Let Arizona Premier Realty Homes & Land LLC. assist you with purchasing your new home here in the East Valley!! :)+
For most people, buying a home is a stressful event. But with a little planning ahead of time, it isn't very complicated. I like to give buyers an outline of the whole deal so they know exactly what to expect. Below are my nine steps to purchasing a home.
Step 1 – Prepare to buy
There are several things you'll want to consider before you start looking for a home.
When you start your search, you'll probably want to assemble an outline of items you need to have, get an idea of what neighborhoods you'd like to live in, and begin working on your budget.
Ensuring your mortgage payment is less than or around 30 percent of your net monthly income is a good principle to go by.
Step 2 – Contact a real estate agent
That's where I can help.
I'd love to arrange 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 East Valley area, the mortgage industry, to any other economic factors that may potentially affect your purchase today or in the future.
In addition, I'll assist you with getting started on your loan. Arizona Premier Realty Homes & Land LLC. partners with some of the best mortgage professionals here in the East Valley, so you can rest assured that you're in great hands. They'll assist you in figuring out which kind of loan is best for you and help you get approved.
Step 3 – Begin looking for a home
After we meet for the first time, I'll start searching for available homes on the market that are a good fit for you.
I'll preview many of the homes and eliminate the duds, and then we'll schedule appointments to tour the houses whenever it's convenient for you.
As we tour homes, I'll point out positive features, as well as negative ones. I'll even ask you about things you like and don't like.
It's widely common for buyers to amend their must-have list as we view houses and some items become far more crucial than others.
If that's the case, I'll look through the listings once again and narrow it down to the home you've been waiting for.
Step 4 – Understand the market
An agent's knowledge of the East Valley market is a fundamental agent in your house search. And I can assure you I'm informed of all the neighborhoods and school districts, and I can let you know which neighborhoods are "hot" and warrant immediate action and the ones that are "cold" and allow for thoughtful consideration.
As we view houses, I'll make sure to communicate when the list price has room for negotiation and also when I think the house is "priced to sell." Every real estate agent here in the East Valley will tell you they comprehend the housing market, but trust your instincts, and make sure you ask lots of questions. If things don't add up, just call me at 480-487-9397 and/or e-mail me at: tamarasellsazrealestate@gmail.com , and I'll be glad to answer any questions you might have. My knowledge of the market will help you stay a step above the rest throughout the entire deal!!:)+
Step 5 – Find your dream house
I'm certain we'll find your dream home here in the East Valley!! :)+ When that happens, I'll precisely develop your real estate purchase offer. The offer will be tailored keeping your needs in mind, including several contingencies. A few examples are obtaining financing, carrying out the home inspection, and a clear title.
When we present your offer, you'll need to present "earnest money." This is a cash deposit made to the seller to secure an offer to purchase the property, and it's most often put towards the closing costs. If the seller accepts the offer, we should close about 30 to 60 days after. This allows enough time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts don't close on the initial offer. It's widely common to receive a counter offer. But don't let it alarm you. We'll discuss whether or not to consent to the counter offer, submit our own counter offer, or reject the seller's offer and go on.
How aggressively we negotiate the contract depends on market circumstances. In addition, we'll work within your financing budget. And at the end of the day, we'll create a deal that is best for you.
Step 7 – Get financing
Once the deal is finished, you'll start working with your mortgage lender to close the loan.
If you're already pre-qualified, it won't take much time at all, but you should to stay in close contact with your mortgage lender.
And I'll look after all the property information your lender will need to close the loan.>
Then it's time to close on your house. This will most often happen at a title company or escrow office and is often a smooth and pleasant occurrence.
Step 9 – Move in
You made it! Now you can move into your new house. Enjoy it!! :)+ And if you have any questions, be sure to contact me at 480-487-9397 or send me an e-mail.