Buying a home in Flowery Branch with JG Atlanta Properties, LLC.
Purchasing a home is stressful for many people, but with some up-front planning, it's not very complex.
So they'll know exactly what to expect, I'll supply buyers with an outline of the whole deal.
Below are my nine steps to purchasing a home.
When you're ready to get started, just contact me here or e-mail me at . I'm glad to answer any questions you have regarding this information.
Step 1 – Prepare to purchase a home
There are a lot of things you'll want to take into account prior to commencing your home search.
When you begin your search, you'll probably want to form an index of must-haves, get an idea of what neighborhoods you'd like to live in, and begin planning your budget.
Keeping your mortgage payment less than a third of your net monthly income is a good guideline to follow.
Step 2 – Communicate with a real estate agent
That's where I come in.
I'd like to set up a time to meet with you and talk about why you want to buy a home and get an idea of your upcoming plans.
We'll talk about neighborhoods, schools in the Flowery Branch area, the mortgage and housing industries, and any other economic factors that might affect your buying decision today or in the future.
In addition, I'll help you start the loan process.
I partner with some of Flowery Branch's best mortgage professionals, so you'll be in great hands.
They will help you figure out which type of loan is best for you, as well as help you get approved.
Step 3 – Begin looking
Following our initial meeting, I'll begin looking for homes on the market that are great for you.
I'll get a sneak peek of most of the houses and reject the duds, and then we'll book appointments to view the homes at a time that's convenient for you.
As we tour the houses, I'll point out positive features, as well as negative ones. I'll also ask you about things you like and dislike.
It's widely common for buyers to update their must-have list as we view houses and some features become far more essential than others.
If that's the case, I'll search the listings once more and trim it down to the home you've been wishing for.
Step 4 – Understand the housing market
My understanding of the Flowery Branch market is a necessary element in your house search. I'm familiar with all the neighborhoods and school districts, and I'll let you know some districts are "hot" and demand immediate action and some that are "cool" and allow for careful analysis.
As we tour houses, I'll make sure to communicate when the seller's asking price has room for bargaining and also when I trust the home is "priced to sell."
When working with an agent, be careful and make sure you ask plenty of questions, as every real estate agent in Flowery Branch will tell you they understand the housing market.
If it doesn't seem like they know everything, just call me at (770) 708-3308 or e-mail me at , and I'd be more than happy to answer any questions you may have. My market knowledge will keep you a step ahead through the entire deal.
Step 5 – Find the house of your dreams
I'm confident we'll find the house of your dreams in Flowery Branch. When that happens, I'll meticulously create your real estate purchase offer. The offer will be made to fit your needs and the home. We'll include some contingencies, such as acquiring financing, carrying out the home inspection, and a clean title.
When sending in your purchase offer, you'll need to submit "earnest money." This is a cash deposit given to a home seller to secure the offer to purchase the property, and it's typically applied to the closing costs. If the seller accepts your offer, we should close on the home about 30 to 60 days after. This allows enough time for your mortgage financing.
Step 6 – Negotiate the deal
Most contracts don't close on the first offer. It's pretty common to receive a counter offer. Don't let it alarm you. We'll talk about whether or not to agree to the counter offer, propose our own counter offer, or reject the seller's offer and move on.
How aggressively we negotiate the contract depends on market circumstances.
We'll also work within your financing constraints. And when it's all said and done, we'll assemble a contract that is best for you.
Step 7 – Secure a loan
After we sign the final sales contract, you'll start working with your lender to close the loan.
If you're already pre-approved, this won't take long at all, but you need to stay in close contact with your mortgage lender.
And I'll look after all the property information your lender needs to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of getting your application.
The estimate rests on the loan amount, and RESPA requirements require that it has to include all closing costs and be within a strict range of accuracy. I'll study the estimate and let you know if everything looks adequate.
Then it's time to close on your home. This should take place at a title company or escrow office and is often a smooth and stress-free occurrence.
Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything, simply contact me at (770) 708-3308 or e-mail me at .