Buying or selling a home? RE/Max Associates Northeast can help.

For most people, purchasing a home can be a stressful event. However, with a little planning ahead of time, it's not very complex. So they understand exactly what they can expect, I'll furnish buyers with an outline of the entire deal. These are my nine steps to purchasing a home. Should you have questions about any of this information or if you're ready to get started, just contact me here or e-mail me at .

Step 1 – Prepare to buy a home
There are a lot of things you'll want to contemplate before starting your home search. When you begin your search, you'll probably want to make a list of items you want to have, get a plan of what school districts you want to live in, and start planning your budget. A good rule to follow is that your mortgage payment should be less than or around a third of your net monthly income.

Step 2 – Communicate with a real estate agent
This is where RE/Max Associates Northeast can help. I'd be happy to set up a time to meet with you and speak with you regarding your real estate needs and get an idea of your plans for the future. We'll discuss everything from neighborhoods, schools in the Kingwood area, the mortgage and housing industries, to any other economic factors that could affect your purchase today or in the future.

I can also assist you with getting started on your loan. I work with some of Kingwood's best mortgage professionals, so you can rest assured that you're in great hands. They'll help you determine which kind of loan is best for you, as well as help you get qualified.

Step 3 – Start looking
After our first meeting, I'll start finding available homes on the market that suit your needs. I'll research many of the homes and eliminate the bad ones, and then we'll book appointments to view the houses when it's most convenient for you.

When we view the houses, I'll identify good features, as well as bad ones. I'll also ask you about things you like and dislike. It's pretty common for buyers to amend their wish list as we view houses and some items become more substantial than others. If such is the case, I'll search the listings once again and narrow it down to the house you've been dreaming about.

Step 4 – Know the market
My knowledge of the Kingwood home market is an essential agent in your house search. I am mindful of all the neighborhoods and schools, and I will alert you to which neighborhoods are "hot" and demand immediate action and the ones that are "cold" and allow for careful analysis.

As we tour houses, I'll make sure to communicate if the list price has room for bargaining or if I believe the home is "priced to sell." When working with an agent, trust your instincts and make sure you ask a lot of questions. Any real estate agent in Kingwood will convince you they comprehend the home market. If things don't add up, contact me at (281) 851-4438 or e-mail me at , and I'd be more than happy to answer any questions you may have. My market expertise will help you stay a step ahead throughout the entire deal.

Step 5 – Find your dream home
I'm positive we'll find the home of your dreams in the Kingwood area. When we do, I'll meticulously develop your purchase offer. The offer will be made to suit your needs and the home. We'll include a lot of contingencies, such as acquiring financing, carrying out the inspection, and a clean title.

When we present your purchase offer, you'll need to submit "earnest money." This is a cash deposit made to a seller to secure an offer to purchase the property, and it's typically put towards the cost of closing. If your offer is accepted, we should close on the home within 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of contracts aren't closed on the initial offer. It's really common to receive a counter offer. Don't let this alarm you. We'll talk over whether or not to take the counter offer, present our own counter offer, or decline the seller's offer and go on.

The state of the market will play a large role in how aggressively we negotiate the deal. In addition, we'll work within your budget. And when it's all said and done, we'll put together a contract that's best for you.

Step 7 – Obtain financing
Once we sign the final contract, you'll start working with your lender to close the loan. If you're pre-approved, it shouldn't be a long process at all, but you'll want to keep in close contact with your mortgage lender. And I'll deal with all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) of closing costs from your lender within three days of taking your application. The estimate is based on the loan amount, and RESPA requirements order that it has to contain all closing costs and be within a close range of accuracy. I'll go over the estimate and let you know if everything looks adequate.

Then it's time to close on your home. This will likely happen at a title company or escrow office and will most often be a smooth and calm occasion.

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 (281) 851-4438 or e-mail me at .

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