Let Shelton Land & Homes, LLC assist you in purchasing your home in Shelton
Buying a home can be stressful for a lot of people, but with a bit of planning ahead of time, it's not too hard.
So they'll know exactly what to expect, I like to provide buyers with an overview of the entire deal.
Here 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 happy to address any questions you have regarding this information.
Step 1 – Prepare to buy
There are a lot of things you'll want to consider prior to beginning your home search.
You'll probably want to form an outline of items you need to have, get a feeling for what school districts and neighborhoods you'd like to live in, and start planning your budget.
Ensuring your mortgage payment is less than 1/3 of your monthly income is a good principle to go by.
Step 2 – Contact a real estate agent in Shelton
That's where I come in.
I'd like to arrange a time to get together with you and speak with you about your real estate needs and get an idea of your upcoming plans.
We'll discuss the mortgage industry, other economic factors that could potentially affect your purchase today or in the future, as well as neighborhoods and school districts in the Shelton area.
I'll also assist you in getting started on your loan.
There are some very good mortgage professionals in Shelton, and I work with a lot of them, so you can rest assured that you're in great hands.
They'll help you determine which type of loan is best for you, as well as help you get qualified.
Step 3 – Begin looking for a house
After our initial meeting, I'll start looking for homes on the market that are a good fit for you.
I'll research most of the homes and remove the duds, and then we'll book appointments to tour the homes when it's most convenient for you.
When we view houses, I'll show you the good features and bad ones. I'll even ask you about things you like and dislike.
It's widely common for buyers to update their wish list as we tour houses and some things become far more essential than others.
If such is the case, I'll look through the listings another time and narrow it down to the home you've been dreaming about.
Step 4 – Get a grasp of the market
My knowledge of the Shelton market is a fundamental element in your home search. I am conscious of all the neighborhoods and school districts, and I'll let you know some neighborhoods are "hot" and call for prompt action and some that are "cold" and allow for cautiousness.
As we tour homes, I'll let you know if the list price has room for bargaining or if I believe the home is "priced to sell."
When working with an agent, trust your instincts and be sure to ask a lot of questions. Every REALTOR in Shelton will claim to truly know the home market.
If it doesn't seem like they know everything, call me at (360) 426-5555 or e-mail me at , and I'll be more than happy to answer any questions you have. My market expertise will keep you a step above the rest throughout the entire deal.
Step 5 – Find your dream home
We'll find the home of your dreams in Shelton, and when that happens, I'll meticulously create your purchase offer. The offer will be tailored to suit your needs and the home, including many contingencies. A few examples are getting financing, completing the home inspection, and a clear title.
When we present your offer, most likely you'll need to submit "earnest money." This is a cash deposit made to the home seller to secure an offer to purchase the property and is typically put towards the cost of closing. If the seller accepts the offer, we should close on the home about 30 to 60 days after. This allows enough time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts don't close on the first offer – it's very common to receive a counter offer. Don't let it intimidate you. We'll talk over whether or not to agree to the counter offer, present our own counter offer, or reject the seller's offer and go on.
The state of the market determines how aggressively we negotiate the contract.
We'll also work within your financing budget. And when it's all said and done, we'll formulate a contract that's best for you.
Step 7 – Secure a loan
Once the deal is finished, you'll start working with your mortgage lender to close the loan.
This won't take very long at all if you've been pre-approved, but you should to keep in close contact with your mortgage lender.
And I'll sort out all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your lender will provide you with a Loan Estimate (LE) detailing closing costs within three days of getting your loan application. You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of receiving your loan application.
This estimate is based on the loan amount. RESPA requirements require that it has to contain all closing costs and be within a narrow range of accuracy, and I'll study the estimate and let you know if everything looks okay.
Then we'll close on your home. This should occur at a title company or escrow office and will probably be a smooth and calm occasion.
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 (360) 426-5555 or e-mail me at .