Buying your home in Dublin?
For most people, buying a home can be a stressful event. But with some up-front planning, it's not that confusing.
So they understand exactly what they can expect, I like to furnish buyers with a road map of the entire deal.
Here 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 questions you have regarding this information.
Step 1 – Prepare to buy
There are plenty of things you'll want to consider before starting your home search.
You'll most likely want to assemble a check list of features you want, get a feeling for what neighborhoods you'd like to live in, and start planning your budget.
Ensuring your mortgage payment is less than or close to a third of your monthly income is a good rule of thumb to go by.
Step 2 – Contact a real estate agent in Dublin
This is where Provident Realty Group comes in.
We can plan a time to get together so we can talk about your real estate needs and get an idea of your future plans.
We'll talk about neighborhoods, schools in the Dublin area, the mortgage industry, and any additional economic factors that could affect your buying decision today or in the future.
I can also help you get started on your loan.
There are some very good mortgage professionals in Dublin, and I partner with a lot of them, so you'll be in great hands.
They will help you figure out which type of loan is best for you, as well as help you get approved.
Step 3 – Begin your home search
After we meet, I'll start finding houses on the market that are great for you.
I'll get a sneak peek of most of the houses and eliminate the duds, and then we'll book appointments to tour the homes whenever it's most convenient for you.
When we view the houses, I'll identify good features and bad ones. I'll even ask you about things you like and don't like.
Usually, buyers revise their wish list as we tour houses and some items become more essential than others.
If such is the case, I'll search the listings once again and trim it down to the home you've been waiting for.
Step 4 – Comprehend the housing market
Your agent's knowledge of the Dublin housing market is a necessary agent in your house search. And I assure you I'm conscious of all the school districts and neighborhoods, and I will alert you to what neighborhoods are "hot" and demand immediate action and some that are "cool" and allow for thoughtful analysis.
When we tour homes, I'll let you know if the list price has room for negotiation or if I believe the house is "priced to sell."
Be on guard and make sure you ask plenty of questions, as any REALTOR in Dublin will tell you they comprehend the housing market.
If things don't add up, contact me at 9259999531 or e-mail me at , and I'll be glad to answer your questions. My knowledge of the market will keep you a step ahead throughout the entire process.
Step 5 – Find the home you've been waiting for
We'll find your dream home in the Dublin area, and when we do, I'll meticulously develop your real estate purchase offer. The offer will be tailored exactly to your needs and the home, including some contingencies. A few examples are acquiring financing, finishing the inspection, and a clean title.
Upon submitting your offer, most likely you'll want to present "earnest money." This is a cash deposit given to the seller to secure an offer to purchase the property and is typically put towards the closing costs. If your offer is accepted by the seller, we should close on the property within 30 to 60 days afterward. This allows enough time for your mortgage financing.
Step 6 – Negotiate the deal
Most deals don't close on the beginning offer – it's very common to receive a counter offer. Don't let it discourage you. We'll talk over whether or not to accept the counter offer, propose our own counter offer, or reject the seller's offer and go on.
The state of the market will play a vital role in how aggressively we negotiate the contract.
We'll also work within your financing limits. And when it's all said and done, we'll put together a deal that's best for you.
Step 7 – Get your loan
After the deal is finalized, you'll start working with your mortgage lender to close the loan.
If you've been pre-qualified, it won't take long at all, but you should to keep in close contact with your lender.
And I'll take care of all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your lender will supply you with a Loan Estimate (LE) of closing costs within three days of receiving your application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of getting your loan application.
This estimate depends on the loan amount, and RESPA requirements dictate that it has to involve all closing costs and be within a tight range of accuracy. I'll examine the estimate and let you know if everything looks okay.
Then it's time to close on your house. This will likely take place at a title company or escrow office and will likely be a smooth and pleasant occasion.
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 .