Are you contemplating purchasing your new home in Landrum?

For many people, purchasing a home can be a stressful event. However, with a bit of up-front planning, it isn't too difficult. I like to supply buyers with an outline of the whole deal so they know exactly what to expect. Below are my nine steps to buying a home. Should you have any questions regarding this information or if you're ready to get started, just contact me here or e-mail me at .

Step 1 – Prepare to buy a home
There are several things you need to contemplate before you start searching for a home. It's likely that you'll want to put together a checklist of items you want to have, get a feel for what school districts and neighborhoods you want to live in, and begin working on your budget. Keeping your mortgage payment less than or around 1/3 of your monthly income is a good guideline to follow.

Step 2 – Connect with a real estate agent in Landrum
This is where I come in. I'd be happy to plan a time to meet with you and communicate with you regarding your real estate needs and get an idea of your future plans. We'll discuss everything from neighborhoods, school districts in the Landrum area, the mortgage and housing industries, to any other economic factors that may potentially affect your purchase today or in the future.

I can also help you facilitate the loan process. There are some great mortgage professionals in Landrum, and I partner with a lot of them, so you can rest assured that you're in great hands. They will help you figure out which type of loan is best for you, as well as help you get approved.

Step 3 – Start looking for a home
After our first meeting, I'll start searching for houses on the market that are great for you. I'll research most of the houses and throw out the duds, and then we'll book appointments to tour the houses when it's most convenient for you.

As we view the homes, I'll show you the 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 change their must-have list as we view houses and some things become far more substantial than others. If that's the situation, I'll go back through all the listings once more and narrow it down to the house you've been dreaming about.

Step 4 – Get a grasp of the market
My knowledge of the Landrum market is an essential component in your home search. I am acquainted with all the schools and neighborhoods, and I will communicate some districts are "hot" and require immediate action and some that are "cold" and allow for careful consideration.

As we view homes, I'll be sure to tell you if the seller's asking price has room for negotiation or if I believe the house is "priced to sell." Be careful and make sure you ask a lot of questions, as any real estate agent will claim to comprehend the housing market. If it doesn't seem like they know everything, contact me at 828-817-1796 or e-mail me at , and I'll be happy to answer any questions you might have. My knowledge of the market will help you stay a step ahead through the entire deal.

Step 5 – Find the home of your dreams
We'll find your dream home in the Landrum area, and when we do, I'll thoroughly create your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including a lot of contingencies, such as obtaining financing, finishing the home inspection, and a clean title.

When we submit your offer, you'll want to present "earnest money." This is a cash deposit given to the home seller to secure the offer to purchase the property. The amount is often put towards the cost of closing. If the seller accepts the offer, we should close about 30 to 60 days afterward. This allows ample time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of deals aren't closed on the beginning offer, and it's pretty common to receive a counter offer. But don't let this discourage you. We'll discuss whether or not to take the counter offer, propose our own counter offer, or reject the seller's offer and move on.

The state of the market determines how aggressively we negotiate the deal. We'll also work within your financing limits. And when it's all said and done, we'll compose a deal that's best for you.

Step 7 – Get a loan
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 need to keep in close contact with your mortgage lender. And I'll sort out all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
Your lender will provide you with a Loan Estimate (LE) detailing closing costs within three days of receiving your loan application. You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of taking your application. The estimate is based on the loan amount, and RESPA requirements require that it has to involve all closing costs and fall within a narrow range of accuracy. I'll review the estimate and let you know if everything looks all right.

Then it's time to close on your house. This should occur at a title company or escrow office and will most often be a smooth and relaxing occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, make sure you contact me at 828-817-1796 or e-mail me at .