Buying or selling a home in Naples?
Buying a home is stressful for most people, but it isn't very confusing with some planning ahead of time.
So they'll know exactly what to expect, I will give buyers 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 any questions you have about this information.
Step 1 – Get ready to purchase
Before you commence your home search, there are several things you need to consider.
When you begin your search, you'll probably want to form a list of features you need, get a feel for what school districts you want to live in, and begin planning around your budget.
A good guideline to follow is that your mortgage payment should be less than 30 percent of your net monthly income.
Step 2 – Connect with a real estate agent
This is where I come in.
I'd like to set up a time to get together with you and communicate with you about why you want to buy a home and get an idea of your upcoming plans.
We'll talk about everything from neighborhoods, schools in the Naples area, the mortgage industry, to any other economic factors that might affect your purchase today or in the future.
I'll also assist you in getting started on your loan.
There are some very good mortgage professionals in Naples, and I partner with a lot of them, so you can rest assured that you're in great hands.
They will help you determine which kind of loan is best for you, as well as help you get qualified.
Step 3 – Begin house-hunting
After our first meeting, I'll start searching for available houses on the market that are a good fit for you.
I'll research many of the houses and reject the duds, and then we'll schedule appointments to tour the houses when it's convenient for you.
As we tour the houses, I'll show you the good features, as well as bad ones. I'll also ask you to talk about things you like and dislike.
It's pretty common for buyers to change their list of must-haves as we view houses and some things become far more important than others.
If such is the case, I'll go back through all the listings once more and narrow it down to the house you've been waiting for.
Step 4 – Get a grasp of the housing market
My awareness of the Naples market is an imperative element in your house search. I am acquainted with all the school districts and neighborhoods, and I'll communicate certain areas are "hot" and require prompt action and the ones that are "cool" and allow for careful analysis.
When we tour homes, I'll be sure to tell you if the asking price has room for negotiation or if I believe the home is "priced to sell."
When working with an agent, be careful and be sure to ask a lot of questions. Every REALTOR in Naples will convince you they truly understand the housing market.
If it seems like they don't know everything, just call me at 866-300-1550 or e-mail me at , and I'd be more than happy to answer your questions. My market knowledge will help you stay a step above the rest through the entire process.
Step 5 – Find the house of your dreams
I'm sure we'll find your dream house in the Naples area. When that happens, I'll carefully develop your home purchase offer. The offer will be tailored with your needs in mind and the home, including a lot of contingencies, such as obtaining financing, carrying out the home inspection, and a clear title.
When we turn in your offer, you'll probably want to present "earnest money." This is a cash deposit submitted to a seller to secure the offer to purchase the property and is most often applied to the cost of closing. If the seller accepts your offer, we should close within 30 to 60 days after. This allows enough time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts aren't closed on the beginning offer. It's really common to receive a counter offer. But don't let it intimidate you. We'll talk about whether or not to take the counter offer, submit our own counter offer, or reject the seller's offer and go on.
The state of the market determines how aggressively we negotiate the contract.
We'll also work within your financing limits. And at the end of the day, we'll put together a deal that is best for you.
Step 7 – Secure your loan
Upon signing the deal, you'll begin working with your lender to close the loan.
This won't take very long at all if you're already pre-approved, but you should 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 lender will send you a Loan Estimate (LE) outlining closing costs within three days of taking your application. You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of taking your loan application.
The estimate depends on the loan amount. RESPA requirements dictate that it has to contain all closing costs and fall within a close range of accuracy, and I'll review the estimate and let you know if it all looks adequate.
Then we'll close on your home. This will probably happen at a title company or escrow office and should 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, be sure to call me at 866-300-1550 or e-mail me at .