Let Provident Realty Group assist you with buying your home in Dublin
Buying a home is an intimidating event for a lot of people, but with some planning ahead of time, it's not that complicated.
I like to provide buyers with a road map of the entire deal so they understand exactly what they can expect.
These are my nine steps to purchasing a home.
If you have questions regarding any of this information or if you're prepared to get started, just contact me here or e-mail me at .
Step 1 – Prepare to buy a home
There are several things you should take into account before you start looking for a home.
You'll probably want to form a list of items you need to have, plan for what neighborhoods and school districts you'd like to live in, and start working on your budget.
Ensuring your mortgage payment is around 1/3 of your net monthly income is a good rule to adhere to.
Step 2 – Contact a real estate agent
This is where I come in.
We can schedule a time to meet so we can talk about why you want to buy a home and get an idea of your plans for the future.
We'll talk about neighborhoods, schools in the Dublin area, the mortgage and housing industries, and any additional economic factors that may affect your buying decision today or in the future.
In addition, I'll help you begin the loan process.
There are some excellent mortgage professionals in Dublin, and I work with a lot of them, so you'll be in great hands.
They will help you choose which kind of loan is best for you, as well as help you get approved.
Step 3 – Start your search
After we meet for the first time, I'll begin looking for available homes on the market that are good for you.
I'll get a sneak peek of many of the houses and ignore the duds, and then we'll schedule appointments to tour the houses when it's most convenient for you.
As we view the homes, I'll show you the positive features, as well as bad ones. I'll also ask you about things you like and don't like.
As a rule, buyers update their list of must-haves as we view homes and some items become far more important than others.
If that's the case, I'll search all the listings one more time and narrow it down to the house you've been waiting for.
Step 4 – Know the housing market
My knowledge of the Dublin home market is a fundamental element in your home search. I'm acquainted with all the neighborhoods and school districts, and I can alert you to some districts are "hot" and require prompt action and the ones that are "cold" and allow for thoughtful analysis.
When we tour houses, I'll let you know when the list price has room for negotiation and also when I trust the house is "priced to sell."
When working with an agent, trust your instincts and be sure to ask lots of questions, as any REALTOR in Dublin will convince you they truly know the housing market.
If it seems like they don't know everything, contact me at 9259999531 or e-mail me at , and I'll be more than happy to answer any questions you may have. My understanding of the market will keep you a step above the rest through the entire deal.
Step 5 – Find your dream home
I'm sure we'll find your dream home in the Dublin area. When we do, I'll meticulously create your real estate purchase offer. The offer will be made to fit your needs and the home. We'll include several contingencies, such as getting financing, carrying out the inspection, and a clean title.
When presenting your purchase offer, you'll need to present "earnest money." This is a cash deposit made to the home seller to secure an offer to buy the property and is often applied to the cost of closing. If the offer is accepted, we should close on the home within 30 to 60 days afterward. This allows ample time for your mortgage financing.
Step 6 – Negotiate
A lot of deals aren't closed on the beginning offer – it's pretty common to receive a counter offer. But don't let it alarm you. We'll figure out whether or not to accept the counter offer, submit our own counter offer, or refuse the seller's offer and go on.
Market circumstances will play a big part in how aggressively we negotiate the deal.
We'll also work within your financing constraints. And when it's all said and done, we'll assemble a contract that works well for you.
Step 7 – Get a loan
Upon completion of the deal, you'll begin working with your mortgage lender to close the loan.
If you've been pre-qualified, this won't take very long at all. However, you'll need to stay in close contact with your lender.
And I'll look after all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your lender will furnish you with a Loan Estimate (LE) detailing closing costs within three days of accepting your loan application. You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of getting your loan application.
The estimate is based on the loan amount. RESPA requirements order that it has to involve all closing costs and fall within a narrow range of accuracy, and I'll go over the estimate and let you know if it all looks permissible.
Then it's time to close on your house. This should happen at a title company or escrow office and should be a smooth and pleasant affair.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, simply call me at 9259999531 or e-mail me at .