Looking to buy your new home in Fort lauderdale? Charles Rutenberg Realty, Fort Lauderdale, The Scott Todd / Mike Imperiale Team can help.

Purchasing a home is a stressful event for a lot of people. However, with a little planning ahead of time, it isn't that confusing. So they'll know exactly what to expect, I like to supply buyers with a road map of the entire deal. Below are my nine steps to buying a home. When you're ready to get started, just contact me here or e-mail me at . I'm glad to address questions you have regarding this information.

Step 1 – Prepare to purchase
There are a lot of things you'll want to do before commencing your home search. You'll want to make a check list of items you want, plan for what school districts you'd like to live in, and start planning around your budget. Keeping your mortgage payment less than or close to a third of your monthly income is a good rule of thumb to go by.

Step 2 – Get in touch with a real estate agent in Fort lauderdale
That's where I can help. I'd love to book a time to meet with you and communicate with you about your real estate needs and get an idea of your plans for the future. We'll discuss the mortgage industry, other economic factors that could potentially affect your purchase today or in the future, as well as neighborhoods and schools in the Fort lauderdale area.

In addition, I'll assist you in getting started on your loan. There are some great mortgage professionals in Fort lauderdale, and I work with a lot of them, so you're in great hands. They'll help you figure out which type of loan is best for you, as well as help you get approved.

Step 3 – Start your search
Following our initial meeting, I'll begin searching for available houses on the market that are a great fit for you. I'll research most of the homes and exclude the duds, and then we'll schedule appointments to view the houses at a time that's convenient for you.

As we tour homes, I'll identify positive features, as well as bad ones. And I'll ask you to talk about things you like and don't like. It's widely common for buyers to update their must-have list as we view homes and some things become more substantial than others. If that's the case, I'll go back through all the listings once again and trim it down to the house you've been dreaming about.

Step 4 – Comprehend the housing market
Your agent's understanding of the Fort lauderdale market is an imperative factor in your home search. And I can assure you I'm acquainted with all the schools and neighborhoods, and I can let you know some districts are "hot" and call for prompt action and others that are "cold" and allow for more analysis.

As we view houses, I'll be sure to tell you when the seller's asking price has room for negotiation and when I trust the house is "priced to sell." Every real estate agent in Fort lauderdale will tell you they truly know the market, but take note, and make sure you ask a lot of questions. If it doesn't seem like they know everything, just call me at 9548184743 or e-mail me at , and I'd be more than happy to answer any questions you have. My market expertise will help you stay a step ahead throughout the entire process.

Step 5 – Find the house you've been waiting for
I'm sure we'll find your dream home in Fort lauderdale. When that happens, I'll precisely create your purchase offer. The offer will be tailored exactly to your needs and the home, including some contingencies. A few examples are acquiring financing, completing the inspection, and a clear title.

When we submit your offer, you'll probably need to present "earnest money." This is a cash deposit submitted to a home seller to secure an offer to buy the property, and it's usually put towards the cost of closing. If the seller accepts the offer, we should close on the property about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
Unfortunately most deals don't close on the initial offer, and it's really common to receive a counter offer. Don't let it discourage you. We'll talk over whether or not to accept the counter offer, present our own counter offer, or refuse 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 at the end of the day, we'll assemble a contract that works well for you.

Step 7 – Obtain your loan
Upon completing the deal, you'll begin working with your mortgage lender to close the loan. This shouldn't take very long at all if you're already pre-approved, but you'll need 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
You'll get a Loan Estimate (LE) detailing closing costs from your mortgage lender within three days of receiving your application. This estimate depends on the loan amount. RESPA requirements mandate that it has to involve all closing costs and be within a strict range of accuracy, and I'll analyze the estimate and let you know if it all looks okay.

Then we'll close on your house. This should occur at a title company or escrow office and will most often be a smooth and pleasant occasion.

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