Buying or selling a home in Flowery Branch? JG Atlanta Properties, LLC. can help.
Purchasing a home can be stressful for most people. However, with some planning ahead of time, it's not very complex.
I like to furnish buyers with an overview of the entire deal so they'll understand exactly what to expect.
Below are my nine steps to buying a home.
When you're ready to get started, simply contact me here or e-mail me at . I'm happy to answer any questions you have about this information.
Step 1 – Prepare to buy
There are a lot of things you should contemplate before you start searching for a home.
When you start your search, you'll probably want to assemble an index of features you need, 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 1/3 of your net monthly income.
Step 2 – Get in touch with a real estate agent in Flowery Branch
This is where I come in.
I'd love to set up a time to meet with you and communicate with you about why you want to buy a home and get an idea of your future plans.
We'll talk about the mortgage industry, other economic factors that may affect your purchase today or in the future, as well as neighborhoods and school districts in the Flowery Branch area.
In addition, I'll assist you in getting started on your loan.
There are some very good mortgage professionals in Flowery Branch, and I work with a lot of them, so you'll be in great hands.
They will help you determine which type of loan is best for you, as well as help you get qualified.
Step 3 – Begin your search
After our initial meeting, I'll start searching for homes on the market that suit your needs.
I'll get a sneak peek of many of the homes and ignore the duds, and then we'll book appointments to tour the homes whenever it's most convenient for you.
As we view the homes, I'll point out positive features, as well as bad ones. And I'll ask you to talk about things you like and don't like.
Most often, buyers change their list of must-haves as we tour homes and some features become far more substantial than others.
If that's the situation, I'll go back through the listings once again and narrow it down to the house you've been waiting for.
Step 4 – Get a grasp of the housing market
An agent's understanding of the Flowery Branch home market is a fundamental factor in your home search. And I can assure you I'm mindful of all the neighborhoods and schools, and I will communicate which neighborhoods are "hot" and demand prompt action and some that are "cool" and allow for more consideration.
As we tour homes, I'll let you know if the asking price has room for negotiation or if I believe the home is "priced to sell."
Be on guard and make sure you ask a lot of questions, as any REALTOR in Flowery Branch will convince you they truly understand the home market.
If things don't add up, call me at (770) 708-3308 or e-mail me at , and I'd be more than happy to answer any questions you have. My market expertise will keep you a step above the rest throughout the entire process.
Step 5 – Find the home you've been waiting for
We'll find your dream home in the Flowery Branch area, and when that happens, I'll meticulously develop your real estate purchase offer. The offer will be tailored with your needs in mind and the home, including several contingencies, such as acquiring financing, carrying out the inspection, and a clear title.
Upon submitting your purchase offer, you'll want to present "earnest money." This is a cash deposit given to a seller to secure an offer to purchase the property and is typically applied to the closing costs. If the offer is accepted by the seller, we should close about 30 to 60 days after. This allows ample time for your mortgage financing.
Step 6 – Negotiate
Most deals aren't closed on the initial offer – it's very common to receive a counter offer. But don't let this intimidate you. We'll discuss whether or not to consent to the counter offer, submit our own counter offer, or reject the seller's offer and move on.
How aggressively we negotiate the contract depends on the state of the market.
In addition, we'll work within your budget. And at the end of the day, we'll put together a contract that's best for you.
Step 7 – Get your loan
Once the deal is finished, you'll begin working with your lender to close the loan.
This won't take very long at all if you're pre-qualified, but you should to keep in close contact with your mortgage lender.
And I'll deal with all the property information your lender needs to close the loan.
Step 8 – Close the deal
Your mortgage lender will send you a Loan Estimate (LE) detailing closing costs within three days of accepting your loan application. You'll get a Loan Estimate (LE) of closing costs from your mortgage lender within three days of accepting your loan application.
The estimate depends on the loan amount. RESPA requirements require that it has to include all closing costs and be within a strict range of accuracy, and I'll review the estimate and let you know if everything looks good.
Then it's time to close on your house. This will probably occur at a title company or escrow office and is often 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 or have any questions, be sure to contact me at (770) 708-3308 or e-mail me at .