Buying your home in Palm Harbor

Purchasing a home is intimidating for most people. However, with a bit of up-front planning, it's not that complex. So they know exactly what they can expect, I like to furnish buyers with an outline of the whole deal. Below are my nine steps to buying a home. When you're ready to get started, just contact me here or e-mail me at . I'm glad to address questions you have about this information.

Step 1 – Get ready to purchase a home
There are many things you should contemplate prior to starting your home search. When you start your search, you'll probably want to form an index of items you want to have, get an idea of what neighborhoods you want to live in, and start planning around your budget. Ensuring your mortgage payment is less than or around 30 percent of your monthly income is a good rule of thumb to follow.

Step 2 – Talk to a real estate agent in Palm Harbor
This is where Bradshaw & Bradshaw Realty Services can help. We'll schedule a time to get together so we can talk about your real estate needs and get an idea of your upcoming plans. We'll talk about neighborhoods, schools in the Palm Harbor area, the mortgage industry, and any additional economic factors that could potentially affect your buying decision today or in the future.

In addition, I'll assist you in getting started on your loan. There are some excellent mortgage professionals in Palm Harbor, and I work with a lot of them, so you're in great hands. They will assist you with deciding which type of loan is best for you and help you get approved.

Step 3 – Start your search
After our initial meeting, I'll start looking for homes on the market that suit your needs. I'll research many of the houses and eliminate the duds, and then we'll schedule appointments to view the homes whenever it's convenient for you.

When we tour the houses, I'll point out good features and bad ones. And I'll ask you to tell us about things you like and dislike. As a rule, buyers update their list of must-haves as we view homes and some features become far more crucial than others. If such is the case, I'll go back through all the listings once again and trim it down to the home you've been wishing for.

Step 4 – Understand the housing market
My understanding of the Palm Harbor market is a crucial element in your house search. I am conscious of all the neighborhoods and school districts, and I will alert you to what areas are "hot" and demand immediate action and the ones that are "cool" and allow for thoughtful examination.

When we view homes, I'll be sure to tell you when the list price has room for negotiation and when I believe the house is "priced to sell." Any real estate agent in Palm Harbor will tell you they comprehend the home market, but be mindful, and be sure to ask your agent lots of questions. If things don't add up, contact me at 7274171290 or e-mail me at , and I'd be more than happy to answer any questions you might have. My market knowledge will keep you a step above the rest throughout the entire deal.

Step 5 – Find the home you've been waiting for
We'll find the home of your dreams in the Palm Harbor area, and when we do, I'll precisely develop your home purchase offer. The offer will be tailored keeping your needs in mind and the home, including some contingencies. A few examples are getting financing, completing the home inspection, and a clear title.

When we submit your offer, you'll probably want to present "earnest money." This is a cash deposit given to the seller to secure an 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 home about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
Most deals aren't closed on the initial offer. It's widely common to receive a counter offer. Don't let this discourage you. We'll discuss whether or not to accept the counter offer, present our own counter offer, or decline the seller's offer and move on.

How aggressively we negotiate the deal depends on the state of the market. In addition, we'll work within your financing constraints. And at the end of the day, we'll assemble a contract that is best for you.

Step 7 – Get your loan
Once we sign the final contract, you'll begin working with your lender to close the loan. If you're pre-qualified, it shouldn't take very long at all, but you should to keep in close contact with your mortgage lender. And I'll take care of all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will give you a Loan Estimate (LE) outlining your closing costs within three days of taking 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. The estimate is formed from the loan amount, and RESPA requirements order that it has to contain all closing costs and fall within a tight range of accuracy. I'll study the estimate and let you know if it all looks permissible.

Then we'll close on your house. This will probably happen at a title company or escrow office and will most likely be a smooth and comfortable occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, just call me at 7274171290 or e-mail me at .