Buying or selling a home in Cary? RE/MAX Performance can help.

For a lot of people, purchasing a home can be an intimidating event. However, with a little up-front planning, it isn't that difficult. So they know exactly what they can expect, I will give buyers a road map of the whole deal. These 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 address any questions you have regarding this information.

Step 1 – Get ready to purchase a home
There are several things you need to take into account prior to commencing your home search. It's likely that you'll want to make a list of features you need, get a feeling for what school districts you'd like to live in, and start working on your budget. Keeping your mortgage payment less than or around a third of your net monthly income is a good principle to follow.

Step 2 – Contact a real estate agent in Cary
This is where RE/MAX Performance can help. I'd love to book a time to get together with you and talk about why you want to buy a home and get an idea of your upcoming plans. We'll discuss the mortgage and housing industries, other economic factors that could affect your purchase today or in the future, as well as neighborhoods and school districts in the Cary area.

In addition, I'll help you get started on your loan. RE/MAX Performance partners with some of the finest mortgage professionals in Cary, so you'll be in great hands. They will help you figure out which kind of loan is best for you, as well as help you get approved.

Step 3 – Start your search
After our initial meeting, I'll begin finding available houses on the market that suit your needs. I'll get a sneak peek of many of the homes and exclude the bad ones, and then we'll schedule appointments to tour the houses whenever it's convenient for you.

When we view houses, I'll identify good features and bad ones. I'll even ask you to talk about things you like and don't like. It's pretty common for buyers to update their must-have list as we view homes and some things become more crucial than others. If that happens, I'll look through the listings again and narrow it down to the house of your dreams.

Step 4 – Know the housing market
An agent's knowledge of the Cary market is a necessary element in your home search. And I assure you I'm familiar with all the neighborhoods and school districts, and I will let you know what neighborhoods are "hot" and warrant prompt action and others that are "cold" and allow for more examination.

When we tour houses, I'll be sure to tell you when the seller's list price has room for negotiation and when I know the home is "priced to sell." Be mindful and make sure you ask your agent a lot of questions, as every real estate agent in Cary will tell you they comprehend the housing market. If things don't add up, contact me at (919) 924-4991 or e-mail me at , and I'll be glad to answer your questions. My market expertise will help you stay a step ahead through the entire process.

Step 5 – Find the house you've been looking for
I'm positive we'll find the home of your dreams in the Cary area. When we do, I'll thoroughly 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 inspection, and a clear title.

When sending in your purchase offer, you'll likely need to submit "earnest money." This is a cash deposit given to the seller to secure the offer to buy the property. The amount is usually applied to the closing costs. If the seller accepts your offer, we should close within 30 to 60 days afterward. This allows enough time for your mortgage financing.

Step 6 – Negotiate
A lot of deals aren't closed on the first offer – it's very common to receive a counter offer. But don't let it discourage you. We'll talk about whether or not to consent to the counter offer, propose our own counter offer, or decline the seller's offer and go on.

How aggressively we negotiate the deal depends on market conditions. In addition, we'll work within your financing constraints. And at the end of the day, we'll put together a contract that's best for you.

Step 7 – Secure your loan
After the contract is finished, you'll begin working with your lender to close the loan. If you're already pre-approved, it won't take long at all, but you'll need to stay in close contact with your lender. And I'll manage all the property information your lender needs to close the loan.

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

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

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, be sure to call me at (919) 924-4991 or e-mail me at .

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