Are you buying a home in Fort lauderdale?

For most people, buying a home is a stressful event. But with some up-front planning, it isn't too difficult. I like to give buyers an outline of the entire deal so they know exactly what they can expect. These are my nine steps to purchasing a home. Should you have questions regarding this information or if you're prepared to get started, simply contact me here or e-mail me at .

Step 1 – Prepare to buy
There are several things you should contemplate before commencing your home search. It's likely that you'll want to create a list of features you want, plan for what neighborhoods and 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 guideline to adhere to.

Step 2 – Speak with a real estate agent
That's where I come in. I'd be happy to schedule a time to meet with you and speak with you about 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 may potentially affect your buying decision today or in the future, as well as neighborhoods and schools in the Fort lauderdale area.

I can also help you facilitate the loan process. There are some very good mortgage professionals in Fort lauderdale, and I work with a lot of them, so you'll be in great hands. They will help you decide which type of loan is best for you, as well as help you get qualified.

Step 3 – Begin your home search
After our initial meeting, I'll begin looking for houses on the market that are great for you. I'll get a sneak peek of many of the houses and exclude the duds, and then we'll book appointments to view the homes when it's convenient for you.

As we tour the houses, I'll call attention to positive features and bad ones. I'll also ask you to talk about things you like and don't like. It's pretty common for buyers to update their wish list as we tour houses and some features become far more necessary than others. If that's the situation, I'll search the listings one more time and trim it down to the home you've been wishing for.

Step 4 – Know the housing market
My understanding of the Fort lauderdale home market is a leading element in your home search. I'm familiar with all the schools and neighborhoods, and I will alert you to which districts are "hot" and require immediate action and the ones that are "cool" and allow for more analysis.

When we view houses, I'll be sure to tell you if the seller's list price has room for negotiation or if I believe the home is "priced to sell." Every REALTOR will tell you they truly understand the home market, but take notice, and make sure you ask your agent plenty of questions. If it appears they don't know everything, just call me at 9548184743 or e-mail me at , and I'll be glad to answer any questions you might have. My knowledge of the market will keep you a step ahead through the entire deal.

Step 5 – Find the home of your dreams
I'm certain we'll find your dream house in Fort lauderdale. When that happens, I'll thoroughly create your home purchase offer. The offer will be made to suit your needs and the home. We'll include several contingencies, such as obtaining financing, completing the home inspection, and a clean title.

Upon turning in your purchase offer, you'll need to submit "earnest money." This is a cash deposit made to the home seller to secure an offer to purchase the property, and it's usually put towards the cost of closing. If the seller accepts your offer, we should close on the home within 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of deals aren't closed on the first offer – it's really common to receive a counter offer. Don't let this discourage you. We'll talk over whether or not to take the counter offer, submit our own counter offer, or decline the seller's offer and move on.

The state of the market will play a big part 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 contract that's best for you.

Step 7 – Obtain financing
After the deal is finished, you'll start working with your lender to close the loan. If you've been pre-qualified, this shouldn't take long at all. However, you'll want to stay in close contact with your lender. And I'll sort out 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 taking your application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of receiving your loan application. This estimate is based on the loan amount, and RESPA requirements mandate that it has to involve all closing costs and fall within a tight range of accuracy. I'll go over the estimate and let you know if everything looks good.

Then it's time to close on your home. This will probably happen at a title company or escrow office and will probably be a smooth and peaceful occasion.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, make sure you call me at 9548184743 or e-mail me at .