Purchasing your new home in Fort lauderdale with Charles Rutenberg Realty, Fort Lauderdale, The Scott Todd / Mike Imperiale Team

With some up-front planning, purchasing a home isn't too complex, but the event is intimidating for many people. So they know exactly what they can expect, I'll supply buyers with a road map of the entire deal. Here are my nine steps to purchasing a home. If 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 a home
There are many things you need to take into account prior to beginning your home search. You'll probably want to put together a list of must-have features, get a feel for what school districts and neighborhoods you'd like to live in, and start working on your budget. Ensuring your mortgage payment is around 30 percent of your net monthly income is a good principle to go by.

Step 2 – Connect with a real estate agent in Fort lauderdale
That's where I come in. I'd like to set up a time to get together with you and communicate with you regarding why you want to buy a home and get an idea of your plans for the future. We'll discuss neighborhoods, schools in the Fort lauderdale area, the mortgage industry, and any other economic factors that may affect your buying decision today or in the future.

I'll also help you get started on your loan. There are some excellent mortgage professionals in Fort lauderdale, and I work with a lot of them, so you're in great hands. They can help you choose 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 looking for available homes on the market that are great for you. I'll preview many of the homes and eliminate the duds, and then we'll book appointments to tour the homes when it's convenient for you.

When we view houses, I'll show you the positive features, as well as bad ones. And I'll ask you about things you like and dislike. Usually, buyers change their list of must-haves as we view houses and some items become more necessary than others. If that happens, I'll go back through the listings once more and trim it down to the home you've been wishing for.

Step 4 – Comprehend the market
My knowledge of the Fort lauderdale housing market is a necessary aspect in your home search. I'm conscious of all the neighborhoods and schools, and I can alert you to some districts are "hot" and require prompt action and the ones that are "cold" and allow for more analysis.

As we tour homes, I'll make sure to communicate if the list price has room for bargaining or if I believe the house is "priced to sell." Be on guard and make sure you ask lots of questions, as every REALTOR in Fort lauderdale will convince you they truly understand the housing market. If things don't add up, just call me at 9548184743 or e-mail me at , and I'd be happy to answer any questions you have. My understanding of the market will help you stay a step above the rest through the entire deal.

Step 5 – Find the house of your dreams
I know we'll find the home of your dreams in Fort lauderdale. When that happens, I'll precisely develop your purchase offer. The offer will be tailored to suit your needs and the home, including several contingencies. A few examples are getting financing, finishing the home inspection, and a clean title.

Upon presenting your offer, you'll need to present "earnest money." This is a cash deposit submitted to the home seller to secure an offer to buy the property. The amount is typically applied to the cost of closing. If the offer is accepted by the seller, we should close on the home about 30 to 60 days after. This allows enough time for your mortgage financing.

Step 6 – Negotiate
Most contracts don't close on the initial offer, and it's extremely common to receive a counter offer. But don't let this intimidate you. We'll discuss whether or not to agree to the counter offer, submit our own counter offer, or reject the seller's offer and move on.

How aggressively we negotiate the contract depends on the state of the market. We'll also work within your financing budget. And when it's all said and done, we'll create a deal that is best for you.

Step 7 – Secure your loan
Once we sign the final sales contract, you'll start working with your mortgage lender to close the loan. This won't be a long process at all if you're pre-approved, but you should to keep in close contact with your mortgage lender. And I'll handle all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of receiving your loan application. This estimate depends on the loan amount. RESPA requirements order that it has to involve all closing costs and fall within a narrow range of accuracy, and I'll review the estimate and let you know if it all looks okay.

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

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, be sure to call me at 9548184743 or e-mail me at .