Buying or selling a home in Landrum? Mickey Hambright can help.

Buying a home is stressful for many people. However, with a little planning ahead of time, it's not all that confusing. I like to furnish buyers with a road map of the whole deal so they'll understand exactly what they can expect. Here are my nine steps to purchasing 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 purchase a home
There are many things you'll want to consider prior to beginning your home search. You'll probably want to create an index of items you need to have, get a feel for what school districts and neighborhoods you'd like to live in, and start planning around your budget. Keeping your mortgage payment around a third of your net monthly income is a good guideline to go by.

Step 2 – Communicate with a real estate agent
That's where I come in. I'd be happy to set up a time to get together with you and communicate with you about your real estate needs and get an idea of your plans for the future. We'll discuss everything from neighborhoods, school districts in the Landrum area, the mortgage industry, to any other economic factors that might affect your buying decision today or in the future.

I can also assist you in getting started on your loan. Mickey Hambright partners with some of Landrum's finest mortgage professionals, so you're in great hands. They'll assist you with choosing which kind of loan is best for you and help you get approved.

Step 3 – Begin looking
After our first meeting, I'll begin searching for houses on the market that best suit you. I'll get a sneak peek of most of the houses and ignore the duds, and then we'll set up appointments to view the houses at a time that's convenient for you.

When we view homes, I'll call attention to good features, as well as negative ones. I'll also ask you what things you like and dislike. It's common for buyers to update their list of must-haves as we view houses and some items become more necessary than others. If that happens, I'll search all the listings once again and narrow it down to the home you've been wishing for.

Step 4 – Comprehend the market
Your agent's awareness of the Landrum home market is an imperative component in your home search. And I can assure you I'm conscious of all the schools and neighborhoods, and I will communicate certain districts are "hot" and require immediate action and others that are "cold" and allow for thoughtful examination.

As we view homes, I'll let you know if the seller's asking price has room for bargaining or if I believe the house is "priced to sell." Any real estate agent in Landrum will tell you they comprehend the housing market, but be on guard, and be sure to ask your agent lots of questions. If things don't add up, contact me at 828-817-1796 or e-mail me at , and I'd be more than happy to answer any questions you might have. My understanding of the market will help you stay a step above the rest through the entire process.

Step 5 – Find the house of your dreams
I'm confident we'll find your dream house in the Landrum area. When that happens, I'll meticulously develop your real estate purchase offer. The offer will be tailored to suit your needs and the home, including many contingencies. A few examples are getting financing, finishing the home inspection, and a clean title.

When we submit your purchase offer, you'll likely want to present "earnest money." This is a cash deposit made to a home seller to secure the offer to purchase the property, and it's usually 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 necessary time for your mortgage financing.

Step 6 – Negotiate
A lot of deals aren't closed on the initial offer – it's really common to receive a counter offer. But don't let it alarm you. We'll talk about whether or not to agree to the counter offer, present our own counter offer, or reject the seller's offer and go on.

The state of the market determines how aggressively we negotiate the contract. We'll also work within your budget. And at the end of the day, we'll create a deal that is best for you.

Step 7 – Get financing
Upon finalizing the contract, you'll start working with your lender to close the loan. If you've been pre-approved, this won't take much time at all, but you need to stay in close contact with your lender. And I'll manage all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
Your mortgage lender will give you a Loan Estimate (LE) outlining closing costs within three days of receiving your application. You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of taking your loan application. This estimate is formed from the loan amount. RESPA requirements dictate that it has to include all closing costs and fall within a strict range of accuracy, and I'll study the estimate and let you know if everything looks good.

Then we'll close on your home. This will most likely occur at a title company or escrow office and will likely be a smooth and relaxing occasion.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, be sure to contact me at 828-817-1796 or e-mail me at .