Are you looking to purchase your home in Fall River? EZ Home Search Real Estate can help.
Purchasing a home is intimidating for many people. However, with a little planning ahead of time, it isn't too difficult.
So they'll know exactly what they can expect, I'll give buyers a road map of the entire deal.
Below are my nine steps to purchasing a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm glad to address any questions you have regarding this information.
There are many things you need to consider before starting your home search. When you start your search, you'll want to assemble a check list of features you want to have, plan for what neighborhoods you want to live in, and begin working on your budget. Ensuring your mortgage payment is less than or around 1/3 of your monthly income is a good rule to follow. Step 2 – Contact a real estate agent in Fall River
This is where I come in. We can book a time to get together so we can talk about why you want to buy a home and get an idea of your plans for the future. We'll discuss neighborhoods, schools in the Fall River area, the mortgage and housing industries, and any additional economic factors that could potentially affect your buying decision today or in the future.
I'll also help you start the loan process. There are some very good mortgage professionals in Fall River, and I work with a lot of them, so you'll be in great hands. They'll help you determine which type of loan is best for you, as well as help you get approved.
Step 3 – Begin your home search
After we meet for the first time, I'll start searching for houses on the market that best suit you.
I'll get a sneak peek of many of the houses and throw out the duds, and then we'll set up appointments to view the homes when it's most convenient for you.
As we view the houses, I'll identify positive features, as well as negative ones. I'll even ask you about things you like and don't like. It's pretty common for buyers to amend their must-have list as we tour houses and some items become more crucial than others. If that's the situation, I'll look through all the listings another time and narrow it down to the home you've been waiting for.
Step 4 – Comprehend the housing market
An agent's understanding of the Fall River market is a leading aspect in your home search. And I assure you I'm acquainted with all the neighborhoods and school districts, and I can alert you to certain districts are "hot" and warrant immediate action and some that are "cold" and allow for more consideration.
As we tour homes, I'll let you know if the seller's list price has room for bargaining or if I believe the home is "priced to sell."
Any real estate agent in Fall River will tell you they truly understand the housing market, but trust your instincts, and be sure to ask plenty of questions.
If it seems like they don't know everything, contact me at 5086464777 or e-mail me at , and I'll be glad to answer any questions you might have. My knowledge of the market will help you stay a step above the rest through the entire deal.
Step 5 – Find your dream house
I'm certain we'll find the home of your dreams in Fall River. When that happens, I'll precisely develop your purchase offer. The offer will be made to fit your needs and the home. We'll include some contingencies, such as getting financing, finishing the inspection, and a clear title.
Step 6 – Negotiate
Unfortunately most contracts don't close on the beginning offer, and it's pretty common to receive a counter offer. Don't let this discourage you. We'll discuss whether or not to accept the counter offer, submit our own counter offer, or decline the seller's offer and move on.
Step 7 – Get a loan
After the contract is complete, you'll start working with your lender to close the loan.
If you're pre-approved, it shouldn't take much time at all. However, you should to keep in close contact with your lender.
And I'll sort out all the property information your mortgage lender will need to close the loan.
Step 8 – Close the deal
Your mortgage lender will supply you with a Loan Estimate (LE) detailing your 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 accepting your loan application.
This estimate is formed from the loan amount. RESPA requirements order that it has to include all closing costs and fall within a narrow range of accuracy, and I'll review the estimate and let you know if everything looks all right.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, just call me at 5086464777 or e-mail me at .