Are you looking to purchase a home in Cary? RE/MAX Performance can help.

Buying a home is a stressful event for many people. However, with some up-front planning, it isn't too hard. I like to supply buyers with an overview of the entire deal so they know exactly what to expect. Here are my nine steps to purchasing a home. Should you have questions regarding this information or if you're prepared to get started, you can contact me here or e-mail me at .

Step 1 – Prepare to purchase a home
There are many things you should take into account before you start searching for a home. When you begin your search, you'll want to make an outline of items you want, get an idea of what school districts you want to live in, and begin planning your budget. A good guideline to adhere to is that your mortgage payment should be 30 percent of your monthly income.

Step 2 – Contact a real estate agent in Cary
This is where I can help. I'd love to set up a time to meet with you and communicate with you about your real estate needs and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the Cary area, the mortgage and housing industries, and any additional economic factors that could potentially affect your buying decision today or in the future.

I can also assist you in getting started on your loan. There are some excellent mortgage professionals in Cary, and I work with a lot of them, so you'll be in great hands. They can help you figure out which type of loan is best for you, as well as help you get qualified.

Step 3 – Begin your search
After our first meeting, I'll begin searching for available houses on the market that meet your needs. I'll research most of the homes and reject the duds, and then we'll set up appointments to tour the homes when it's most convenient for you.

When we tour homes, I'll call attention to positive features, as well as bad ones. I'll also ask you to tell us about things you like and dislike. It's common for buyers to change their list of must-haves as we tour homes and some items become more important than others. If that's the case, I'll go back through all the listings once more and trim it down to the home you've been waiting for.

Step 4 – Comprehend the market
My knowledge of the Cary home market is a crucial aspect in your house search. I'm informed of all the neighborhoods and school districts, and I'll alert you to what areas are "hot" and call for prompt action and some that are "cold" and allow for thoughtful consideration.

As we tour houses, I'll let you know if the list price has room for negotiation or if I believe the home is "priced to sell." Every real estate agent will convince you they know the housing market, but be on guard, and be sure to ask plenty of questions. If things don't add up, call me at (919) 924-4991 or e-mail me at , and I'll be happy to answer any questions you may have. My understanding of the market will keep you a step above the rest through the entire deal.

Step 5 – Find the home of your dreams
I'm sure we'll find your dream house in Cary. When we do, I'll meticulously develop your real estate purchase offer. The offer will be made to suit your needs and the home. We'll include some contingencies, such as obtaining financing, finishing the home inspection, and a clear title.

When we turn in your offer, you'll likely need to present "earnest money." This is a cash deposit given to the seller to secure an offer to buy the property. The amount is most often applied to the cost of closing. If your offer is accepted by the seller, we should close on the property about 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts aren't closed on the initial offer, and it's very common to receive a counter offer. Don't let it discourage you. We'll discuss whether or not to take the counter offer, submit our own counter offer, or refuse the seller's offer and move on.

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

Step 7 – Secure your loan
After we sign the final sales contract, you'll start working with your mortgage lender to close the loan. It shouldn't be a long process at all if you've been pre-qualified, but you'll want to stay in close contact with your mortgage lender. And I'll sort out all the property information your lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing closing costs from your lender within three days of accepting your loan application. The estimate rests on the loan amount. RESPA requirements order that it has to include all closing costs and be within a strict range of accuracy, and I'll analyze the estimate and let you know if everything looks good.

Then we'll close on your home. This will likely happen at a title company or escrow office and will probably be a smooth and comfortable occasion.

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

Looking to Buy?

Are you looking to buy a house? Let us help you. Just fill out as much of the information below that you want and we'll get right back to you, with no obligation to you. We guarantee your privacy.

Your Information
Some Details