Let DRB Realty & Properties LLC help you with buying your new home in Swainsboro
Buying a home can be stressful for many people, but with some up-front planning, it isn't that complicated.
So they know exactly what they can expect, I will provide buyers with a road map of the entire deal.
Here are my nine steps to purchasing a home.
When you're ready to get started, you can 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 contemplate prior to beginning your home search.
It's likely that you'll want to make an index of features you need, get a feel for what school districts you'd like to live in, and begin working on your budget.
Ensuring your mortgage payment is less than or close to a third of your net monthly income is a good rule to go by.
Step 2 – Communicate with a real estate agent
That's where I 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 discuss the mortgage industry, other economic factors that may affect your purchase today or in the future, as well as neighborhoods and schools in the Swainsboro area.
I can also assist you in getting started on your loan.
There are some very good mortgage professionals in Swainsboro, and I partner with a lot of them, so you'll be in great hands.
They'll help you decide which kind of loan is best for you, as well as help you get qualified.
Step 3 – Start looking for a home
After our first meeting, I'll start finding available homes on the market that are a great fit for you.
I'll research many of the houses and reject the bad ones, and then we'll schedule appointments to tour the homes whenever it's convenient for you.
When we tour homes, I'll point out good features and negative ones. I'll even ask you to point out what things you like and dislike.
It's pretty common for buyers to update their must-have list as we tour homes and some features become more necessary than others.
If that's the situation, I'll look through the listings once again and narrow it down to the house you've been waiting for.
Step 4 – Get a grasp of the market
My awareness of the Swainsboro housing market is an imperative agent in your home search. I'm acquainted with all the neighborhoods and schools, and I'll communicate what districts are "hot" and call for prompt action and some that are "cool" and allow for thoughtful analysis.
When we tour houses, I'll be sure to tell you if the list price has room for negotiation or if I believe the home is "priced to sell."
Every REALTOR will claim to truly know the market, but take notice, and make sure you ask your agent lots of questions.
If it doesn't seem like they know everything, contact me at 478-237-7292 or e-mail me at , and I'll be happy to answer any questions you may have. My market expertise will help you stay a step above the rest through the entire process.
Step 5 – Find the house of your dreams
I'm sure we'll find your dream house in Swainsboro. When that happens, I'll carefully create your home purchase offer. The offer will be tailored exactly to your needs and the home, including some contingencies, such as obtaining financing, carrying out the home inspection, and a clear title.
When sending in your purchase offer, you'll want to submit "earnest money." This is a cash deposit made to the home seller to secure an offer to purchase the property and is usually applied to the cost of closing. If the offer is accepted by the seller, we should close on the home within 30 to 60 days afterward. This allows enough time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of contracts aren't closed on the beginning offer, and it's pretty common to receive a counter offer. Don't let it discourage you. We'll discuss whether or not to take the counter offer, present our own counter offer, or reject the seller's offer and move on.
Market conditions will play a vital role in how aggressively we negotiate the contract.
We'll also work within your financing limits. And when it's all said and done, we'll create a contract that's best for you.
Step 7 – Secure financing
After we sign the final contract, you'll start working with your mortgage lender to close the loan.
It won't take much time at all if you've been pre-qualified, but you'll need to keep in close contact with your lender.
And I'll take care of all the property information your mortgage lender needs to close the loan.
Step 8 – Close the deal
Your lender will send you a Loan Estimate (LE) of your closing costs within three days of taking your loan application. You'll get a Loan Estimate (LE) of closing costs from your mortgage lender within three days of getting your loan application.
This estimate depends on the loan amount, and RESPA requirements order that it has to include all closing costs and be within a precise range of accuracy. I'll review the estimate and let you know if it all looks permissible.
Then we'll close on your home. This should occur at a title company or escrow office and will most often be a smooth and peaceful affair.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, simply contact me at 478-237-7292 or e-mail me at .