Let Lake Country Real Estate, Inc. assist you in purchasing a new home in Auburn

With a little planning ahead of time, buying a home isn't all that difficult, but the event intimidates a lot of people. So they'll understand exactly what to expect, I will supply buyers with an overview of the entire deal. These are my nine steps to purchasing a home. If you have questions regarding this information or if you're prepared to get started, simply contact me here or e-mail me at .

Step 1 – Prepare to purchase
There are a lot of things you need to contemplate before beginning your home search. You'll want to make a list of must-have features, get a plan of what school districts and neighborhoods you'd like to live in, and begin planning your budget. Keeping your mortgage payment less than 1/3 of your monthly income is a good guideline to follow.

Step 2 – Talk to a real estate agent
This is where I come in. I'd be more than happy to book a time to meet with you and speak with you about why you want to buy a home and get an idea of your plans for the future. We'll discuss neighborhoods, school districts in the Auburn area, the mortgage industry, and any additional economic factors that could affect your buying decision today or in the future.

In addition, I'll assist you in getting started on your loan. There are some very good mortgage professionals in Auburn, and I work with a lot of them, so you can rest assured that you're in great hands. They will help you choose which type of loan is best for you, as well as help you get approved.

Step 3 – Start looking
After our first meeting, I'll start looking for available houses on the market that best suit you. I'll preview most of the homes and remove the duds, and then we'll book appointments to view the houses when it's convenient for you.

As we view houses, I'll show you the positive features, as well as bad ones. And I'll ask you about things you like and dislike. Generally, buyers update their must-have list as we tour houses and some items become far more important than others. If that happens, I'll search the listings once again and narrow it down to the home of your dreams.

Step 4 – Know the housing market
My awareness of the Auburn market is a necessary factor in your house search. I'm conscious of all the neighborhoods and school districts, and I'll alert you to certain areas are "hot" and demand prompt action and others that are "cold" and allow for cautiousness.

When we tour houses, I'll let you know when the seller's list price has room for negotiation and when I know the home is "priced to sell." When working with an agent, be careful and be sure to ask plenty of questions. Every real estate agent in Auburn will claim to truly understand the market. If it appears they don't know everything, call me at (315) 258-9147 or e-mail me at , and I'll be glad to answer your questions. My market knowledge will help you stay a step above the rest through the entire process.

Step 5 – Find the house you've been looking for
I know we'll find the home of your dreams in Auburn. When that happens, I'll precisely create your purchase offer. The offer will be tailored exactly to your needs and the home, including many contingencies. A few examples are getting financing, carrying out the inspection, and a clear title.

When we send in your purchase offer, you'll probably want to submit "earnest money." This is a cash deposit given to the home seller to secure the offer to buy the property. The amount is typically applied to the cost of closing. If your offer is accepted, we should close within 30 to 60 days after. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals don't close on the beginning offer – it's widely common to receive a counter offer. But don't let this intimidate you. We'll figure out whether or not to agree to the counter offer, present our own counter offer, or refuse the seller's offer and move on.

Market conditions determine how aggressively we negotiate the contract. We'll also work within your financing constraints. And when it's all said and done, we'll assemble a deal that is best for you.

Step 7 – Get financing
Upon completing the contract, you'll start working with your mortgage lender to close the loan. If you're already pre-qualified, this shouldn't take much time at all, but you'll need to keep in close contact with your lender. And I'll sort out all the property information your mortgage lender needs to close the loan.

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

Then it's time to close on your house. This will likely occur at a title company or escrow office and will most often be a smooth and hassle-free affair.

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything, make sure you contact me at (315) 258-9147 or e-mail me at .

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