Let Sasseen Realty Group at Remax Professionals help you with purchasing a home in Lawton
With a little up-front planning, purchasing a home isn't too confusing, but the event is stressful for many people.
So they'll understand exactly what to expect, I like to supply buyers with an overview of the whole deal.
Here are my nine steps to buying a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm glad to address questions you have regarding this information.
Step 1 – Prepare to buy
Before you start looking for a home, there are many things you'll want to contemplate.
You'll most likely want to create a list of items you need to have, get a plan of what school districts you want to live in, and start planning your budget.
Ensuring your mortgage payment is no more than a third of your net monthly income is a good rule of thumb to follow.
Step 2 – Communicate with a real estate agent
This is where Sasseen Realty Group at Remax Professionals can help.
I'd be more than happy to book a time to meet with you and communicate with you regarding why you want to buy a home and get an idea of your upcoming plans.
We'll talk about everything from neighborhoods, schools in the Lawton area, the mortgage industry, to any other economic factors that could affect your buying decision today or in the future.
I'll also help you get started on your loan.
There are some great mortgage professionals in Lawton, and I partner with a lot of them, so you'll be in great hands.
They can help you choose which type of loan is best for you, as well as help you get approved.
Step 3 – Start your home search
Following our initial meeting, I'll start looking for houses on the market that suit your needs.
I'll research many of the homes and reject the bad ones, and then we'll schedule appointments to view the homes whenever it's most convenient for you.
When we tour the houses, I'll show you the good features, as well as bad ones. And I'll ask you what things you like and dislike.
It's common for buyers to revise their list of must-haves as we view houses and some features become more substantial than others.
If that happens, I'll look through all the listings again and trim it down to the house you've been dreaming about.
Step 4 – Get a grasp of the market
My understanding of the Lawton home market is a leading agent in your home search. I am familiar with all the schools and neighborhoods, and I'll let you know certain areas are "hot" and warrant immediate action and some that are "cold" and allow for cautiousness.
When we tour houses, I'll be sure to tell you if the asking price has room for negotiation or if I believe the house is "priced to sell."
Be careful and be sure to ask your agent lots of questions, as every real estate agent in Lawton will claim to comprehend the housing market.
If things don't add up, contact me at 580.248.8817 or e-mail me at , and I'd be glad to answer any questions you have. My market knowledge will keep you a step ahead throughout the entire process.
Step 5 – Find the house of your dreams
I'm confident we'll find your dream home in the Lawton area. When we do, I'll meticulously create your home purchase offer. The offer will be tailored with your needs in mind and the home, including some contingencies. A few examples are obtaining financing, completing the home inspection, and a clean title.
When sending in your offer, you'll need to submit "earnest money." This is a cash deposit given to a seller to secure the offer to buy the property. The amount is typically put towards the cost of closing. If your offer is accepted, we should close on the property about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most contracts don't close on the first offer – it's very common to receive a counter offer. Don't let this alarm you. We'll consider whether or not to consent to the counter offer, submit our own counter offer, or decline the seller's offer and go on.
How aggressively we negotiate the deal depends on market circumstances.
In addition, we'll work within your financing budget. And when it's all said and done, we'll put together a deal that's best for you.
Step 7 – Secure financing
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan.
If you're already pre-approved, it won't take long at all, but you'll want to keep in close contact with your lender.
And I'll deal with all the property information your lender will need to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) of closing costs from your lender within three days of getting your application.
The estimate depends on the loan amount, and RESPA requirements order that it has to involve all closing costs and be within a tight range of accuracy. I'll analyze the estimate and let you know if everything looks permissible.
Then we'll close on your home. This will probably happen at a title company or escrow office and is often a smooth and easygoing occasion.
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 580.248.8817 or e-mail me at .