Are you purchasing a home in Flowery Branch? JG Atlanta Properties, LLC. can help.
Buying a home is a stressful event for a lot of people, but it's not all that confusing with a bit of up-front planning.
So they'll understand exactly what to expect, I like to furnish buyers with an overview of the whole deal.
Below are my nine steps to purchasing a home.
When you're ready to get started, you can contact me here or e-mail me at . I'm happy to answer questions you have regarding this information.
Step 1 – Prepare to buy a home
Before you start looking for a home, there are plenty of things you need to contemplate.
You'll most likely want to make a list of features you want to have, plan for what school districts and neighborhoods you'd like to live in, and start working on your budget.
A good rule of thumb to follow is that your mortgage payment should be a third of your net monthly income.
Step 2 – Get in touch with a real estate agent in Flowery Branch
This is where I can help.
We'll schedule a time to meet so we can talk about why you want to buy a home and get an idea of your plans for the future.
We'll discuss the mortgage industry, other economic factors that may affect your buying decision today or in the future, as well as neighborhoods and school districts in the Flowery Branch area.
I'll also help you begin the loan process.
I work with some of Flowery Branch's finest mortgage professionals, so you're in great hands.
They'll assist you with determining which kind of loan is best for you and help you get qualified.
Step 3 – Start your home search
After our initial meeting, I'll begin finding available houses on the market that best suit you.
I'll research most of the homes and reject the bad ones, and then we'll book appointments to view the houses whenever it's most convenient for you.
As we view homes, I'll point out good features, as well as negative ones. And I'll ask you to tell us about things you like and don't like.
As a rule, buyers amend their must-have list as we tour homes and some features become far more substantial than others.
If that's the situation, I'll look through the listings once again and narrow it down to the house you've been waiting for.
Step 4 – Understand the market
My understanding of the Flowery Branch housing market is a leading factor in your home search. I am acquainted with all the neighborhoods and schools, and I can communicate what districts are "hot" and warrant immediate action and some that are "cool" and allow for careful examination.
As we view houses, I'll make sure to communicate if the list price has room for bargaining or if I believe the house is "priced to sell."
When working with an agent, trust your instincts and make sure you ask lots of questions. Any REALTOR in Flowery Branch will tell you they understand the market.
If it appears they don't know everything, call me at (770) 708-3308 or e-mail me at , and I'll be more than happy to answer any questions you may have. My market expertise will help you stay a step ahead through the entire deal.
Step 5 – Find the home of your dreams
We'll find your dream house in Flowery Branch, and when that happens, I'll precisely develop your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including many contingencies, such as obtaining financing, finishing the inspection, and a clear title.
When presenting your purchase offer, you'll probably need to submit "earnest money." This is a cash deposit given to the home seller to secure an offer to buy the property, and it's most often put towards the closing costs. If the seller accepts the offer, we should close on the home within 30 to 60 days after. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate
Most deals don't close on the beginning offer. It's extremely common to receive a counter offer. But don't let this discourage you. We'll consider whether or not to agree to the counter offer, submit our own counter offer, or refuse the seller's offer and go on.
How aggressively we negotiate the contract depends on market conditions.
We'll also work within your financing constraints. And when it's all said and done, we'll assemble a deal that is best for you.
Step 7 – Secure financing
Upon finalizing the deal, you'll begin working with your lender to close the loan.
If you're already pre-approved, this shouldn't take much time at all, but you'll need to keep in close contact with your mortgage lender.
And I'll sort out 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 mortgage lender within three days of receiving your application.
This estimate depends on the loan amount. RESPA requirements require that it has to involve all closing costs and be within a strict range of accuracy, and I'll examine the estimate and let you know if everything looks good.
Then we'll close on your home. This will most likely happen at a title company or escrow office and will most likely be a smooth and comfortable event.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, just contact me at (770) 708-3308 or e-mail me at .