Buying or selling a home in Naples?

Purchasing a home is intimidating for a lot of people, but with a bit of up-front planning, it's not too hard. So they know exactly what they can expect, I will give buyers an overview of the entire deal. Here 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 regarding this information.

Step 1 – Get ready to buy a home
There are plenty of things you need to take into account prior to starting your home search. When you start your search, you'll want to assemble a check list of features you want to have, get a plan of what school districts and neighborhoods you want to live in, and start planning your budget. Ensuring your mortgage payment is around 30 percent of your net monthly income is a good principle to follow.

Step 2 – Speak with a real estate agent in Naples
This is where Metro Properties comes in. We can plan a time to get together so we can talk about why you want to buy a home and get an idea of your upcoming plans. We'll discuss everything from neighborhoods, schools in the Naples area, the mortgage and housing industries, to any other economic factors that could potentially affect your purchase today or in the future.

I can also help you get started on your loan. There are some excellent mortgage professionals in Naples, and I partner with a lot of them, so you'll be in great hands. They can assist you with choosing which kind of loan is best for you and help you get qualified.

Step 3 – Begin your home search
After our initial meeting, I'll start searching for houses on the market that are a great fit for you. I'll research most of the houses and remove the bad ones, and then we'll schedule appointments to view the homes whenever it's most convenient for you.

As we tour the houses, I'll show you the positive features, as well as negative ones. I'll even ask you about things you like and dislike. Usually, buyers revise their list of must-haves as we tour homes and some features become far more necessary than others. If that happens, I'll look through the listings again and narrow it down to the house you've been waiting for.

Step 4 – Comprehend the housing market
Your agent's knowledge of the Naples housing market is a necessary component in your home search. And I assure you I'm familiar with all the schools and neighborhoods, and I will let you know certain neighborhoods are "hot" and call for prompt action and others that are "cool" and allow for careful examination.

As we tour homes, I'll make sure to communicate when the list price has room for bargaining and also when I know the house is "priced to sell." When working with an agent, be mindful and be sure to ask lots of questions, as any REALTOR in Naples will convince you they truly understand the home market. If things don't add up, call me at 866-300-1550 or e-mail me at , and I'll be happy to answer any questions you may have. My market expertise will help you stay a step above the rest through the entire deal.

Step 5 – Find the home you've been waiting for
I'm positive we'll find your dream home in Naples. When that happens, I'll thoroughly create your real estate purchase offer. The offer will be tailored to suit your needs and the home, including some contingencies. A few examples are getting financing, carrying out the inspection, and a clean title.

When presenting your offer, you'll need to present "earnest money." This is a cash deposit given to a home seller to secure an offer to buy the property, and it's often put towards the closing costs. If the offer is accepted, we should close about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of deals don't close on the first offer – it's pretty common to receive a counter offer. But don't let this alarm you. We'll discuss whether or not to agree to the counter offer, present our own counter offer, or refuse the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the deal. We'll also work within your financing constraints. And when it's all said and done, we'll assemble a contract that is best for you.

Step 7 – Get financing
After the deal is signed, you'll begin working with your mortgage lender to close the loan. If you've been pre-qualified, this shouldn't take very long at all, but you'll want to keep in close contact with your lender. And I'll deal with 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 closing costs from your mortgage lender within three days of taking your loan application. This estimate is formed from the loan amount. RESPA requirements require that it has to involve all closing costs and be within a close range of accuracy, and I'll examine the estimate and let you know if everything looks good.

Then it's time to close on your house. This should take place at a title company or escrow office and will most often be a smooth and calm occasion.

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, make sure you call me at 866-300-1550 or e-mail me at .

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