Are you looking to buy your home in Kennesaw? REMAX Unlimited can help.
With some up-front planning, purchasing a home isn't very complex, but the event is intimidating for many people.
So you understand exactly what to expect, I like to give my buyers a road map of the whole deal.
These are my nine steps to buying a home.
If you have any questions about this information or if you're ready to get started, you can contact me here or send e-mail to email@example.com
Step 1 – Prepare to purchase
Before you begin searching for a home, there are several things you should consider.
You'll probably want to put together an index of items you want to have, get a plan of what neighborhoods and school districts you want to live in, and start planning your budget.
Keeping your mortgage payment less than 1/3 of your net monthly income is a good guideline to follow.
Step 2 – Get with a real estate agent
That's where I can help.
I'd be happy to book a time to get together with you and speak with you regarding your real estate needs and get an idea of your future plans.
We'll discuss neighborhoods, school districts in the Kennesaw area, the mortgage and housing industries, and any additional economic factors that may affect your purchase today or in the future.
I'll also help you begin the loan process.
I partner with some of the finest mortgage professionals in Kennesaw, so you're in great hands.
They will assist you in figuring out which kind of loan is best for you and help you get qualified.
Step 3 – Begin your home search
Following our initial meeting, I'll start looking for available homes on the market that best suit you.
I'll research most of the houses and eliminate the duds, and then we'll set up appointments to view the houses when it's convenient for you.
When we view the homes, I'll identify positive features and negative ones. I'll even ask you about things you like and don't like.
Usually, buyers update their wish list as we tour homes and some things become more crucial than others.
If that happens, I'll go back through all the listings once again and trim it down to the home of your dreams.
Step 4 – Understand the market
Your agent's understanding of the Kennesaw home market is an imperative component in your home search. And I can assure you I'm conscious of all the schools and neighborhoods, and I can communicate some areas are "hot" and call for immediate action and the ones that are "cool" and allow for careful examination.
As we view houses, I'll be sure to tell you if the seller's asking price has room for bargaining or if I believe the house is "priced to sell."
When working with an agent, be on guard and make sure you ask a lot of questions, as every REALTOR® will tell you they truly know the home market.
If it doesn't seem like they know everything, contact me at (678) 388-1110 or e-mail me at firstname.lastname@example.org, and I'll be glad to answer any questions you might have. My understanding of the market will help you stay a step ahead throughout the entire process.
Step 5 – Find your dream house
I'm confident we'll find your dream home in Kennesaw. When we do, I'll meticulously create your home purchase offer. The offer will be tailored with your needs in mind, including some contingencies, such as acquiring financing, completing the inspection, and a clear title.
When we submit your offer, most likely you'll need to present "earnest money." This is a cash deposit submitted to the home seller to secure the offer to buy the property. The amount is most often put towards the cost of closing. If your offer is accepted by the seller, we should close about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most contracts don't close on the initial offer, and it's very common to receive a counter offer. But don't let it alarm you. We'll consider whether or not to agree to the counter offer, present our own counter offer, or refuse the seller's offer and move on.
Market conditions will play a vital role in how aggressively we negotiate the contract.
In addition, we'll work within your financing constraints. And at the end of the day, we'll assemble a deal that's best for you.
Step 7 – Get financing
After we sign the final sales contract, you'll begin working with your lender to close the loan.
It shouldn't take much time at all if you're pre-approved, but you should to keep in close contact with your lender.
And I'll deal with all the property information your mortgage lender will need to close the loan.>
Step 8 – Close the deal
Your mortgage lender will send you a Good Faith Estimate (GFE) detailing closing costs within three days of accepting your application.
This estimate is formed from the loan amount, and RESPA requirements mandate that it has to contain all closing costs and be within a close range of accuracy. I'll examine the estimate and let you know if it all looks adequate.
Then it's time to close on your house. This will most likely occur at a title company or escrow office and will likely be a smooth and relaxed event.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, simply contact me at (678) 388-1110 or send me an e-mail.