Contemplating buying your home in Taylorsville?

Purchasing a home is an intimidating event for many people, but with some planning ahead of time, it's not too hard. I like to give buyers an outline of the entire deal so they'll know exactly what they can expect. These are my nine steps to purchasing a home. When you're ready to get started, simply contact me here or e-mail me at . I'm glad to address questions you have regarding this information.

Step 1 – Get ready to purchase
There are many things you'll want to take into account before starting your home search. You'll want to form a checklist 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. Keeping your mortgage payment less than or around 30 percent of your net monthly income is a good principle to follow.

Step 2 – Talk to a real estate agent in Taylorsville
That's where I come in. I'd love to plan a time to get together with you and communicate with you regarding why you want to buy a home and get an idea of your upcoming plans. We'll discuss everything from neighborhoods, schools in the Taylorsville area, the mortgage industry, to any other economic factors that could potentially affect your buying decision today or in the future.

In addition, I'll help you get started on your loan. There are some very good mortgage professionals in Taylorsville, and I work with a lot of them, so you can rest assured that you're in great hands. They can assist you in determining which kind of loan is best for you and help you get qualified.

Step 3 – Begin looking for a house
Following our first meeting, I'll begin searching for houses on the market that are great for you. I'll get a sneak peek of most of the homes and eliminate the duds, and then we'll schedule appointments to view the houses when it's most convenient for you.

As we view houses, I'll identify good features, as well as negative ones. I'll even ask you what things you like and don't like. Most often, buyers change their must-have list as we view houses and some features become more crucial than others. If that happens, I'll search all the listings once more and trim it down to the home you've been dreaming about.

Step 4 – Know the housing market
My knowledge of the Taylorsville home market is a necessary element in your home search. I am conscious of all the neighborhoods and school districts, and I can communicate which areas are "hot" and require immediate action and some that are "cool" and allow for thoughtful analysis.

As we view houses, 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 REALTOR in Taylorsville will tell you they understand the home market, but be wary, and make sure you ask your agent a lot of questions. If it seems like they don't know everything, contact me at 8286328863 or e-mail me at , and I'll be happy to answer any questions you might have. My understanding of the market will help you stay a step ahead throughout the entire deal.

Step 5 – Find the house you've been looking for
I'm confident we'll find the home of your dreams in Taylorsville. When that happens, I'll thoroughly develop your purchase offer. The offer will be tailored keeping your needs in mind and the home, including some contingencies, such as obtaining financing, carrying out the home inspection, and a clear title.

When we turn in 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. The amount is most often applied to the closing costs. If your 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
A lot of contracts aren't closed on the initial offer. It's pretty common to receive a counter offer. But don't let this discourage you. We'll consider whether or not to agree to the counter offer, present our own counter offer, or decline the seller's offer and go on.

Market circumstances determine how aggressively we negotiate the deal. In addition, we'll work within your budget. And when it's all said and done, we'll assemble a contract that's best for you.

Step 7 – Secure your loan
After the contract is finalized, you'll start working with your mortgage lender to close the loan. If you're pre-approved, it won't take long at all. But you'll want to keep in close contact with your lender. And I'll manage all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of taking your loan application. This estimate rests on the loan amount. RESPA requirements require that it has to contain all closing costs and fall within a precise range of accuracy, and I'll analyze the estimate and let you know if everything looks all right.

Then we'll close on your house. This should take place at a title company or escrow office and should be a smooth and relaxed affair.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, make sure you contact me at 8286328863 or e-mail me at .