Are you buying your home in Cary? Safe Harbour Properties, LLC can help.
With a little up-front planning, buying a home isn't very hard, but it still is intimidating for a lot of people.
So you'll understand exactly what to expect, we like to provide our buyers with an overview of the whole deal.
Here are our nine steps to purchasing a home.
When you're ready to get started, simply contact us here or send us e-mail
. We're glad to address any questions you have regarding this information.
Step 1 – Prepare to purchase a home
There are plenty of things you should take into account prior to commencing your home search.
You'll probably want to form a checklist of features you want to have, get an idea of what neighborhoods you'd like to live in, and begin working on your budget.
Keeping your mortgage payment less than a third of your monthly income is a good principle to go by.
Step 2 – Get in touch with a real estate agent
This is where Safe Harbour Properties, LLC can help.
We'd be happy to plan a time to get together with you and communicate with you about your real estate needs and get an idea of your plans for the future.
We'll discuss neighborhoods, schools in the Cary area, the mortgage and housing industries, and any other economic factors that may affect your buying decision today or in the future.
We'll also help you get started on your loan.
There are some great mortgage professionals in Cary, and we work with a lot of them, so you can rest assured that you're in great hands.
They can assist you with determining which type of loan is best for you and help you get qualified.
Step 3 – Begin looking
After we meet, we'll begin finding houses on the market that are a great fit for you.
We'll get a sneak peek of many of the houses and remove the duds, and then we'll schedule appointments to view the homes when it's most convenient for you.
When we view houses, we'll identify positive features and bad ones. And we'll ask you to point out what things you like and dislike.
Frequently, buyers amend their list of must-haves as we view homes and some things become more important than others.
If that happens, we'll search the listings once again and trim it down to the home you've been wishing for.
Step 4 – Know the market
Our awareness of the Cary home market is a valuable advantage in your search. We are familiar with all the school districts and neighborhoods, and we can communicate which areas are "hot" and warrant prompt action and the others that are "cold" and allow for more analysis.
As we tour houses, we'll be sure to tell you if the seller's asking price has room for bargaining or if we believe the home is "priced to sell."
Be careful and make sure you ask your agent plenty of questions, as every real estate agent in Cary will tell you they understand the market.
If things don't add up, call us at 919-800-1050 or e-mail us at email@example.com, and we'll be happy to answer any questions you may have. Our understanding of the market will keep you a step above the rest throughout the entire deal.
Step 5 – Find your dream house
We're certain we'll find the house of your dreams in the Cary area. When that happens, we'll precisely create your purchase offer. The offer will be tailored keeping your needs in mind, including many contingencies. A few examples are obtaining financing, finishing the inspection, and a clean title.
Upon sending in your offer, you'll want to present "earnest money." This is a cash deposit submitted to the seller to secure the offer to buy the property and is usually put towards the closing costs. If the offer is accepted, we should close about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate
A lot of deals aren't closed on the first offer. It's really common to receive a counter offer. But don't let it discourage you. We'll figure out whether or not to take the counter offer, submit our own counter offer, or decline the seller's offer and go on.
How aggressively we negotiate the contract depends on market circumstances.
We'll also work within your financing limits. And when it's all said and done, we'll compose a contract that is best for you.
Step 7 – Get a loan
Upon completion of the contract, you'll begin working with your lender to close the loan.
If you're pre-qualified, this shouldn't be a long process at all. But you should to stay in close contact with your lender.
And we'll sort out all the property information your lender will need to close the loan.>
Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of taking your application.
This estimate depends on the loan amount, and RESPA requirements order that it has to include all closing costs and fall within a strict range of accuracy. we'll examine the estimate and let you know if everything looks permissible.
Then it's time to close on your home. This will probably happen at a title company or escrow office and will probably be a smooth and easygoing occasion.
Step 9 – Move in
Success! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, be sure to contact us at 919-800-1050 or send us an e-mail.