Let Charles Rutenberg Realty, Fort Lauderdale, The Scott Todd / Mike Imperiale Team assist you with purchasing your home in Fort lauderdale
Buying a home is stressful for many people, but it's not that complicated with a bit of planning ahead of time.
So they'll know exactly what to expect, I'll supply buyers with an overview of the entire deal.
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 answer any questions you have regarding this information.
Step 1 – Get ready to buy
There are plenty of things you'll want to take into account before commencing your home search.
You'll most likely want to form an outline of items you need, plan for what school districts you'd like to live in, and start planning your budget.
A good rule to follow is that your mortgage payment should be less than or close to 30 percent of your monthly income.
Step 2 – Connect with a real estate agent in Fort lauderdale
That's where I can help.
We'll book a time to get together so we can talk about why you want to buy a home and get an idea of your future plans.
We'll talk about everything from neighborhoods, schools in the Fort lauderdale area, the mortgage and housing industries, to any other economic factors that may affect your purchase today or in the future.
I can also assist you in getting started on your loan.
Charles Rutenberg Realty, Fort Lauderdale, The Scott Todd / Mike Imperiale Team works with some of the finest mortgage professionals in Fort lauderdale, so you can rest assured that you're in great hands.
They'll assist you in deciding which kind of loan is best for you and help you get qualified.
Step 3 – Begin looking
Following our first meeting, I'll start finding houses on the market that meet your needs.
I'll preview most of the houses and ignore the duds, and then we'll schedule appointments to tour the homes whenever it's convenient for you.
As we view homes, I'll identify good features, as well as negative ones. I'll also ask you to point out what things you like and dislike.
Most often, buyers update their wish list as we view houses and some things become more necessary than others.
If that's the situation, I'll look through the listings once more and narrow it down to the house you've been waiting for.
Step 4 – Know the market
An agent's awareness of the Fort lauderdale housing market is a leading component in your home search. And I can assure you I'm familiar with all the school districts and neighborhoods, and I can let you know some neighborhoods are "hot" and warrant immediate action and others that are "cool" and allow for careful analysis.
When we tour homes, I'll make sure to communicate if the seller's list price has room for negotiation or if I believe the home is "priced to sell."
Be careful and be sure to ask lots of questions, as every real estate agent in Fort lauderdale will tell you they truly understand the home market.
If things don't add up, contact me at 9548184743 or e-mail me at , and I'll be more than happy to answer any questions you might have. My market knowledge will help you stay a step above the rest throughout the entire deal.
Step 5 – Find your dream home
I'm certain we'll find the home of your dreams in the Fort lauderdale area. When that happens, I'll meticulously create your home purchase offer. The offer will be tailored exactly to your needs and the home, including a lot of contingencies. A few examples are acquiring financing, carrying out the inspection, and a clean title.
When we submit your offer, you'll probably need to submit "earnest money." This is a cash deposit submitted to the home seller to secure an offer to purchase the property, and it's most often put towards the closing costs. If your offer is accepted by the seller, we should close about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts aren't closed on the initial offer – it's very common to receive a counter offer. Don't let this intimidate you. We'll figure out whether or not to consent to the counter offer, propose our own counter offer, or reject the seller's offer and move on.
The state of the market determines how aggressively we negotiate the deal.
We'll also work within your financing constraints. And when it's all said and done, we'll formulate a deal that's best for you.
Step 7 – Secure a loan
Once the contract is complete, you'll start working with your lender to close the loan.
If you're already pre-qualified, this won't take long at all. However, you'll want to stay in close contact with your mortgage lender.
And I'll look after all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) detailing closing costs within three days of taking your application. You'll get a Loan Estimate (LE) of your closing costs from your mortgage lender within three days of receiving your application.
This estimate rests on the loan amount. RESPA requirements dictate that it has to involve all closing costs and fall within a precise range of accuracy, and I'll study the estimate and let you know if it all looks good.
Then we'll close on your home. This will most likely happen at a title company or escrow office and will most likely be a smooth and hassle-free affair.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, simply call me at 9548184743 or e-mail me at .