Buying or selling a home in Marine City? J.A. Bachler, REALTOR® can help.
Purchasing a home is an intimidating event for many people, but with a little planning ahead of time, it's not too complicated.
So you'll understand exactly what to expect, we like to supply our buyers with an overview of the entire deal.
Here are our nine steps to buying a home.
When you're ready to get started, simply contact us here or send us e-mail
. We're glad to address questions you have about this information.
Step 1 – Prepare to buy
There are several things you should do before you search for a home.
When you start your search, you'll probably want to form a check list of items you need, get a feel for what neighborhoods and school districts you'd like to live in, and start planning your budget.
Ensuring your mortgage payment is less than or around 30 percent of your monthly income is a good rule to go by.
Step 2 – Get with a real estate agent
This is where we come in.
We'd love to book a time to get together with you and communicate with you regarding why you want to buy a home and get an idea of your future plans.
We'll discuss neighborhoods, school districts in the Marine City area, the mortgage industry, and any additional economic factors that could affect your buying decision today or in the future.
In addition, we'll help you begin the loan process.
There are some very good mortgage professionals in Marine City, and we partner with a lot of them, so you're in great hands.
They will assist you in determining which type of loan is best for you and help you get qualified.
Step 3 – Begin your home search
After we meet, we'll start looking for homes on the market that meet your needs.
We'll preview many of the houses and ignore the bad ones, and then we'll book appointments to tour the homes when it's convenient for you.
As we view the homes, we'll identify positive features, as well as bad ones. we'll also ask you about things you like and don't like.
It's pretty common for buyers to amend their must-have list as we view houses and some items become far more crucial than others.
If that's the situation, we'll search all the listings another time and narrow it down to the home you've been waiting for.
Step 4 – Get a grasp of the market
An agent's knowledge of the Marine City home market is an essential aspect in your house search. And we can assure you we're well-versed in all the neighborhoods and schools, and we will communicate which districts are "hot" and call for prompt action and the ones that are "cool" and allow for careful analysis.
As we tour homes, we'll make sure to communicate if the asking price has room for negotiation or if I believe the house is "priced to sell."
When working with an agent, be mindful and make sure you ask a lot of questions. Every real estate agent in Marine City will claim to truly know the home market.
If things don't add up, contact us at 810-765-8895 or e-mail us at email@example.com, and we'd be more than happy to answer any questions you may have. Our knowledge of the market will keep you a step above the rest throughout the entire process.
Step 5 – Find your dream house
We know we'll find your dream home in the Marine City area, and when that happens, we'll meticulously develop your home purchase offer. The offer will be tailored with your needs in mind. Whenever necessary, We never forget to make contracts contingent upon items like your ability to secure financing and the results of the home inspection.
When we turn in your purchase offer, you'll likely need to present "earnest money." This is a cash deposit given to the home seller to secure the offer to purchase the property, and it's often put towards the closing costs. If the seller accepts the offer, we should close on the property within 30 to 60 days after. This allows ample time for your mortgage financing.
Step 6 – Negotiate
A lot of contracts aren't closed on the initial offer. It's extremely common to receive a counter offer. But don't let it discourage you. We'll figure out whether or not to agree to the counter offer, submit our own counter offer, or decline the seller's offer and move on.
The state of the market determines how aggressively we negotiate the deal.
In addition, we'll work within your budget. And when it's all said and done, we'll assemble a deal that works well for you.
Step 7 – Get your loan
After we sign the final sales contract, you'll begin working with your lender to close the loan.
This won't take much time at all if you're pre-qualified, but you should to keep in close contact with your mortgage lender.
And we'll handle all the property information your lender needs to close the loan.>
Step 8 – Close the deal
Your lender will give you a Good Faith Estimate (GFE) of your closing costs within three days of taking your application.
This estimate is formed from the loan amount. RESPA requirements order that it has to include all closing costs and fall within a tight range of accuracy, and we'll review the estimate and let you know if everything looks good.
Then we'll close on your home. This will most likely take place at a title company or escrow office and is often a smooth and relaxing occurrence.
Step 9 – Move in
You made it! It's time to move into your new house. Enjoy it. And if you have any questions, be sure to contact us at 810-765-8895 or send us an e-mail.