Contemplating buying your new home in Taylorsville?

Purchasing a home is stressful for most people. However, with a bit of up-front planning, it's not all that difficult. I like to give buyers an overview of the whole deal so they'll know exactly what they can expect. 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 – Prepare to buy
Before you begin looking for a home, there are a lot of things you need to do. You'll probably want to form an outline of items you need, get an idea of what school districts you want to live in, and start working on your budget. Ensuring your mortgage payment is less than or close to 1/3 of your net monthly income is a good guideline to adhere to.

Step 2 – Get in touch with a real estate agent in Taylorsville
That's where I can help. We can schedule a time to get together so we can talk about your real estate needs and get an idea of your future plans. We'll talk about everything from neighborhoods, schools in the Taylorsville area, the mortgage industry, to any other economic factors that may affect your purchase today or in the future.

In addition, I'll assist you with getting started on your loan. I work with some of the best mortgage professionals in Taylorsville, so you'll be in great hands. They will assist you in deciding which kind of loan is best for you and help you get approved.

Step 3 – Start your search
After our first meeting, I'll start searching for available homes on the market that are great for you. I'll research many of the homes and exclude the duds, and then we'll set up appointments to view the homes whenever it's convenient for you.

When we view houses, I'll call attention to positive features, as well as bad ones. And I'll ask you to talk about things you like and dislike. Usually, buyers revise their must-have list as we tour houses and some items become far more substantial than others. If that happens, I'll look through the listings once again and trim it down to the home you've been wishing for.

Step 4 – Comprehend the housing market
My knowledge of the Taylorsville market is a crucial factor in your house search. I am informed of all the school districts and neighborhoods, and I can communicate what areas are "hot" and require prompt action and some that are "cold" and allow for careful examination.

When we tour homes, I'll be sure to tell you if the asking price has room for bargaining or if I believe the house is "priced to sell." When working with an agent, trust your instincts and make sure you ask lots of questions, as every REALTOR in Taylorsville will tell you they truly know the home market. If it seems like they don't know everything, contact me at 8286323712 or e-mail me at , and I'd be happy to answer any questions you might have. My market knowledge will keep you a step ahead throughout the entire process.

Step 5 – Find the home you've been waiting for
We'll find your dream home in the Taylorsville area, and when that happens, I'll carefully develop your home purchase offer. The offer will be tailored exactly to your needs and the home, including several contingencies, such as getting financing, carrying out the inspection, and a clean title.

When we present your purchase offer, most likely you'll want to submit "earnest money." This is a cash deposit given to a home seller to secure the offer to buy the property. The amount is typically put towards the closing costs. If the offer is accepted by the seller, we should close on the property about 30 to 60 days afterward. This allows enough time for your mortgage financing.

Step 6 – Negotiate
Most deals aren't closed on the first offer – it's pretty common to receive a counter offer. But don't let it discourage you. We'll talk about whether or not to consent to the counter offer, submit our own counter offer, or refuse the seller's offer and move on.

How aggressively we negotiate the deal depends on market circumstances. We'll also work within your budget. And at the end of the day, we'll compose a contract that is best for you.

Step 7 – Get your loan
After we sign the final contract, you'll begin working with your lender to close the loan. It shouldn't take much time at all if you've been pre-qualified, but you should to keep in close contact with your lender. And I'll take care of all the property information your lender will need 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 receiving your application. This estimate is based on 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 it all looks all right.

Then it's time to close on your house. This should occur at a title company or escrow office and will most often be a smooth and stress-free affair.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, be sure to contact me at 8286323712 or e-mail me at .