Buying or selling a home? SBR Realty LLC can help.
For many people, buying a home can be stressful. However, with a little up-front planning, it isn't that complex.
We like to furnish buyers with an overview of the entire deal so they'll know exactly what to expect.
These are our nine steps to purchasing a home.
When you're ready to get started, simply contact us here or send us e-mail. We're happy to answer questions you have about this information.
Step 1 – Prepare to purchase a home
There are plenty of things you should take into account before starting your home search.
When you start your search, you'll probably want to assemble a check list of features you want to have, get a feel for what neighborhoods you'd like to live in, and start planning your budget.
Keeping your mortgage payment around 1/3 of your monthly income is a good guideline to go by.
Step 2 – Get in touch with a real estate agent
This is where we can help.
We'd like to schedule a time to get together with you and talk about your real estate needs and get an idea of your plans for the future.
We'll talk about the mortgage and housing industries, other economic factors that might affect your buying decision today or in the future, as well as neighborhoods and schools in the Ewing area.
We'll also help you get started on your loan.
There are some great mortgage professionals in Ewing, and we partner with a lot of them, so you'll be in great hands.
They will assist you in choosing which kind of loan is best for you and help you get approved.
Step 3 – Start looking
After our initial meeting, we'll start searching for homes on the market that suit your needs.
We'll research many of the homes and reject the bad ones, and then we'll book appointments to tour the houses whenever it's most convenient for you.
When we tour homes, we'll show you the good features and bad ones. we'll even ask you what things you like and dislike.
Frequently, buyers amend their wish list as we tour homes and some features become more important than others.
If that happens, we'll go back through the listings again and narrow it down to the home you've been dreaming about.
Step 4 – Know the housing market
Our knowledge of the Ewing home market is an essential advantage in your house search. We're familiar with all the neighborhoods and schools, and we'll will alert you to which districts are "hot" and warrant immediate action and the ones that are "cool" and allow for more consideration.
When we tour houses, we'll be sure to tell you if the seller's list price has room for bargaining or if we believe the house is "priced to sell."
When working with an agent, be on guard and make sure you ask a lot of questions. Any REALTOR® will claim to truly understand the home market.
If things don't add up, contact us at 6093920600 or e-mail us at email@example.com, and we'd be glad to answer any questions you may have. Our market expertise will help you stay a step above the rest through the entire process.
Step 5 – Find your dream home
We're sure we'll find the house of your dreams in the Ewing area, and when we do, we'll precisely develop your purchase offer. The offer will be written with your needs in mind. Whenever necessary, We never forget to make contracts contingent upon items like acquiring financing and the results of the home inspection.
When sending in your purchase offer, you'll likely want to present "earnest money." This is a cash deposit made to a home seller to secure the offer to buy the property, and it's typically applied to the closing costs. If the seller accepts your offer, we should close on the property about 30 to 60 days afterward. This allows ample time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of deals aren't closed on the first offer, and it's extremely common to receive a counter offer. Don't let it intimidate you. We'll figure out whether or not to consent to the counter offer, propose our own counter offer, or reject the seller's offer and go on.
How aggressively we negotiate the contract depends on market conditions.
We'll also work within your budget. And at the end of the day, we'll formulate a deal that's best for you.
Step 7 – Get your loan
Once the deal is finished, you'll start working with your mortgage lender to close the loan.
This shouldn't take long at all if you're pre-approved, but you need to keep in close contact with your mortgage lender.
And we'll take care of all the property information your mortgage lender needs to close the loan.>
Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining your closing costs from your lender within three days of receiving your loan application.
This estimate rests on the loan amount, and RESPA requirements order that it has to involve all closing costs and be within a narrow range of accuracy. we'll examine the estimate and let you know if it all looks okay.
Then it's time to close on your home. This will probably happen at a title company or escrow office and will most likely be a smooth and hassle-free affair.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything, just call us at 6093920600 or send us an e-mail.