Buying or selling a home in Auburn? Lake Country Real Estate, Inc. can help.

For a lot of people, purchasing a home can be an intimidating event. However, with a bit of planning ahead of time, it's not all that confusing. I like to supply buyers with a road map of the whole deal so they'll know exactly what to expect. Below are my nine steps to purchasing a home. When you're ready to get started, just contact me here or e-mail me at . I'm glad to answer questions you have about this information.

Step 1 – Get ready to buy a home
There are several things you need to take into account before you search for a home. When you start your search, you'll want to make a list of features you need, plan for what neighborhoods and school districts you'd like to live in, and begin planning around your budget. A good principle to follow is that your mortgage payment should be close to 1/3 of your net monthly income.

Step 2 – Connect with a real estate agent in Auburn
This is where Lake Country Real Estate, Inc. comes in. We can book a time to meet so we can talk about your real estate needs and get an idea of your plans for the future. We'll talk about neighborhoods, school districts in the Auburn area, the mortgage industry, and any other economic factors that might affect your purchase today or in the future.

I can also help you get started on your loan. There are some great mortgage professionals in Auburn, and I partner with a lot of them, so you're in great hands. They will help you choose which type of loan is best for you, as well as help you get qualified.

Step 3 – Begin looking for a house
After we meet for the first time, I'll begin searching for available houses on the market that best suit you. I'll preview most of the houses and ignore the duds, and then we'll book appointments to tour the homes whenever it's most convenient for you.

When we view the homes, I'll show you the good features, as well as bad ones. I'll also ask you what things you like and dislike. It's common for buyers to revise their must-have list as we view houses and some items become far more crucial than others. If such is the case, I'll look through all the listings once again and narrow it down to the house of your dreams.

Step 4 – Comprehend the market
My understanding of the Auburn home market is a crucial component in your house search. I'm conscious of all the schools and neighborhoods, and I'll communicate some areas are "hot" and demand prompt action and some that are "cool" and allow for careful examination.

When we tour houses, I'll be sure to tell you if the asking price has room for negotiation or if I believe the home is "priced to sell." When working with an agent, be on guard and be sure to ask lots of questions, as every real estate agent in Auburn will claim to comprehend the market. If things don't add up, just call me at (315) 258-9147 or e-mail me at , and I'll be happy to answer any questions you might have. My market expertise will help you stay a step above the rest through the entire deal.

Step 5 – Find the house you've been waiting for
I'm certain we'll find your dream house in Auburn. When we do, I'll carefully create your purchase offer. The offer will be tailored exactly to your needs and the home, including many contingencies. A few examples are acquiring financing, completing the home inspection, and a clear title.

When submitting your offer, you'll likely want to present "earnest money." This is a cash deposit submitted to a seller to secure an offer to purchase the property. The amount is typically put towards the closing costs. If the seller accepts the offer, we should close on the property within 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Unfortunately most deals don't close on the beginning offer. It's extremely common to receive a counter offer. But don't let it intimidate you. We'll talk over whether or not to consent to the counter offer, present our own counter offer, or reject the seller's offer and move on.

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

Step 7 – Secure your loan
After we sign the final deal, you'll begin working with your mortgage lender to close the loan. If you've been pre-approved, it shouldn't take much time at all. However, you should to stay in close contact with your mortgage lender. And I'll sort out all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) detailing your closing costs within three days of receiving your application. You'll get a Loan Estimate (LE) of closing costs from your lender within three days of receiving your loan application. This estimate depends on the loan amount. RESPA requirements order that it has to contain all closing costs and fall within a precise range of accuracy, and I'll go over the estimate and let you know if it all looks adequate.

Then we'll close on your house. This should happen at a title company or escrow office and will most likely be a smooth and hassle-free occurrence.

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

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