Purchasing a new home in Guerneville with Your City Country Connection

Buying a home is an intimidating event for most people, but with a little planning ahead of time, it isn't all that complex. I like to furnish buyers with a road map of the whole deal so they understand exactly what they can expect. These are my nine steps to buying a home. When you're ready to get started, simply contact me here or e-mail me at . I'm glad to address any questions you have about this information.

Step 1 – Get ready to purchase
There are several things you need to take into account before you start looking for a home. You'll probably want to form an outline of features you need to have, plan for what neighborhoods and school districts you'd like to live in, and begin planning your budget. Ensuring your mortgage payment is less than or close to 30 percent of your net monthly income is a good guideline to follow.

Step 2 – Talk to a real estate agent in Guerneville
This is where I come in. I'd like to schedule a time to meet with you and communicate with you regarding why you want to buy a home and get an idea of your plans for the future. We'll talk about the mortgage industry, other economic factors that could affect your buying decision today or in the future, as well as neighborhoods and school districts in the Guerneville area.

I'll also help you facilitate the loan process. I partner with some of Guerneville's finest mortgage professionals, so you'll be in great hands. They will assist you in determining which kind of loan is best for you and help you get approved.

Step 3 – Begin looking for a home
Following our first meeting, I'll start looking for available homes on the market that are a great fit for you. I'll preview most of the houses and ignore the bad ones, and then we'll set up appointments to view the houses when it's most convenient for you.

When we tour houses, I'll call attention to good features, as well as negative ones. I'll also ask you about things you like and don't like. Frequently, buyers amend their wish list as we tour homes and some things become far more important than others. If that's the case, I'll go back through all the listings again and trim it down to the home you've been dreaming about.

Step 4 – Get a grasp of the market
My awareness of the Guerneville market is a leading element in your home search. I am acquainted with all the neighborhoods and school districts, and I can alert you to certain districts are "hot" and require immediate action and the ones that are "cool" and allow for more examination.

As we tour houses, I'll be sure to tell you if the seller's list price has room for bargaining or if I believe the house is "priced to sell." When working with an agent, be mindful and be sure to ask a lot of questions, as any real estate agent will convince you they know the market. If things don't add up, call me at 707-303-6358 or e-mail me at , and I'd be happy to answer your questions. My understanding of the market will help you stay a step above the rest throughout the entire deal.

Step 5 – Find the home you've been looking for
We'll find the home of your dreams in the Guerneville area, and when we do, I'll carefully create your home purchase offer. The offer will be tailored exactly to your needs and the home, including several contingencies, such as acquiring financing, completing the home inspection, and a clean title.

When we turn in your purchase offer, you'll want to present "earnest money." This is a cash deposit made to the home seller to secure the offer to purchase the property and is typically applied to the closing costs. If the offer is accepted by the seller, we should close about 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Most contracts don't close on the initial offer, and it's widely common to receive a counter offer. Don't let it intimidate you. We'll talk about whether or not to take the counter offer, present our own counter offer, or reject the seller's offer and go on.

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

Step 7 – Secure financing
Once the deal is finalized, you'll start working with your mortgage lender to close the loan. If you're already pre-approved, it won't be a long process at all. However, you'll want to stay in close contact with your mortgage lender. And I'll care for all the property information your mortgage lender will need to close the loan.

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

Then we'll close on your home. This will likely take place at a title company or escrow office and will most often be a smooth and stress-free occasion.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, make sure you contact me at 707-303-6358 or e-mail me at .

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