9 Steps To Home Buying

Step 1: Prepare to buy

There are a lot of things you want to consider before you start searching for a home. When you begin your search,  create a checklist of items you want to have including school districts you would like to live in.  Also, start planning your budget. Ensuring your mortgage payment is no more than a third of your monthly income is a good principle to follow.

Step 2:  Get in touch with a real estate agent

A professional real estate agent can help you navigate the home buying process. 

They will be able to discuss your options based on the criteria for a home and any other economic factors that may potentially affect your purchase today or in the

future. With their experience and education, they help you navigate the pre-approval and even represent you in negotiating the sale price of the home.

Step 3 – Start house hunting

Following our first meeting, I'll begin searching for houses on the market that are good for you. I will preview many of the homes and throw out the duds, and then we'll set up appointments to view the houses at a time that will be convenient for you.

When we tour the homes, I'll call attention to positive features, as well as bad ones. And I will ask you to talk about things you like and don't like. widely common for buyers to amend their list of must-haves as we view houses and some items become far more essential than others. If that is the case, I will go back through all the listings once more and trim it down to the house of your dreams.

Step 4 – Get a grasp of the housing market

My knowledge of the Boynton Beach housing market is a fundamental aspect in your home search. I am informed of all the neighborhoods and school districts, and I will alert you to which areas are "hot" and require prompt action and others that are "cold"  and allow for more examination.

When we tour houses, make sure to communicate if the sellers asking price has room for bargaining or if I believe the home is "priced to sell". When working with an agent, be mindful and make sure you ask lots of questions. Any real estate agent in Boynton Beach will convince you they comprehend the market. If things don't add up, call me at 561-424-2300 or e-mail me at , and I will be happy to answer any questions you have. My knowledge of the market will keep you a step above

the rest throughout the entire process.

Step 5 – Find your dream house

I know we'll find your dream house in the Boynton Beach area. When that happens, I'll thoroughly create your real estate purchase offer. The offer will be made to suit your needs and the

home. We'll include many contingencies, such as getting financing, carrying out the home inspection, and a clean title.

Upon submitting your purchase offer, you'll need to present earnest money. This is a cash deposit made to the seller to secure an offer to purchase the property, and it will most often put towards the closing costs. If the offer is accepted, we should close on the home about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate

Most deals aren't closed on the first offer, and it is widely common to receive a counter offer. Don't let it discourage you. We talk about whether or not to agree to the counter offer, present our own counter offer, or decline the seller offer and move on.

Market circumstances will play a large role in how aggressively we negotiate the deal. In addition, we'll work within your budget. And at the end of the day, we'll formulate a

contract that works well for you.

Step 7 – Obtain a loan

After we sign the final deal, you'll start working with your mortgage lender to close the loan. If you are pre-approved, it shouldn't take very long at all, but you should to stay in close contact with your mortgage lender. And I'l take care of all the property

information your lender will need to close the loan.

Step 8 – Close the deal

Your mortgage lender will give you a Loan Estimate (LE) of your closing costs within three days of taking your loan application. You get a Loan Estimate (LE) outlining closing costs from your lender within three days of getting your loan application. The estimate is formed from the loan amount. RESPA requirements dictate

that it has to include all closing costs and fall within a precise range of accuracy, and I'll review the estimate and let you know if everything looks permissible. Then well close on your house. This will probably take place at a title company or escrow office and is often 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 contact me at 561-424-2300 or e-mail me at .