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

Buying a home intimidates many people, but with a bit of planning ahead of time, it's not very complex. So they'll understand exactly what they can expect, I like to provide buyers with an outline of the entire deal. Below are my nine steps to purchasing a home. If you have any questions regarding this information or if you're ready to get started, just contact me here or e-mail me at .

Step 1 – Prepare to buy
There are a lot of things you'll want to consider before beginning your home search. When you start your search, you'll probably want to assemble a checklist of must-have features, get a feeling for what neighborhoods you want to live in, and begin planning your budget. Keeping your mortgage payment less than a third of your net monthly income is a good rule of thumb to follow.

Step 2 – Connect with a real estate agent in Auburn
This is where I come in. I'd like to book a time to get together with you and communicate with you regarding your real estate needs and get an idea of your plans for the future. We'll discuss neighborhoods, schools in the Auburn area, the mortgage industry, and any additional economic factors that could affect your buying decision today or in the future.

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

Step 3 – Start looking
After we meet for the first time, I'll begin looking for houses on the market that meet your needs. I'll research many of the houses and remove the bad ones, and then we'll book appointments to tour the houses whenever it's most convenient for you.

When we view houses, I'll call attention to positive features and negative ones. And I'll ask you to tell us about things you like and don't like. Usually, buyers update their wish list as we tour houses and some things become more essential than others. If such is the case, I'll search the listings one more time and narrow it down to the house you've been dreaming about.

Step 4 – Know the housing market
My knowledge of the Auburn market is a necessary aspect in your home search. I'm mindful of all the schools and neighborhoods, and I will alert you to certain districts are "hot" and warrant prompt action and others that are "cool" and allow for thoughtful consideration.

When we view houses, I'll make sure to communicate if the list price has room for negotiation or if I believe the home is "priced to sell." Be on guard and be sure to ask plenty of questions, as any real estate agent will convince you they comprehend 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 more than 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 your dream home
I'm positive we'll find your dream house in the Auburn area. When that happens, I'll carefully develop your purchase offer. The offer will be made to suit your needs and the home. We'll include many contingencies, such as getting financing, finishing the home inspection, and a clear title.

When we present your purchase offer, most likely you'll need to submit "earnest money." This is a cash deposit submitted to a home seller to secure the offer to buy the property. The amount is typically put towards the closing costs. If your offer is accepted by the seller, we should close within 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Most deals don't close on the first offer. It's widely common to receive a counter offer. But don't let this discourage you. We'll discuss whether or not to take the counter offer, submit our own counter offer, or decline the seller's offer and go on.

How aggressively we negotiate the deal depends on market conditions. We'll also work within your budget. And when it's all said and done, we'll formulate a contract that works well for you.

Step 7 – Obtain financing
Once we sign the final deal, you'll start working with your lender to close the loan. If you're already pre-approved, this won't take much time at all, but you need to stay in close contact with your lender. And I'll handle 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) outlining closing costs from your mortgage lender within three days of taking your application. This estimate is formed from the loan amount, and RESPA requirements mandate that it has to involve all closing costs and be within a tight range of accuracy. I'll study the estimate and let you know if it all looks adequate.

Then we'll close on your house. This will probably occur at a title company or escrow office and is often a smooth and pleasant occasion.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, simply call me at (315) 258-9147 or e-mail me at .

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