Are you buying a home in Cary? RE/MAX Performance can help.

With a little planning ahead of time, purchasing a home isn't all that hard, but the event is stressful for a lot of people. I like to supply buyers with an overview of the whole deal so they know exactly what they can expect. Here 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 glad to address any questions you have about this information.

Step 1 – Prepare to purchase
Prior to starting your home search, there are several things you should do. You'll probably want to assemble a checklist of items you need, get a plan of what neighborhoods and school districts you'd like to live in, and begin planning your budget. Keeping your mortgage payment less than or around 30 percent of your monthly income is a good rule to follow.

Step 2 – Talk to a real estate agent
This is where RE/MAX Performance comes in. We can plan a time to get together so we can talk about why you want to buy a home and get an idea of your upcoming plans. We'll discuss everything from neighborhoods, school districts in the Cary area, the mortgage and housing industries, to any other economic factors that may affect your buying decision today or in the future.

In addition, I'll assist you in getting started on your loan. There are some great mortgage professionals in Cary, and I partner with a lot of them, so you'll be in great hands. They will help you decide which kind of loan is best for you, as well as help you get qualified.

Step 3 – Start your search
After we meet, I'll begin finding available houses on the market that are a great fit for you. I'll preview most of the houses and eliminate the bad ones, and then we'll schedule appointments to view the houses when it's most convenient for you.

As we view houses, I'll show you the positive features, as well as bad ones. I'll also ask you to talk about things you like and don't like. As a rule, buyers change their list of must-haves as we tour houses and some features become more crucial than others. If that's the case, I'll look through all the listings one more time and trim it down to the home of your dreams.

Step 4 – Get a grasp of the market
My awareness of the Cary housing market is an essential agent in your home search. I'm conscious of all the neighborhoods and schools, and I'll let you know what neighborhoods are "hot" and warrant immediate action and others that are "cool" and allow for more analysis.

As we view houses, I'll be sure to tell you if the asking price has room for bargaining or if I believe the home is "priced to sell." Every REALTOR will convince you they know the market, but be wary, and make sure you ask your agent a lot of questions. If it seems like they don't know everything, contact me at (919) 924-4991 or e-mail me at , and I'd be glad to answer any questions you may have. My market knowledge will help you stay a step above the rest throughout the entire deal.

Step 5 – Find the home you've been looking for
I'm certain we'll find the house of your dreams in Cary. When we do, I'll meticulously develop your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including a lot of contingencies. A few examples are acquiring financing, completing the home inspection, and a clear title.

When submitting your offer, most likely you'll need to present "earnest money." This is a cash deposit made to a home seller to secure an offer to purchase the property, and it's usually put towards the closing costs. If the seller accepts the offer, we should close on the home within 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most deals aren't closed on the beginning offer. It's widely common to receive a counter offer. But don't let it alarm you. We'll consider whether or not to consent to the counter offer, propose our own counter offer, or decline the seller's offer and move on.

Market conditions will play a part in how aggressively we negotiate the contract. We'll also work within your financing limits. And when it's all said and done, we'll create a contract that's best for you.

Step 7 – Secure financing
Upon completing the deal, you'll start working with your lender to close the loan. If you've been pre-qualified, it won't take long at all, but you should to keep in close contact with your mortgage lender. And I'll look after all the property information your mortgage lender will need to close the loan.

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

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

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, just call me at (919) 924-4991 or e-mail me at .

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