Buying or selling a home in Dublin?
Purchasing a home can be stressful for most people. However, with a bit of up-front planning, it isn't very hard.
So they'll understand exactly what to expect, I'll furnish buyers with a road map of the whole deal.
Below are my nine steps to buying a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm happy to address any questions you have regarding this information.
Step 1 – Get ready to purchase a home
There are many things you should contemplate before you start searching for a home.
When you start your search, you'll probably want to assemble an outline of must-have features, plan for what neighborhoods you'd like to live in, and begin planning around your budget.
A good principle to go by is that your mortgage payment should be close to a third of your net monthly income.
Step 2 – Get in touch with a real estate agent in Dublin
That's where I come in.
I'd love to arrange a time to get together with you and speak with you about why you want to buy a home and get an idea of your upcoming plans.
We'll discuss neighborhoods, schools in the Dublin area, the mortgage and housing industries, and any additional economic factors that could potentially affect your purchase today or in the future.
I'll also help you start the loan process.
I work with some of Dublin's finest mortgage professionals, so you can rest assured that you're in great hands.
They will assist you with figuring out which type of loan is best for you and help you get approved.
Step 3 – Begin your home search
After we meet, I'll start searching for available houses on the market that meet your needs.
I'll preview most of the homes and ignore the duds, and then we'll schedule appointments to view the homes when it's most convenient for you.
When we tour houses, I'll show you the positive features and bad ones. I'll even ask you to tell us about things you like and dislike.
It's widely common for buyers to update their wish list as we tour houses and some things become far more necessary than others.
If that's the case, I'll go back through the listings another time and narrow it down to the house you've been waiting for.
Step 4 – Understand the market
My understanding of the Dublin market is an imperative aspect in your home search. I'm conscious of all the schools and neighborhoods, and I will let you know which districts are "hot" and call for prompt action and the ones that are "cold" and allow for more analysis.
When we tour homes, I'll be sure to tell you when the seller's list price has room for negotiation and when I believe the home is "priced to sell."
Any REALTOR will claim to truly understand the market, but be mindful, and make sure you ask plenty of questions.
If it appears they don't know everything, just call me at 9259999531 or e-mail me at , and I'll be more than happy to answer any questions you may have. My market knowledge will keep you a step ahead throughout the entire process.
Step 5 – Find the home of your dreams
We'll find the house of your dreams in the Dublin area, and when that happens, I'll carefully create your purchase offer. The offer will be tailored keeping your needs in mind and the home, including some contingencies, such as acquiring financing, carrying out the home inspection, and a clean title.
When presenting your offer, most likely you'll need to submit "earnest money." This is a cash deposit submitted to a home seller to secure an offer to purchase the property. The amount is most often put towards the cost of closing. If your offer is accepted by the seller, we should close on the home about 30 to 60 days after. This allows ample time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most contracts aren't closed on the initial offer – it's very common to receive a counter offer. But don't let this discourage you. We'll discuss whether or not to take the counter offer, propose our own counter offer, or refuse the seller's offer and move on.
How aggressively we negotiate the deal depends on the state of the market.
In addition, we'll work within your financing constraints. And at the end of the day, we'll assemble a deal that works well for you.
Step 7 – Secure a loan
After we sign the final contract, you'll begin working with your mortgage lender to close the loan.
If you're already pre-approved, this shouldn't take long at all. However, you should to stay in close contact with your mortgage lender.
And I'll care for 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 Loan Estimate (LE) detailing your closing costs within three days of taking your application. You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of getting your loan application.
The estimate rests on the loan amount. RESPA requirements dictate that it has to contain all closing costs and fall within a narrow range of accuracy, and I'll examine the estimate and let you know if everything looks good.
Then we'll close on your house. This will likely occur at a title company or escrow office and will probably be a smooth and hassle-free affair.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything, simply call me at 9259999531 or e-mail me at .