Buying or selling a home in Topton?

Purchasing a home is stressful for most people, but it isn't all that confusing with a little up-front planning. So they understand exactly what they can expect, I like to provide buyers with an overview of the entire deal. Here are my nine steps to purchasing a home. When you're ready to get started, simply contact me here or e-mail me at . I'm glad to address any questions you have about this information.

Step 1 – Prepare to buy a home
There are plenty of things you should take into account before you start searching for a home. When you begin your search, you'll probably want to put together an outline of items you need, get a feeling for what school districts and neighborhoods you want to live in, and start working on your budget. Keeping your mortgage payment around 30 percent of your monthly income is a good guideline to adhere to.

Step 2 – Get in touch with a real estate agent
This is where Nantahala Real Estate Company, INC can help. We can arrange a time to get together so we can talk about your real estate needs and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the Topton area, the mortgage industry, and any additional economic factors that may affect your purchase today or in the future.

I'll also assist you with getting started on your loan. I work with some of the finest mortgage professionals in Topton, so you'll be in great hands. They will assist you with deciding which kind of loan is best for you and help you get qualified.

Step 3 – Begin your home search
Following our initial meeting, I'll begin finding available homes on the market that meet your needs. I'll preview most of the houses and ignore the bad ones, and then we'll schedule appointments to tour the homes whenever it's convenient for you.

As we tour the homes, I'll point out positive features, as well as negative ones. I'll even ask you to talk about things you like and don't like. It's widely common for buyers to revise their must-have list as we tour homes and some things become more important than others. If such is the case, I'll look through the listings another time and narrow it down to the house of your dreams.

Step 4 – Know the market
An agent's awareness of the Topton housing market is a crucial element in your house search. And I can assure you I'm conscious of all the neighborhoods and schools, and I will alert you to some neighborhoods are "hot" and warrant prompt action and the ones that are "cold" and allow for thoughtful consideration.

When we view homes, I'll make sure to communicate if the asking price has room for negotiation or if I believe the house is "priced to sell." Every real estate agent in Topton will convince you they know the housing market, but take note, and make sure you ask your agent a lot of questions. If it seems like they don't know everything, call me at 8283213101 or e-mail me at , and I'd be more than happy to answer any questions you might have. My understanding of the market will keep you a step above the rest through the entire deal.

Step 5 – Find the house you've been waiting for
We'll find the home of your dreams in Topton, and when we do, I'll carefully develop your real estate purchase offer. The offer will be tailored to suit your needs and the home, including many contingencies. A few examples are getting financing, finishing the inspection, and a clear title.

When we turn in your offer, you'll probably need to present "earnest money." This is a cash deposit submitted to the seller to secure an offer to purchase the property and is often put towards the cost of closing. If the offer is accepted, we should close on the property about 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts don't close on the first offer. It's really common to receive a counter offer. But don't let this discourage you. We'll talk about whether or not to take the counter offer, propose 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 budget. And when it's all said and done, we'll formulate a deal that works well for you.

Step 7 – Obtain a loan
After the deal is finished, you'll start working with your mortgage lender to close the loan. This won't take very long at all if you've been pre-qualified, but you should to keep in close contact with your lender. And I'll take care of all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your lender will furnish you with a Loan Estimate (LE) of your closing costs within three days of accepting your loan application. You'll get a Loan Estimate (LE) detailing closing costs from your mortgage lender within three days of receiving your loan application. This estimate rests on the loan amount, and RESPA requirements require that it has to include all closing costs and be within a close range of accuracy. I'll analyze the estimate and let you know if it all looks okay.

Then we'll close on your house. This will probably happen at a title company or escrow office and is often a smooth and hassle-free occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, simply call me at 8283213101 or e-mail me at .