies, such as getting financing, carrying out the inspection, and a clean title.

Upon turning in your purchase offer, most likely you'll need to submit "earnest money." This is a cash deposit given to a seller to secure an offer to buy the property, and it's often put towards the cost of closing. If your offer is accepted, we should close on the property about 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals aren't closed on the first offer. It's extremely common to receive a counter offer. Don't let this alarm you. We'll figure out whether or not to take the counter offer, propose our own counter offer, or decline the seller's offer and go on.

The state of the market will play a big part in how aggressively we negotiate the contract. We'll also work within your budget. And when it's all said and done, we'll assemble a contract that's best for you.

Step 7 – Secure a loan
Once we sign the final sales contract, you'll start working with your lender to close the loan. If you've been pre-approved, it shouldn't take much time at all, but you'll want to keep in close contact with your mortgage 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) outlining closing costs from your lender within three days of getting your loan application. This estimate is formed from the loan amount. RESPA requirements dictate that it has to include all closing costs and fall within a precise range of accuracy, and I'll go over the estimate and let you know if everything looks all right.

Then we'll close on your house. This should occur at a title company or escrow office and is often a smooth and easygoing occasion.

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you have any questions, make sure you call me at (954) 598-0700 or e-mail me at .