Buying or selling a home? Marina Cove Realty can help.

With some planning ahead of time, purchasing a home isn't very complicated, but the event is intimidating for a lot of people. So they understand exactly what to expect, I'll furnish buyers with a road map of the entire deal. Here are my nine steps to buying a home. If you have questions regarding this information or if you're prepared to get started, you can contact me here or e-mail me at .

Step 1 – Get ready to purchase a home
There are a lot of things you'll want to consider before you search for a home. When you start your search, you'll probably want to form a list of must-haves, get an idea of what school districts you want to live in, and begin planning your budget. A good principle to follow is that your mortgage payment should be less than or close to a third of your net monthly income.

Step 2 – Communicate with a real estate agent
That's where I come in. I'd love to book a time to get together with you and communicate with you about why you want to buy a home and get an idea of your upcoming plans. We'll talk about neighborhoods, school districts in the Niceville area, the mortgage and housing industries, and any additional economic factors that may affect your buying decision today or in the future.

I can also help you get started on your loan. Marina Cove Realty partners with some of the best mortgage professionals in Niceville, so you can rest assured that you're in great hands. They'll help you determine which kind of loan is best for you, as well as help you get approved.

Step 3 – Begin house hunting
After we meet, I'll start searching for available homes on the market that are good for you. I'll get a sneak peek of many of the houses and remove the duds, and then we'll set up appointments to tour the houses when it's most convenient for you.

As we view the homes, I'll identify good features, as well as bad ones. I'll even ask you about things you like and don't like. It's pretty common for buyers to update their must-have list as we tour houses and some items become more substantial than others. If that's the case, I'll go back through all the listings once more and narrow it down to the home you've been wishing for.

Step 4 – Comprehend the market
My understanding of the Niceville market is a fundamental agent in your house search. I'm familiar with all the neighborhoods and school districts, and I will communicate what districts are "hot" and require immediate action and some that are "cold" and allow for thoughtful examination.

When we view homes, I'll let you know if the seller's asking price has room for negotiation or if I believe the home is "priced to sell." Every real estate agent will convince you they comprehend the market, but take notice, and be sure to ask a lot of questions. If it appears they don't know everything, just call me at (850) 897-7653 or e-mail me at , and I'll be happy to answer your questions. My understanding of the market will help you stay a step ahead through the entire process.

Step 5 – Find your dream house
I'm sure we'll find the house of your dreams in the Niceville area. When that happens, I'll carefully create your home purchase offer. The offer will be tailored to suit your needs and the home, including several contingencies, such as obtaining financing, carrying out the inspection, and a clean title.

Upon sending in your offer, you'll need to present "earnest money." This is a cash deposit given to a home seller to secure an offer to buy the property, and it's most often applied to the closing costs. If the seller accepts the offer, we should close about 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of deals don't close on the initial offer – it's very common to receive a counter offer. But don't let this intimidate you. We'll talk about whether or not to consent to the counter offer, submit our own counter offer, or refuse the seller's offer and move on.

Market circumstances will play a vital role in how aggressively we negotiate the deal. We'll also work within your financing budget. And at the end of the day, we'll create a contract that's best for you.

Step 7 – Secure financing
Upon completing the deal, you'll start working with your mortgage lender to close the loan. If you've been pre-approved, it won't take long at all, but you'll need to stay in close contact with your mortgage lender. And I'll manage all the property information your mortgage lender needs 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 receiving your loan application. You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of getting your application. This estimate rests on the loan amount, and RESPA requirements mandate that it has to include all closing costs and fall within a narrow range of accuracy. I'll analyze the estimate and let you know if it all looks all right.

Then it's time to close on your house. This will most often take place at a title company or escrow office and should be a smooth and pleasant occasion.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, just call me at (850) 897-7653 or e-mail me at .

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