Are you contemplating buying a new home in Dublin? Provident Realty Group can help.
Purchasing a home is a stressful event for a lot of people. However, with some up-front planning, it isn't all that confusing.
So they'll know exactly what to expect, I'll supply buyers with an outline of the whole deal.
Below are my nine steps to purchasing a home.
Should you have questions regarding this information or if you're prepared to get started, just contact me here or e-mail me at .
Step 1 – Get ready to buy
Before you start looking for a home, there are a lot of things you'll want to contemplate.
When you start your search, you'll probably want to make a check list of must-haves, get a feel for what school districts you'd like to live in, and start planning your budget.
Keeping your mortgage payment less than or around 30 percent of your net monthly income is a good rule to go by.
Step 2 – Talk to a real estate agent
This is where Provident Realty Group can help.
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 upcoming plans.
We'll discuss neighborhoods, school districts in the Dublin area, the mortgage and housing industries, and any other economic factors that may potentially affect your buying decision today or in the future.
I can also help you get started on your loan.
I work with some of the finest mortgage professionals in Dublin, so you're in great hands.
They'll assist you in choosing which kind of loan is best for you and help you get qualified.
Step 3 – Begin looking
After our first meeting, I'll start finding available homes on the market that best suit you.
I'll research many of the houses and ignore the bad ones, and then we'll set up appointments to tour the houses at a time that's convenient for you.
When we view houses, I'll call attention to positive features and negative ones. I'll also ask you to talk about things you like and don't like.
Oftentimes, buyers amend their list of must-haves as we tour homes and some features become far more essential than others.
If that happens, I'll go back through the listings another time and trim it down to the home you've been wishing for.
Step 4 – Know the market
An agent's awareness of the Dublin home market is a necessary agent in your house search. And I assure you I'm mindful of all the schools and neighborhoods, and I will communicate some districts are "hot" and warrant immediate action and the ones that are "cold" and allow for thoughtful consideration.
When we tour houses, I'll be sure to tell you when the list price has room for negotiation and also when I trust the home is "priced to sell."
Every REALTOR will claim to comprehend the market, but keep an eye out, and be sure to ask lots of questions.
If it seems like they don't know everything, call me at 9259999531 or e-mail me at , and I'll be more than happy to answer any questions you might have. My understanding of the market will keep you a step above the rest through the entire deal.
Step 5 – Find the house of your dreams
We'll find your dream home in the Dublin area, and when we do, I'll precisely create your home purchase offer. The offer will be tailored keeping your needs in mind and the home, including several contingencies. A few examples are obtaining financing, carrying out the home inspection, and a clean title.
When we turn in your offer, you'll need to present "earnest money." This is a cash deposit given to the home seller to secure the offer to purchase the property and is usually put towards the closing costs. If the seller accepts your offer, we should close on the home about 30 to 60 days afterward. This allows enough time for your mortgage financing.
Step 6 – Negotiate
Most contracts aren't closed on the beginning offer, and it's really common to receive a counter offer. But don't let it discourage you. We'll discuss whether or not to consent to the counter offer, present our own counter offer, or refuse the seller's offer and go on.
How aggressively we negotiate the contract depends on the state of the market.
We'll also work within your financing constraints. And at the end of the day, we'll formulate a contract that's best for you.
Step 7 – Obtain a loan
After the contract is finished, you'll start working with your mortgage lender to close the loan.
If you're pre-approved, it won't be a long process at all. However, you need to keep in close contact with your mortgage lender.
And I'll deal with all the property information your mortgage lender will need to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of taking your loan application.
This estimate depends on the loan amount, and RESPA requirements mandate that it has to include all closing costs and fall within a close range of accuracy. I'll study the estimate and let you know if everything looks good.
Then we'll close on your house. This will most likely happen at a title company or escrow office and should be a smooth and relaxed occurrence.
Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, just contact me at 9259999531 or e-mail me at .