Contemplating purchasing a home in Fort lauderdale?

For a lot of people, buying a home can be an intimidating event. But with some up-front planning, it isn't too confusing. I like to provide buyers with an overview of the whole deal so they know exactly what to expect. Here 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 glad to address questions you have about this information.

Step 1 – Get ready to buy a home
There are many things you should contemplate before you start searching for a home. It's likely that you'll want to make a list of features you need to have, get a feeling for what neighborhoods you'd like to live in, and start working on your budget. A good principle to go by is that your mortgage payment should be less than a third of your monthly income.

Step 2 – Talk to a real estate agent in Fort lauderdale
This is where I can help. We can set up a time to get together so we can talk about your real estate needs and get an idea of your future plans. We'll discuss everything from neighborhoods, schools in the Fort lauderdale area, the mortgage and housing industries, to any other economic factors that could affect your buying decision today or in the future.

I'll also assist you in getting started on your loan. There are some very good mortgage professionals in Fort lauderdale, and I work with a lot of them, so you can rest assured that you're 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 – Begin your home search
After we meet, I'll start looking for homes on the market that are good for you. I'll research many of the houses and throw out the duds, and then we'll schedule appointments to view the homes whenever it's most convenient for you.

As we tour houses, I'll identify positive features and negative ones. I'll even ask you to talk about things you like and don't like. Frequently, buyers update their must-have list as we tour houses and some things become more crucial than others. If that happens, I'll look through the listings again and narrow it down to the house you've been dreaming about.

Step 4 – Get a grasp of the housing market
My knowledge of the Fort lauderdale market is an imperative aspect in your house search. I'm familiar with all the schools and neighborhoods, and I will alert you to what districts are "hot" and warrant prompt action and some that are "cool" and allow for careful examination.

When we view houses, I'll let you know when the seller's asking price has room for bargaining and also when I think the home is "priced to sell." When working with an agent, trust your instincts and be sure to ask a lot of questions, as any REALTOR in Fort lauderdale will claim to truly understand the market. If it appears they don't know everything, contact me at 9548184743 or e-mail me at , and I'll be more than happy to answer your questions. My market expertise will keep you a step above the rest throughout the entire process.

Step 5 – Find the home you've been waiting for
I'm confident we'll find your dream home in the Fort lauderdale area. When that happens, I'll precisely develop your real estate purchase offer. The offer will be made to fit your needs and the home. We'll include many contingencies, such as acquiring financing, carrying out the home inspection, and a clean title.

Upon submitting your purchase offer, you'll likely need to submit "earnest money." This is a cash deposit submitted to a seller to secure the offer to purchase the property, and it's often put towards the closing costs. If the offer is accepted by the seller, we should close on the property within 30 to 60 days after. This allows ample time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals aren't closed on the initial offer, and it's extremely common to receive a counter offer. Don't let this discourage you. We'll consider whether or not to consent to the counter offer, present our own counter offer, or refuse the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the contract. We'll also work within your budget. And at the end of the day, we'll assemble a deal that's best for you.

Step 7 – Get your loan
Once the deal is finished, you'll begin working with your mortgage lender to close the loan. If you're already pre-approved, this shouldn't take very long at all. But you should to stay in close contact with your lender. And I'll deal with all the property information your lender needs to close the loan.

Step 8 – Close the deal
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 is based on the loan amount. RESPA requirements require that it has to contain all closing costs and fall within a tight range of accuracy, and I'll analyze the estimate and let you know if it all looks good.

Then we'll close on your home. This will probably take place at a title company or escrow office and will probably be a smooth and relaxing affair.

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything, make sure you call me at 9548184743 or e-mail me at .