Buying or selling a home?

Purchasing a home is intimidating for a lot of people, but with a bit of planning ahead of time, it's not too difficult. I like to give buyers an outline of the whole deal so they understand exactly what they can expect. Here are my nine steps to purchasing a home. Should you have questions about any of this information or if you're ready to get started, simply contact me here or e-mail me at .

Step 1 – Get ready to buy a home
There are many things you should do prior to starting your home search. It's likely that you'll want to create a list of features you want to have, get an idea of what neighborhoods you want to live in, and start planning your budget. A good guideline to go by is that your mortgage payment should be less than or around 1/3 of your net monthly income.

Step 2 – Talk to a real estate agent
That's where I come in. I'd be more than happy to arrange a time to meet with you and speak with you about why you want to buy a home and get an idea of your upcoming plans. We'll talk about everything from neighborhoods, schools in the Naples area, the mortgage industry, to any other economic factors that may potentially affect your purchase today or in the future.

I'll also help you get started on your loan. I partner with some of Naples's best mortgage professionals, so you can rest assured that you're in great hands. They can assist you in figuring out which kind of loan is best for you and help you get approved.

Step 3 – Start house-hunting
After we meet, I'll begin looking for available houses on the market that are a great fit for you. I'll research most of the homes and throw out the duds, and then we'll book appointments to tour the houses at a time that's convenient for you.

When we tour the houses, I'll point out positive features, as well as negative ones. I'll also ask you about things you like and dislike. It's widely common for buyers to update their list of must-haves as we view houses and some things become far more substantial than others. If that's the situation, I'll look through all the listings once more and narrow it down to the house you've been waiting for.

Step 4 – Know the market
My awareness of the Naples home market is a leading aspect in your house search. I'm conscious of all the school districts and neighborhoods, and I can let you know some areas are "hot" and demand prompt action and others that are "cold" and allow for careful analysis.

When we view houses, I'll make sure to communicate if the asking price has room for negotiation or if I believe the house is "priced to sell." Any REALTOR will convince you they truly know the home market, but be mindful, and make sure you ask a lot of questions. If things don't add up, just call me at 866-300-1550 or e-mail me at , and I'd be glad to answer any questions you may have. My knowledge of the market will keep you a step ahead throughout the entire deal.

Step 5 – Find the house you've been waiting for
I'm positive we'll find your dream house in Naples. When that happens, I'll thoroughly create your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including a lot of contingencies, such as obtaining financing, carrying out the home inspection, and a clear title.

When submitting your offer, you'll want to submit "earnest money." This is a cash deposit made to the home seller to secure the offer to buy the property, and it's usually 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 sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals don't close on the first offer, and it's very common to receive a counter offer. But don't let this alarm you. We'll talk about whether or not to consent to the counter offer, present our own counter offer, or decline the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the deal. In addition, we'll work within your financing budget. And at the end of the day, we'll assemble a contract that is best for you.

Step 7 – Obtain a loan
Upon completing the contract, you'll start working with your lender to close the loan. If you've been pre-qualified, this shouldn't take very long at all. However, you'll need to keep in close contact with your mortgage lender. And I'll care for all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) of closing costs within three days of getting your loan application. You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of receiving your application. This estimate is based on the loan amount. RESPA requirements mandate that it has to contain all closing costs and fall within a close range of accuracy, and I'll examine the estimate and let you know if everything looks adequate.

Then it's time to close on your home. This will most likely happen at a title company or escrow office and will most often be a smooth and easygoing 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 call me at 866-300-1550 or e-mail me at .

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