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Are you purchasing your new home in Litchfield Park? Home Execs Realty can help.

Purchasing a home intimidates most people. However, with a little planning ahead of time, it's not all that hard. So they'll understand exactly what they can expect, I will give buyers an outline of the whole deal. Below are my nine steps to purchasing a home. When you're ready to get started, you can contact me here or e-mail me at . I'm happy to answer questions you have about this information.

Step 1 – Get ready to buy
There are many things you should do before you look for a home. When you start your search, you'll want to put together a checklist of must-have features, get a plan of what school districts and neighborhoods you want to live in, and start planning around your budget. Ensuring your mortgage payment is less than or close to 1/3 of your net monthly income is a good rule to go by.

Step 2 – Speak with a real estate agent in Litchfield Park
That's where I come in. I'd be happy to schedule a time to meet with you and talk about why you want to buy a home and get an idea of your upcoming plans. We'll talk about the mortgage and housing industries, other economic factors that may affect your buying decision today or in the future, as well as neighborhoods and schools in the Litchfield Park area.

In addition, I'll help you start the loan process. There are some excellent mortgage professionals in Litchfield Park, and I work with a lot of them, so you can rest assured that you're in great hands. They can assist you with deciding which type of loan is best for you and help you get approved.

Step 3 – Begin your search
After our first meeting, I'll start finding available homes on the market that meet your needs. I'll preview many of the homes and remove the duds, and then we'll book appointments to view the homes when it's convenient for you.

As we tour the houses, I'll point out good features and negative ones. I'll even ask you about things you like and don't like. Usually, buyers update their wish list as we view homes and some features become more important than others. If that's the situation, 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 housing market
An agent's knowledge of the Litchfield Park home market is a crucial agent in your home search. And I can assure you I'm acquainted with all the neighborhoods and school districts, and I can communicate certain neighborhoods are "hot" and call for immediate action and the ones that are "cold" and allow for thoughtful examination.

When we tour homes, I'll be sure to tell you if the list price has room for negotiation or if I believe the house is "priced to sell." When working with an agent, be mindful and be sure to ask plenty of questions, as any real estate agent will convince you they truly understand the market. If things don't add up, contact me at (623) 536-2229 or e-mail me at , and I'd be happy to answer your questions. My market knowledge will help you stay a step above the rest through the entire deal.

Step 5 – Find the home you've been looking for
I'm positive we'll find your dream house in Litchfield Park. When that happens, I'll precisely develop your purchase offer. The offer will be tailored to suit your needs and the home, including a lot of contingencies, such as getting financing, carrying out the inspection, and a clear title.

When we send in your purchase offer, most likely you'll want to submit "earnest money." This is a cash deposit made to a home seller to secure an offer to buy the property, and it's most often applied to the cost of closing. If the seller accepts your offer, we should close on the property within 30 to 60 days after. This allows ample time for your mortgage financing.

Step 6 – Negotiate
Unfortunately most deals don't close on the beginning offer – it's pretty common to receive a counter offer. But don't let it alarm you. We'll consider whether or not to accept the counter offer, submit our own counter offer, or reject the seller's offer and move on.

Market conditions determine how aggressively we negotiate the deal. We'll also work within your financing limits. And at the end of the day, we'll assemble a contract that's best for you.

Step 7 – Get a loan
After we sign the final contract, you'll start working with your mortgage lender to close the loan. If you've been pre-approved, this won't take much time at all. However, you'll want to keep in close contact with your mortgage lender. And I'll look after all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) detailing your closing costs within three days of taking your loan application. You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of getting your application. The estimate rests on the loan amount. RESPA requirements order that it has to involve all closing costs and fall within a tight range of accuracy, and I'll review the estimate and let you know if everything looks adequate.

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

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, make sure you contact me at (623) 536-2229 or e-mail me at .