Are you looking to buy a home in Auburn? Lake Country Real Estate, Inc. can help.

Purchasing a home is stressful for many people, but with a bit of up-front planning, it isn't too difficult. So they know exactly what they can expect, I will furnish buyers with a road map of the entire deal. Here are my nine steps to purchasing a home. If you have any questions about 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 should take into account prior to beginning your home search. When you begin your search, you'll want to put together a check list of items you want, get a plan of what neighborhoods and school districts you'd like to live in, and start working on your budget. Keeping your mortgage payment around 1/3 of your net monthly income is a good guideline to go by.

Step 2 – Talk to a real estate agent in Auburn
That's where I come in. We'll schedule a time to meet so we can talk about your real estate needs and get an idea of your upcoming plans. We'll talk about the mortgage industry, other economic factors that might affect your buying decision today or in the future, as well as neighborhoods and schools in the Auburn area.

In addition, I'll help you begin the loan process. There are some excellent mortgage professionals in Auburn, and I work with a lot of them, so you're in great hands. They can help you decide which type of loan is best for you, as well as help you get approved.

Step 3 – Begin looking for a home
After our initial meeting, I'll start searching for homes on the market that are great for you. I'll get a sneak peek of most of the homes and exclude the bad ones, and then we'll schedule appointments to tour the houses when it's most convenient for you.

When we tour the homes, I'll point out good features and bad ones. I'll even ask you to talk about things you like and dislike. For the most part, buyers amend their must-have list as we tour homes and some items become more necessary than others. If such is the case, I'll go back through all the listings once more and narrow it down to the home you've been dreaming about.

Step 4 – Know the market
An agent's knowledge of the Auburn housing market is a necessary component in your house search. And I can assure you I'm acquainted with all the school districts and neighborhoods, and I can alert you to what areas are "hot" and warrant prompt action and the ones that are "cold" and allow for careful examination.

When we view houses, I'll make sure to communicate when the asking price has room for bargaining and also when I know the home is "priced to sell." When working with an agent, be mindful and make sure you ask a lot of questions. Any REALTOR will convince you they truly understand the housing market. If things don't add up, call me at (315) 258-9147 or e-mail me at , and I'd be happy to answer any questions you might have. My understanding of the market will keep you a step above the rest through the entire deal.

Step 5 – Find the house you've been looking for
I'm positive we'll find your dream house in the Auburn area. When that happens, I'll thoroughly develop your home purchase offer. The offer will be tailored with your needs in mind and the home, including many contingencies. A few examples are acquiring financing, completing the inspection, and a clear title.

Upon submitting your purchase offer, you'll probably want to submit "earnest money." This is a cash deposit made to the home seller to secure the offer to buy the property and is typically applied to the cost of closing. If the seller accepts the offer, we should close on the property about 30 to 60 days afterward. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts don't close on the first offer, and it's widely common to receive a counter offer. But don't let it discourage you. We'll consider whether or not to agree to the counter offer, submit our own counter offer, or refuse the seller's offer and go on.

The state of the market will play a vital role in how aggressively we negotiate the contract. In addition, we'll work within your financing budget. And when it's all said and done, we'll compose a deal that works well for you.

Step 7 – Secure financing
Upon finalizing the deal, you'll begin working with your mortgage lender to close the loan. If you've been pre-approved, this won't take much time at all. But you'll want to stay in close contact with your lender. And I'll take care of all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
Your lender will supply you with a Loan Estimate (LE) outlining your closing costs within three days of taking your application. You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of accepting your application. The estimate rests on the loan amount. RESPA requirements mandate that it has to contain all closing costs and be within a precise range of accuracy, and I'll review the estimate and let you know if everything looks good.

Then we'll close on your house. This will most likely take place at a title company or escrow office and will most likely be a smooth and relaxed occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, make sure you call me at (315) 258-9147 or e-mail me at .

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