Buying or selling a home?

With a little planning ahead of time, purchasing a home isn't all that complicated, but the event is intimidating for many people. I like to give buyers an outline of the entire deal so they'll understand exactly what to expect. Below are my nine steps to purchasing a home. Should you have questions about this information or if you're prepared to get started, you can contact me here or e-mail me at .

Step 1 – Get ready to buy a home
There are plenty of things you should do prior to commencing your home search. You'll probably want to form an outline of items you need, get a feel for what neighborhoods you want to live in, and begin planning around your budget. Keeping your mortgage payment less than 1/3 of your monthly income is a good rule to adhere to.

Step 2 – Speak with a real estate agent in Naples
That's where I come in. I'd love to schedule a time to get together with you and communicate with you regarding your real estate needs and get an idea of your upcoming plans. We'll talk about neighborhoods, schools in the Naples area, the mortgage industry, and any other economic factors that could affect your buying decision today or in the future.

I can 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 figure out which type of loan is best for you, as well as help you get qualified.

Step 3 – Begin house hunting
After our initial meeting, I'll begin searching for homes on the market that are great for you. I'll research many of the houses and eliminate the bad ones, and then we'll book appointments to tour the homes whenever it's convenient for you.

When we tour the houses, I'll show you the good features, as well as bad ones. I'll even ask you to talk about things you like and don't like. It's widely common for buyers to amend their list of must-haves as we view homes and some features become more essential than others. If such is the case, I'll search all the listings again and narrow it down to the house you've been dreaming about.

Step 4 – Understand the housing market
Your agent's awareness of the Naples market is an imperative factor in your house search. And I can assure you I'm acquainted with all the school districts and neighborhoods, and I will let you know what areas are "hot" and require immediate action and others that are "cool" and allow for careful examination.

As we view homes, I'll make sure to communicate when the seller's asking price has room for bargaining and when I know the home is "priced to sell." Any real estate agent in Naples will convince you they understand the housing market, but take note, and make sure you ask your agent a lot of questions. If it appears they don't know everything, call me at 866-300-1550 or e-mail me at , and I'd be glad to answer any questions you have. My knowledge of the market will help you stay a step ahead throughout the entire process.

Step 5 – Find your dream house
We'll find the house of your dreams in Naples, and when we do, I'll carefully create your home purchase offer. The offer will be made to suit your needs and the home. We'll include several contingencies, such as acquiring financing, carrying out the inspection, and a clear title.

When we submit your offer, you'll need to present "earnest money." This is a cash deposit submitted to the home seller to secure the offer to purchase the property and is usually applied to the closing costs. If your offer is accepted, we should close within 30 to 60 days after. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate
A lot of contracts don't close on the initial offer. It's very common to receive a counter offer. Don't let this discourage you. We'll talk about whether or not to accept the counter offer, present our own counter offer, or refuse the seller's offer and go on.

How aggressively we negotiate the contract depends on market conditions. We'll also work within your financing budget. And when it's all said and done, we'll put together a contract that works well for you.

Step 7 – Secure a loan
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan. If you're already pre-qualified, it shouldn't take much time at all, but you'll want to keep in close contact with your lender. And I'll look after all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your lender will furnish you with a Loan Estimate (LE) detailing closing costs within three days of getting your application. You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of getting your application. The estimate depends on the loan amount, and RESPA requirements require that it has to involve all closing costs and be within a narrow range of accuracy. I'll analyze the estimate and let you know if it all looks okay.

Then we'll close on your home. This will likely happen at a title company or escrow office and will most often be a smooth and hassle-free occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, just call me at 866-300-1550 or e-mail me at .

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