It seems obvious, but it's good to note that the first step to buying a house is making the decision to buy. Consider the reasons you want a new house and write them down. Determine how long you want to live in the new house - does buying still make good financial sense? Can you afford a house that will meet your list of requirements. Jolita and Kevin Wagoner will quickly guide you in the loan approval process.
Step 2 - Seek Professional Guidance
Jolita and Kevin would like to schedule a time to personally meet with you to confirm the reasons you want to buy a house and your plans for the future. We'll talk about neighborhoods, schools, economic factors which affect the market today and in the future, as well as how you would like your house and neighborhood to grow with you. Your time is valuable and we do not waste it.
Step 3 - Begin the Hunt
After our initial discussion, Jolita and Kevin will search the CURRENT resources for houses on the market that fit your criteria. We will preview these houses to eliminate the duds. We will schedule appointments to tour the houses at times convenient to you. Your time is valuable., and so is ours.
As we tour houses, we will point out positive features and negative features asking you to tell us what you like and what you don't like. You'll probably amend your "wish list" as we tour houses, some things will become more important and others less important. With this new information, we willo quickly refine our search criteria to narrow in on the house which truely meets your needs.We will NOT show you a property which we are aware of that does not fit your needs profile.
Step 4 - Know the Market
Our knowledge of the local market is an essential factor in the property search. Jolita and Kevin will let you know when the market in a particular neighborhood is "hot" and requires immediate action or when the market is "cool" and allows for thoughtful consideration.
As we targer homes fitting your needs,we will let you know when the asking price has negotiating room and when the house is "priced to sell". Our specific market knowledge will keep you a step ahead of the "house hunting competition".
In a "seller's market". It is not unusual to see multiple offers on a property, full-price offers and even above-price offers. On the flip side, during a "buyer's market" there are more houses for sale than buyers. This gives us more negotiating room as houses are taking longer to sell while property values adjust to market conditions.
Step 5 - Find The Property which fits YOUR Needs.
Jolita and Kevin know we can find the property which fits your criteria. When we do, we will put together the purchase offer tailored for your needs including appropriate contingencies (such as obtaining financing if required, favorable home inspection, clear title, closing date,etc.).
The offer is normally presented with "earnest money". This is a cash deposit made to a home seller to secure an offer to buy the property. The amount is applied to closing costs. If the seller accepts the offer, generally closing is held 30 to 60 days from the offer date (dependent on the successful completion of all the steps in the process). Jolita and Kevin truely act in your behalf as we have a "hands on approach" during the closing process.
Step 6 - Negotiate the Deal
It is not uncommon to receive a counter offer when the initial purchase offer is submitted. Don't let this discourage you. We will discuss the counter offer with you and assist you as decide whether or not to accept the counter offer, submit your own counter offer, or reject the counter offer and move on. We know your time is valuable.
Market conditions will play a role in how aggressively we negotiate the deal. We will also work within your limits. Emotions can lead to buyer's remorse. It is better to set limits prior to negotiating an offer and stick to these limits. As professionals we keep the emotions out of the deal.
Step 7 - Get a Loan
During the closing period, you will be working with your mortgage lender to close the loan. Under typical conditions, you pre-qualified for the loan before starting your home search, you are now that much closer to the end. Jolita and Kevin will gather the necessary property information your lender will need to close the loan.
Step 8 - Close the Deal
You will normally receive a "Good Faith Estimate" of closing costs typically within three days from the day the loan application is received by your lender. The ESTIMATE is based on the loan officer's past experience and may not include all the closing costs. Jolita is a Real estate Broker with the skills to review the "Good Faith Estimate," answering your questions about costs and estimates which could possibly change as the closing date approaches. Jolita is not liable for these figures as they are estimates from your lender.
Step 9 - Move In
Congratulations! It's time take possession of your new house and make it your home, second home, vacation property or your investment property.. Enjoy this exciting time. Jolita and kevin will give you a checklist to help you remember the numerous details that will make your moving day a pleasure.
Note:Your personal information is important to you, so we will treat it with respect. We do not sell or forward information to other businesses or persons. We appreciate the confidence that you have entrusted in us and will safeguard your privacy!
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You can find great local Palm Coast, Florida real estate information on Localism.com Jolita Wagoner is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.
Visit the Exit Realty First Choice site Hereif you see something you like, ask for Jolita Wagoner on your request!
