Let Provident Realty Group assist you with purchasing your new home in Dublin
With a little up-front planning, buying a home isn't too complex, but the event intimidates a lot of people.
I like to give buyers an overview of the entire deal so they'll know exactly what to expect.
These 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 glad to answer any questions you have about this information.
Step 1 – Get ready to purchase
There are many things you'll want to consider prior to commencing your home search.
When you start your search, you'll want to form a list of items you want to have, get a feeling for what school districts you want to live in, and start planning around your budget.
A good principle to adhere to is that your mortgage payment should be close to 30 percent of your net monthly income.
Step 2 – Talk to a real estate agent in Dublin
This is where Provident Realty Group can help.
We'll arrange a time to meet so we can talk about your real estate needs and get an idea of your plans for the future.
We'll discuss 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 Dublin area.
I'll also help you get started on your loan.
I work with some of the finest mortgage professionals in Dublin, so you'll be in great hands.
They'll help you choose which kind of loan is best for you, as well as help you get approved.
Step 3 – Start looking for a home
After we meet, I'll start searching for houses on the market that are good for you.
I'll get a sneak peek of most of the homes and throw out the bad ones, and then we'll book appointments to tour the homes at a time that's convenient for you.
As we view the houses, I'll call attention to good features, as well as negative ones. I'll also ask you to point out what things you like and don't like.
Oftentimes, buyers revise their must-have list as we view houses and some things become far more substantial than others.
If that's the case, I'll look through all the listings another time and narrow it down to the house of your dreams.
Step 4 – Get a grasp of the housing market
My awareness of the Dublin market is an imperative component in your home search. I am familiar with all the neighborhoods and school districts, and I'll alert you to certain neighborhoods are "hot" and require prompt action and some that are "cool" and allow for thoughtful analysis.
As we view homes, I'll make sure to communicate when the list price has room for negotiation and also when I believe the house is "priced to sell."
When working with an agent, be mindful and make sure you ask lots of questions. Any real estate agent will convince you they comprehend the market.
If things don't add up, contact me at 9259999531 or e-mail me at , and I'd be happy to answer your questions. My market knowledge will keep you a step above the rest through the entire deal.
Step 5 – Find the home you've been waiting for
I'm confident we'll find the house of your dreams in the Dublin area. When we do, I'll thoroughly develop your purchase offer. The offer will be tailored with your needs in mind and the home, including several contingencies, such as obtaining financing, completing the inspection, and a clean title.
Upon sending in your offer, you'll likely want to submit "earnest money." This is a cash deposit submitted to the home seller to secure the offer to purchase the property and is most often put towards the closing costs. If the seller accepts the offer, we should close about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate the deal
Unfortunately most deals don't close on the first offer. It's extremely common to receive a counter offer. But don't let this intimidate you. We'll figure out whether or not to accept the counter offer, propose our own counter offer, or reject the seller's offer and go on.
Market circumstances determine how aggressively we negotiate the contract.
In addition, we'll work within your financing budget. And when it's all said and done, we'll assemble a deal that's best for you.
Step 7 – Obtain a loan
Once we sign the final contract, you'll start working with your lender to close the loan.
It won't take long at all if you've been pre-qualified, but you need to keep in close contact with your lender.
And I'll take care of all the property information your lender will need to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of receiving your application.
This estimate is based on the loan amount, and RESPA requirements mandate that it has to involve all closing costs and be within a tight range of accuracy. I'll go over the estimate and let you know if everything looks okay.
Then it's time to close on your house. This should take place at a title company or escrow office and will likely be a smooth and hassle-free affair.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, just contact me at 9259999531 or e-mail me at .