6 STEPS TO YOUR NEXT HOME
1. PRE APPROVAL
-You know your price range, closing costs, and monthly payments upfront.
-Sellers request a pre-qualification letter along with an offer.
-You only looking at homes within your price range
-Using a Reputable local lender improves your chances of getting your offer accepted.
2. FIND THE HOME
After getting a thorough understanding of your new home needs, I will find homes for you that fit your needs, You may also find them on your own, send them my way and I will schedule a time to visit them.
3. MAKING THE OFFER
Once you have found your dream home, I will research market data on the home to help you will determine how much to offer, then we will present a written offer to the seller’s agent. There may be some negotiation required and the seller may accept, reject, or counter your offer.
4. INSPECTION
You generally will have 10 days to make all Inspections you choose. Some to consider:
-Home Inspection
-Radon
-Well/Septic System
-Well/Septic System
-Flood
This is also a good time to get a quote on homeowners insurance.
5. APPRAISAL
The appraisal is ordered by your lender after the inspection period is complete, no one gets to choose which appraiser will conduct the Inspection. The appraisal should come in at or above the sale price. If it comes in low we have three options:
1. The seller can reduce the price to the appraised value.
2. You and the seller can negotiate. (this may require you to put more money down)
3. You or the seller can choose to terminate the contract.
6. CLOSING DAY
The closing will be held at the Title Company, where you will sign the closing, and mortgage documents. In most cases, you will receive your keys and can begin moving in.
Be sure to bring photo ID
If moving from out of state, ask me about our remote closing options we have available.
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown：
$0 Month
Get more info from a local expert!