Let Metro Properties assist you in buying a new home in Naples
Buying a home is stressful for many people, but it's not that complicated with a little planning ahead of time.
So they'll understand exactly what to expect, I will furnish buyers with an overview of the entire deal.
These are my nine steps to buying a home.
Should you have any questions about this information or if you're prepared to get started, simply contact me here or e-mail me at .
Step 1 – Get ready to purchase a home
There are a lot of things you'll want to contemplate prior to starting your home search.
It's likely that you'll want to put together an index of features you want to have, get a plan of what neighborhoods you want to live in, and begin planning around your budget.
Keeping your mortgage payment less than or close to a third of your net monthly income is a good rule of thumb to go by.
Step 2 – Speak with a real estate agent
This is where I come in.
We'll schedule a time to meet so we can talk about your real estate needs and get an idea of your future plans.
We'll talk about neighborhoods, schools in the Naples area, the mortgage industry, and any additional economic factors that may affect your purchase today or in the future.
I'll also help you start the loan process.
There are some excellent mortgage professionals in Naples, and I partner with a lot of them, so you can rest assured that you're in great hands.
They can help you figure out which kind of loan is best for you, as well as help you get qualified.
Step 3 – Start looking
After our initial meeting, I'll begin searching for available houses on the market that are great for you.
I'll research most of the houses and throw out the duds, and then we'll set up appointments to view the homes whenever it's convenient for you.
When we tour the homes, I'll point out positive features and bad ones. I'll even ask you what things you like and dislike.
Frequently, buyers amend their list of must-haves as we view homes and some features become far more essential than others.
If such is the case, I'll look through the listings again and narrow it down to the home you've been waiting for.
Step 4 – Understand the market
My awareness of the Naples market is a necessary element in your home search. I am conscious of all the neighborhoods and school districts, and I will communicate which areas are "hot" and demand immediate action and some that are "cold" and allow for more consideration.
As we view homes, I'll let you know when the seller's asking price has room for negotiation and also when I trust the house is "priced to sell."
Every real estate agent will claim to understand the market, but take note, and make sure you ask plenty of questions.
If things don't add up, just call me at 866-300-1550 or e-mail me at , and I'll be glad to answer any questions you may have. My knowledge of the market will help you stay a step ahead through the entire deal.
Step 5 – Find the house of your dreams
We'll find the home of your dreams in the Naples area, and when we do, I'll thoroughly create your real estate purchase offer. The offer will be made to fit your needs and the home. We'll include many contingencies, such as obtaining financing, completing the home inspection, and a clean title.
Upon sending in your purchase offer, you'll want to present "earnest money." This is a cash deposit submitted to a seller to secure the offer to buy the property, and it's typically put towards the closing costs. If your offer is accepted, we should close within 30 to 60 days after. This allows necessary time for your mortgage financing.
Step 6 – Negotiate the deal
Most contracts aren't closed on the initial offer, and it's really common to receive a counter offer. Don't let this alarm you. We'll consider whether or not to take the counter offer, present our own counter offer, or reject the seller's offer and move on.
Market circumstances will play a big part in how aggressively we negotiate the contract.
We'll also work within your financing limits. And when it's all said and done, we'll assemble a deal that is best for you.
Step 7 – Obtain financing
After we sign the final sales contract, you'll begin working with your lender to close the loan.
This shouldn't take very long at all if you're pre-approved, but you'll want to stay in close contact with your lender.
And I'll care for all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) of closing costs within three days of receiving your application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of taking your loan application.
The estimate is based on the loan amount. RESPA requirements mandate that it has to contain all closing costs and be within a precise range of accuracy, and I'll review the estimate and let you know if everything looks all right.
Then it's time to close on your home. This will most likely happen at a title company or escrow office and will likely be a smooth and easygoing affair.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, just contact me at 866-300-1550 or e-mail me at .