Are you purchasing your home in Glendale? Arizona Premier Realty Homes & Land LLC. can help.
With some planning ahead of time, buying a home isn't too complicated, but the event is intimidating for a lot of people. I like to supply buyers with an outline of the entire deal so they'll understand exactly what to expect. Below are my nine steps to buying a home.
Step 1 – Prepare to buy a home
Before you commence your home search, there are a lot of things you'll want to contemplate.
When you start your search, you'll want to put together a list of must-haves, get a feel for what neighborhoods you want to live in, and begin planning around your budget.
A good principle to follow is that your mortgage payment should be close to a third of your net monthly income.
Step 2 – Speak with a real estate agent
This is where I can help.
I'd be more than happy 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 plans for the future.
We'll discuss neighborhoods, school districts in the Glendale area, the mortgage and housing industries, and any other economic factors that might affect your buying decision today or in the future.
In addition, I'll assist you with getting started on your loan. There are some great mortgage professionals in Glendale, and I partner with a lot of them, so you'll be in great hands. They will assist you with choosing which type of loan is best for you and help you get qualified.
Step 3 – Start house hunting
Following our initial meeting, I'll begin finding houses on the market that are a good fit for you.
I'll research most of the houses and remove the bad ones, and then we'll schedule appointments to tour the homes at a time that's convenient for you.
As we view houses, I'll call attention to positive features and negative ones. I'll also ask you to tell me about things you like and don't like.
It's common for buyers to amend their must-have list as we view homes and some features become more necessary than others.
If that happens, I'll go back through all the listings one more time and trim it down to the home you've been waiting for.
Step 4 – Know the housing market
An agent's knowledge of the Glendale home market is a fundamental agent in your home search. And I assure you I'm mindful of all the school districts and neighborhoods, and I will communicate certain neighborhoods are "hot" and require prompt action and the rest that are "cool" and allow for cautiousness.
When we tour homes, I'll let you know if the asking price has room for bargaining or if I believe the house is "priced to sell." Any real estate agent will convince you they understand the home market, but take notice, and be sure to ask a lot of questions. If things don't add up, call me at 6235947680 or e-mail me at azpremierrealty@aol.com, and I'd be glad to answer any questions you might have. My understanding of the market will help you stay a step ahead through the entire process.
Step 5 – Find the home of your dreams
I'm confident we'll find the home of your dreams in Glendale. When we do, I'll carefully create your purchase offer. The offer will be tailored to suit your needs, including many contingencies, such as getting financing, completing the inspection, and a clear title.
When we present your purchase offer, you'll probably want to present "earnest money." This is a cash deposit submitted to a seller to secure the offer to purchase the property, and it's often put towards the closing costs. If the seller accepts your offer, we should close on the property about 30 to 60 days after. This allows enough time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of deals don't close on the beginning offer, and it's widely common to receive a counter offer. Don't let this intimidate you. We'll talk about whether or not to agree to the counter offer, present our own counter offer, or refuse the seller's offer and move 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 create a deal that's best for you.
Step 7 – Secure a loan
After we sign the final contract, you'll begin working with your lender to close the loan.
This won't be a long process at all if you're pre-approved, but you should to keep in close contact with your lender.
And I'll deal with all the property information your mortgage lender needs to close the loan.>
Then we'll close on your home. This will likely occur at a title company or escrow office and will probably be a smooth and hassle-free occurrence.
Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything, just call me at 6235947680 or send me an e-mail.