Let Florida Homes Realty & Mortgage assist you with buying a home in Jacksonville
Buying a home can be stressful for most people. However, with a bit of planning ahead of time, it isn't very hard.
I like to provide buyers with an outline of the entire deal so they know exactly what they can expect.
These are my nine steps to purchasing a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm glad to answer questions you have regarding this information.
Step 1 – Get ready to buy
Before you start looking for a home, there are plenty of things you need to take into account.
When you start your search, you'll want to assemble a check list of features you want to have, plan for what neighborhoods you'd like to live in, and start planning around your budget.
A good guideline to go by is that your mortgage payment should be less than or around a third of your net monthly income.
Step 2 – Talk to a real estate agent in Jacksonville
That's where I can help.
We can schedule a time to meet so we can talk about why you want to buy a home and get an idea of your upcoming plans.
We'll discuss everything from neighborhoods, school districts in the Jacksonville area, the mortgage industry, to any other economic factors that could affect your buying decision today or in the future.
In addition, I'll help you get started on your loan.
I work with some of Jacksonville's finest mortgage professionals, so you're 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 – Start house hunting
After our initial meeting, I'll start finding available homes on the market that suit your needs.
I'll research many of the homes and exclude the bad ones, and then we'll book appointments to tour the houses at a time that's convenient for you.
When we view the homes, I'll identify positive features and bad ones. I'll even ask you to tell us about things you like and dislike.
It's widely common for buyers to amend their wish list as we tour houses and some items become more essential than others.
If that's the case, I'll look through all the listings one more time and trim it down to the house you've been waiting for.
Step 4 – Comprehend the market
An agent's awareness of the Jacksonville market is an imperative aspect in your home search. And I assure you I'm mindful of all the schools and neighborhoods, and I can communicate which neighborhoods are "hot" and demand prompt action and the ones that are "cold" and allow for careful consideration.
As we view homes, I'll be sure to tell you when the asking price has room for bargaining and also when 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 REALTOR will convince you they comprehend the home market.
If things don't add up, contact me at 904-710-0241 or e-mail me at , and I'll be glad to answer any questions you may have. My market expertise will keep you a step above the rest throughout the entire deal.
Step 5 – Find your dream house
We'll find the home of your dreams in the Jacksonville area, and when we do, I'll precisely develop your home purchase offer. The offer will be made to fit your needs and the home. We'll include a lot of contingencies, such as acquiring financing, carrying out the inspection, and a clean title.
Upon sending in your offer, you'll want to submit "earnest money." This is a cash deposit given to the seller to secure the offer to buy the property, and it's often put towards the cost of closing. If the offer is accepted by the seller, we should close within 30 to 60 days after. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts don't close on the beginning offer, and it's pretty common to receive a counter offer. Don't let it discourage you. We'll discuss 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 contract depends on market circumstances.
We'll also work within your financing limits. And when it's all said and done, we'll create a contract that's best for you.
Step 7 – Obtain your loan
After we sign the final sales contract, you'll begin working with your lender to close the loan.
If you're pre-approved, it won't be a long process at all. However, you need to stay in close contact with your lender.
And I'll sort out all the property information your lender will need to close the loan.
Step 8 – Close the deal
Your lender will provide you with a Loan Estimate (LE) of closing costs within three days of getting your application. You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of taking your application.
This estimate is formed from the loan amount. RESPA requirements mandate that it has to contain all closing costs and fall within a close range of accuracy, and I'll analyze the estimate and let you know if everything looks all right.
Then we'll close on your home. This will probably occur at a title company or escrow office and is often a smooth and pleasant affair.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, simply contact me at 904-710-0241 or e-mail me at .