Buying or selling a home? Provident Realty Group can help.
With a little planning ahead of time, buying a home isn't very confusing, but the event is intimidating for a lot of people.
So they understand exactly what they can expect, I will provide buyers with an overview of the whole deal.
These are my nine steps to purchasing a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm happy to address questions you have about this information.
Step 1 – Prepare to purchase a home
Prior to starting your home search, there are many things you should do.
When you start your search, you'll probably want to create a checklist of features you want, plan for what neighborhoods you'd like to live in, and begin working on your budget.
A good principle to go by is that your mortgage payment should be less than or around 1/3 of your net monthly income.
Step 2 – Contact a real estate agent in Dublin
This is where I can help.
I'd be happy to book a time to get together with you and speak with you regarding why you want to buy a home and get an idea of your upcoming plans.
We'll talk about the mortgage industry, other economic factors that might affect your buying decision today or in the future, as well as neighborhoods and schools in the Dublin area.
In addition, I'll help you facilitate the loan process.
There are some very good mortgage professionals in Dublin, and I partner with a lot of them, so you're in great hands.
They'll help you decide which kind of loan is best for you, as well as help you get qualified.
Step 3 – Begin house-hunting
After we meet, I'll start searching for houses on the market that suit your needs.
I'll preview most of the homes and throw out the duds, and then we'll schedule appointments to tour the homes at a time that's convenient for you.
When we view the houses, I'll call attention to positive features, as well as bad ones. And I'll ask you what things you like and dislike.
Usually, buyers change their must-have list as we tour houses and some things become far more important than others.
If that's the case, I'll look through all the listings one more time and narrow it down to the home you've been waiting for.
Step 4 – Get a grasp of the housing market
Your agent's awareness of the Dublin home market is a fundamental element in your house search. And I can assure you I'm mindful of all the neighborhoods and schools, and I will let you know what districts are "hot" and require prompt action and the ones that are "cool" and allow for more examination.
As we tour homes, I'll be sure to tell you if the asking price has room for bargaining or if I believe the home is "priced to sell."
When working with an agent, be careful and be sure to ask a lot of questions. Every real estate agent will convince you they comprehend the housing market.
If it seems like they don't know everything, just call me at 9259999531 or e-mail me at , and I'd be more than happy to answer your questions. My knowledge of the market will help you stay a step ahead through the entire deal.
Step 5 – Find your dream house
I'm confident we'll find your dream home in Dublin. When that happens, I'll thoroughly create your purchase offer. The offer will be tailored with your needs in mind and the home, including a lot of contingencies. A few examples are acquiring financing, finishing the home inspection, and a clean title.
Upon sending in your offer, you'll want to submit "earnest money." This is a cash deposit submitted to a home seller to secure the offer to buy the property and is typically applied to the closing costs. If your offer is accepted, we should close on the property within 30 to 60 days afterward. This allows necessary time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts aren't closed on the initial offer, and it's very common to receive a counter offer. But don't let it alarm you. We'll talk about 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.
In addition, we'll work within your financing limits. And at the end of the day, we'll formulate a contract that works well for you.
Step 7 – Secure a loan
Once the contract is finished, you'll begin working with your lender to close the loan.
If you're pre-approved, it won't take very long at all. However, you need to stay in close contact with your mortgage lender.
And I'll manage all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) of closing costs within three days of taking your application. You'll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of accepting your loan application.
This estimate rests on the loan amount, and RESPA requirements mandate that it has to contain all closing costs and fall within a narrow range of accuracy. I'll analyze the estimate and let you know if it all looks all right.
Then we'll close on your house. This should occur at a title company or escrow office and will most likely be a smooth and peaceful affair.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything, simply contact me at 9259999531 or e-mail me at .