Are you looking to purchase a home in BAKERSFIELD? Premier Realty can help.
With some up-front planning, buying a home isn't all that complicated, but it still is intimidating for many people. So you'll know exactly what to expect, we like to furnish our buyers with an outline of the whole deal. These are our nine steps to buying a home.
Should you have any questions regarding this information or if you're ready to get started, simply contact us here or send e-mail to firstname.lastname@example.org
Step 1 – Prepare to purchase a home
There are many things you should consider before you start searching for a home. When you start your search, you'll probably want to create an index of items you want, get an idea of what school districts and neighborhoods you'd like to live in, and start planning around your budget. Ensuring your mortgage payment is around a third of your monthly income is a good guideline to go by.
Step 2 – Contact a real estate agent in BAKERSFIELD
This is where Premier Realty can help. We'll schedule a time to get together so we can talk about why you want to buy a home and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the BAKERSFIELD area, the mortgage and housing industries, and any other economic factors that could potentially affect your buying decision today or in the future.
We can also assist you with getting started on your loan. We partner with some of the best mortgage professionals in BAKERSFIELD, so you're in great hands. They will help you decide which kind of loan is best for you, as well as help you get approved.
Step 3 – Begin your home search
Following our first meeting, we'll start finding houses on the market that are a good fit for you. We'll get a sneak peek of many of the homes and reject the duds, and then we'll set up appointments to tour the homes at a time that's convenient for you.
As we view the houses, we'll point out positive features and negative ones. we'll even ask you to point out what things you like and don't like. Usually, buyers change their list of must-haves as we tour houses and some things become far more important than others. If such is the case, we'll look through all the listings once more and narrow it down to the house you've been wishing for.
Step 4 – Get a grasp of the market
Our awareness of the BAKERSFIELD market is a crucial advantage in your search. We are conscious of all the school districts and neighborhoods, and we will let you know some districts are "hot" and warrant immediate action and the others that are "cool" and allow for cautiousness.
As we view houses, we'll make sure to communicate if the asking price has room for bargaining or if I believe the house is "priced to sell." Trust your instincts and make sure you ask plenty of questions, as every real estate agent will claim to comprehend the home market. If things don't add up, call us at (661) 215-2017 or e-mail us at email@example.com, and we'll be more than happy to answer any questions you may have. Our market knowledge will help you stay a step above the rest throughout the entire process.
Step 5 – Find the home you've been looking for
We know we'll find the home of your dreams in the BAKERSFIELD area. When we do, we'll thoroughly create your purchase offer. The offer will be tailored exactly to your needs, including several contingencies, such as acquiring financing, finishing the home inspection, and a clear title.
Upon turning in your purchase offer, you'll probably need to present "earnest money." This is a cash deposit made to a home seller to secure an offer to purchase the property and is most often put towards the cost of closing. If the seller accepts your offer, we should close on the home within 30 to 60 days after. This allows enough time for your mortgage financing.
Step 6 – Negotiate
Most contracts don't close on the initial offer, and 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, propose our own counter offer, or reject the seller's offer and go on.
How aggressively we negotiate the deal depends on market conditions. In addition, we'll work within your budget. And when it's all said and done, we'll create a deal that's best for you.
Step 7 – Obtain financing
Once the deal is finished, you'll start working with your mortgage lender to close the loan. If you've been pre-qualified, it won't be a long process at all. However, you need to stay in close contact with your lender. And we'll take care of all the property information your lender needs to close the loan.>
Step 8 – Close the deal
You'll get a Good Faith Estimate (GFE) of your closing costs from your lender within three days of taking your application. The estimate is based on the loan amount, and RESPA requirements mandate that it has to contain all closing costs and fall within a precise range of accuracy. we'll analyze the estimate and let you know if everything looks okay.
Then it's time to close on your home. This should occur at a title company or escrow office and will most likely be a smooth and calm occurrence.
Step 9 – Move in
Success! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, simply call us at (661) 215-2017 or send us an e-mail.