Let REMAX Unlimited help you with buying a home in Kennesaw
Purchasing a home is an intimidating event for many people, but with a little planning ahead of time, it's not too complex.
I like to give buyers a road map of the entire deal so they know exactly what to expect.
These are my nine steps to buying a home.
If you have questions regarding this information or if you're ready to get started, just contact me here or send e-mail to email@example.com
Step 1 – Get ready to purchase a home
There are many things you should do before beginning your home search.
When you begin your search, you'll want to assemble an index of items you need to have, get a plan of what school districts and neighborhoods you want to live in, and begin planning your budget.
Keeping your mortgage payment less than a third of your net monthly income is a good guideline to adhere to.
Step 2 – Get in touch with a real estate agent
This is where REMAX Unlimited can help.
I'd be more than happy to plan a time to meet with you and talk about your real estate needs and get an idea of your upcoming plans.
We'll discuss everything from neighborhoods, schools in the Kennesaw area, the mortgage industry, to any other economic factors that might affect your buying decision today or in the future.
I can also help you start the loan process.
I work with some of the best mortgage professionals in Kennesaw, so you'll be in great hands.
They'll help you determine which type of loan is best for you, as well as help you get approved.
Step 3 – Start your home search
After our first meeting, I'll start searching for homes on the market that meet your needs.
I'll preview most of the homes and eliminate the duds, and then we'll book appointments to view the houses whenever it's convenient for you.
When we view the homes, I'll point out positive features, as well as negative ones. And I'll ask you to tell me about things you like and don't like.
Frequently, buyers change their must-have list as we tour homes and some things become more crucial than others.
If that happens, I'll go back through the listings again and trim it down to the house you've been dreaming about.
Step 4 – Know the housing market
My awareness of the Kennesaw housing market is a fundamental benefit in your house search. I'm familiar with all the schools and neighborhoods, and I'll communicate which neighborhoods are "hot" and call for prompt action and the rest that are "cold" and allow for thoughtful examination.
When we tour houses, I'll be sure to tell you if the seller's list price has room for negotiation or if I believe the home is "priced to sell."
Be on guard and be sure to ask your agent plenty of questions, as any REALTOR® in Kennesaw will claim to truly understand the home market.
If things don't add up, contact me at (678) 388-1110 or e-mail me at firstname.lastname@example.org, and I'd be glad to answer any questions you may have. My understanding of the market will help you stay a step ahead through the entire deal.
Step 5 – Find your dream house
I'm certain we'll find the house of your dreams in Kennesaw, and when we do, I'll carefully develop your real estate purchase offer. The offer will be written keeping your needs in mind. Whenever necessary, I never forget to make contracts contingent upon items like your ability to secure financing and the results of the home inspection.
Upon presenting your purchase offer, you'll likely need to present "earnest money." This is a cash deposit submitted to the home seller to secure an offer to purchase the property. The amount is often applied to the cost of closing. If your offer is accepted by the seller, we should close about 30 to 60 days after. This allows ample time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most contracts aren't closed on the initial offer. It's very common to receive a counter offer. But don't let this intimidate you. We'll discuss whether or not to consent to the counter offer, present our own counter offer, or decline the seller's offer and go on.
Market conditions determine how aggressively we negotiate the contract.
We'll also work within your financing budget. And at the end of the day, we'll formulate a contract that is best for you.
Step 7 – Secure a loan
Upon completion of the contract, you'll begin working with your mortgage lender to close the loan.
If you've been pre-approved, it shouldn't take long at all, but you need to stay in close contact with your lender.
And I'll handle all the property information your lender will need to close the loan.>
Step 8 – Close the deal
You'll get a Good Faith Estimate (GFE) outlining your closing costs from your mortgage lender within three days of getting your application.
This estimate is formed from the loan amount, and RESPA requirements order that it has to include all closing costs and be within a strict range of accuracy. I'll analyze the estimate and let you know if everything looks okay.
Then it's time to close on your home. This will most likely happen at a title company or escrow office and will most likely be a smooth and calm occasion.
Step 9 – Move in
You made it! It's time to move into your new home. Enjoy it. And if you need anything, make sure you call me at (678) 388-1110 or send me an e-mail.