Looking to purchase your home in Guerneville? Your City Country Connection can help.
For many people, purchasing a home can be an intimidating event. But with some up-front planning, it's not very hard. So you know exactly what to expect, I like to give my buyers a road map of the whole deal. These are my nine steps to purchasing a home.
Step 1 – Get ready to buy a home
There are plenty of things you'll want to consider prior to beginning your home search. You'll most likely want to assemble a check list of items you need to have, get a feel for what neighborhoods and school districts you want to live in, and begin working on your budget. A good guideline to go by is that your mortgage payment should be less than or around 30 percent of your net monthly income.
Step 2 – Communicate with a real estate agent in Guerneville
This is where Your City Country Connection can help. I'd be happy to plan a time to meet with you and speak with you about why you want to buy a home and get an idea of your plans for the future. 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 Guerneville area.
I can also help you facilitate the loan process. I partner with some of Guerneville's best mortgage professionals, so you can rest assured that you're in great hands. They'll help you determine which kind of loan is best for you, as well as help you get qualified.
Step 3 – Start looking for a house
Following our first meeting, I'll start finding homes on the market that meet your needs. I'll preview many of the homes and remove the duds, and then we'll set up appointments to view the houses when it's convenient for you.
When we view houses, I'll identify good features and negative ones. I'll even ask you to point out what things you like and don't like. Oftentimes, buyers change their wish list as we view houses and some things become far more essential than others. If that's the situation, I'll search the listings once more and trim it down to the house you've been waiting for.
Step 4 – Know the market
My understanding of the Guerneville market is a fundamental asset in your home search. I'm acquainted with all the school districts and neighborhoods, and I'll communicate certain neighborhoods are "hot" and require prompt action and the others that are "cold" and allow for thoughtful consideration.
As we tour homes, I'll be sure to tell you when the seller's list price has room for bargaining and when I believe the home is "priced to sell." Be careful and make sure you ask lots of questions, as every REALTOR® will convince you they know the market. If things don't add up, contact me at 707-303-6358 or e-mail me at Connect@mycitycountry.com, and I'd be more than happy to answer any questions you have. My market expertise will keep you a step ahead throughout the entire process.
Step 5 – Find the house you've been looking for
I know we'll find your dream house in Guerneville, and when that happens, I'll carefully develop your home purchase offer. The offer will be made to suit your needs. Whenever necessary, I never forget to make contracts contingent upon items like acquiring financing and the results of the home inspection.
When sending in your purchase offer, you'll probably want to submit "earnest money." This is a cash deposit submitted to the seller to secure an offer to buy the property and is most often applied to the cost of closing. If your offer is accepted by the seller, we should close on the property within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most contracts don't close on the initial offer. It's really common to receive a counter offer. But don't let this discourage you. We'll discuss whether or not to accept the counter offer, submit our own counter offer, or refuse the seller's offer and move on.
Market circumstances will play a role in how aggressively we negotiate the contract. In addition, we'll work within your financing constraints. And at the end of the day, we'll compose a contract that's best for you.
Step 7 – Secure financing
After we sign the final deal, you'll begin working with your mortgage lender to close the loan. If you're already pre-qualified, this shouldn't take much time at all, but you'll want to stay in close contact with your mortgage lender. And I'll manage all the property information your lender needs to close the loan.>
Then it's time to close on your house. This will most often happen at a title company or escrow office and should be a smooth and pleasant occasion.
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, just contact me at 707-303-6358 or send me an e-mail.