Buying or selling a home in Kennesaw?
For many people, buying a home can be a stressful event. But with a bit of planning ahead of time, it isn't too hard.
I like to furnish buyers with a road map of the whole deal so they'll understand exactly what to expect.
These are my nine steps to buying a home.
If you have any questions about this information or if you're prepared to get started, simply contact me here or send e-mail to firstname.lastname@example.org
Step 1 – Prepare to buy a home
There are a lot of things you'll want to contemplate before you start searching for a home.
When you start your search, you'll probably want to put together a check list of features you want, get an idea of what school districts you want to live in, and start planning your budget.
Ensuring your mortgage payment is less than 1/3 of your monthly income is a good principle to adhere to.
Step 2 – Get in touch with a real estate agent
That's where I can help.
I'd be happy to set up a time to meet with you and communicate with you regarding your real estate needs and get an idea of your future plans.
We'll talk about neighborhoods, school districts in the Kennesaw area, the mortgage industry, and any other economic factors that could affect your purchase today or in the future.
I'll also help you facilitate the loan process.
I partner with some of the finest mortgage professionals in Kennesaw, so you'll be in great hands.
They'll help you decide which type of loan is best for you, as well as help you get approved.
Step 3 – Start your search
After our initial meeting, I'll begin looking for available homes on the market that are a good fit for you.
I'll get a sneak peek of most of the houses and reject the duds, and then we'll set up appointments to view the houses when it's most convenient for you.
When we view houses, I'll call attention to positive features, as well as bad ones. I'll even ask you to tell me about things you like and don't like.
Oftentimes, buyers change their wish list as we view houses and some items become far more necessary than others.
If such is the case, I'll search all the listings once more and trim it down to the home you've been dreaming about.
Step 4 – Know the market
My knowledge of the Kennesaw market is a fundamental benefit in your house search. I'm mindful of all the neighborhoods and schools, and I will communicate some neighborhoods are "hot" and demand prompt action and the rest that are "cool" and allow for more consideration.
When we view homes, I'll let you know when the seller's list price has room for negotiation and also when I believe the home is "priced to sell."
Be careful and make sure you ask your agent a lot of questions, as any REALTOR® will tell you they truly know the home market.
If things don't add up, call me at (678) 388-1110 or e-mail me at email@example.com, and I'd be happy to answer any questions you have. My knowledge of the market will help you stay a step above the rest throughout the entire deal.
Step 5 – Find the house you've been looking for
I know we'll find your dream house in Kennesaw, and when we do, I'll meticulously create your home purchase offer. The offer will be made exactly to your needs. 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 sending in your purchase offer, you'll likely want to present "earnest money." This is a cash deposit submitted to a seller to secure the offer to buy the property. The amount is usually applied to the cost of closing. If the offer is accepted by the seller, we should close on the property within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of deals don't close on the first offer – it's widely common to receive a counter offer. Don't let this alarm you. We'll figure out whether or not to agree to the counter offer, submit our own counter offer, or refuse the seller's offer and go on.
How aggressively we negotiate the deal depends on the state of the market.
We'll also work within your budget. And at the end of the day, we'll compose a deal that's best for you.
Step 7 – Get a loan
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan.
This won't take very long at all if you've been pre-approved, but you need to stay in close contact with your lender.
And I'll handle all the property information your lender needs to close the loan.>
Step 8 – Close the deal
You'll get a Good Faith Estimate (GFE) detailing your closing costs from your lender within three days of accepting your loan application.
This estimate depends on the loan amount. RESPA requirements mandate that it has to include all closing costs and fall within a close range of accuracy, and I'll review the estimate and let you know if it all looks good.
Then we'll close on your home. This will probably take place at a title company or escrow office and will most often be a smooth and relaxed occurrence.
Step 9 – Move in
You made it! It's time to move into your new home. Enjoy it. And if you have any questions, be sure to contact me at (678) 388-1110 or send me an e-mail.