Buying or selling a home in West Palm Beach? J. Briann Realty Group, Inc. can help.
For many people, buying a home can be a stressful event. But with a little up-front planning, it's not too hard.
So they'll know exactly what they can expect, I'll provide buyers with an overview of the entire deal.
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 happy to address questions you have about this information.
Step 1 – Prepare to buy
There are a lot of things you'll want to consider prior to starting your home search.
When you start your search, you'll probably want to assemble a check list of features you want, get a feel for what neighborhoods you'd like to live in, and start planning around your budget.
Ensuring your mortgage payment is around a third of your monthly income is a good principle to go by.
Step 2 – Connect with a real estate agent in West Palm Beach
This is where I come in.
I'd be happy to plan a time to get together with you and communicate with you about why you want to buy a home and get an idea of your plans for the future.
We'll talk about everything from neighborhoods, school districts in the West Palm Beach area, the mortgage industry, to any other economic factors that may affect your purchase today or in the future.
I can also help you get started on your loan.
I work with some of the finest mortgage professionals in West Palm Beach, so you can rest assured that you're in great hands.
They will assist you in choosing which type of loan is best for you and help you get approved.
Step 3 – Start looking for a house
After our first meeting, I'll start looking for available homes on the market that are great for you.
I'll get a sneak peek of most of the houses and eliminate the bad ones, and then we'll book appointments to tour the houses when it's most convenient for you.
When we tour the houses, I'll show you the good features, as well as bad ones. I'll also ask you to tell us about things you like and dislike.
Most often, buyers change their must-have list as we view homes and some features become more substantial than others.
If that's the case, I'll look through the listings once more and trim it down to the house you've been wishing for.
Step 4 – Know the market
My understanding of the West Palm Beach home market is an essential element in your home search. I am familiar with all the schools and neighborhoods, and I'll communicate certain areas are "hot" and demand immediate action and the ones that are "cold" and allow for careful consideration.
As we view houses, I'll be sure to tell you if the list price has room for bargaining or if I believe the house is "priced to sell."
When working with an agent, be on guard and make sure you ask lots of questions, as any real estate agent will tell you they truly understand the home market.
If it appears they don't know everything, contact me at 561-688-1316 or e-mail me at , and I'd be happy to answer any questions you have. My knowledge of the market will help you stay a step ahead throughout the entire process.
Step 5 – Find the home of your dreams
We'll find the home of your dreams in the West Palm Beach area, and when that happens, I'll meticulously create your real estate purchase offer. The offer will be tailored exactly to your needs and the home, including many contingencies. A few examples are obtaining financing, completing the home inspection, and a clear title.
When sending in your purchase offer, you'll want to present "earnest money." This is a cash deposit submitted to the home seller to secure an offer to purchase the property and is most often put towards the closing costs. If your offer is accepted, we should close within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.
Step 6 – Negotiate the deal
Most deals aren't closed on the beginning offer. It's widely common to receive a counter offer. Don't let it intimidate you. We'll talk over whether or not to take the counter offer, present our own counter offer, or decline the seller's offer and move on.
How aggressively we negotiate the contract depends on market conditions.
We'll also work within your financing budget. And when it's all said and done, we'll compose a contract that is best for you.
Step 7 – Secure a loan
Once we sign the final deal, you'll begin working with your lender to close the loan.
If you've been pre-approved, this shouldn'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 will need 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 receiving your application.
The estimate rests on the loan amount, and RESPA requirements require that it has to contain all closing costs and be within a strict range of accuracy. I'll examine the estimate and let you know if everything looks all right.
Then we'll close on your home. This should happen at a title company or escrow office and will probably be a smooth and calm affair.
Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, just call me at 561-688-1316 or e-mail me at .