Buying or selling a home? Metro Properties can help.

Purchasing a home intimidates a lot of people, but with a little planning ahead of time, it isn't too difficult. I like to supply buyers with an overview of the whole deal so they understand exactly what to expect. Here are my nine steps to purchasing a home. Should you have questions about this information or if you're ready to get started, just contact me here or e-mail me at .

Step 1 – Prepare to buy
There are many things you'll want to consider before you look for a home. When you begin your search, you'll probably want to create a list of must-haves, plan for what school districts you'd like to live in, and begin planning around your budget. Keeping your mortgage payment less than a third of your net monthly income is a good guideline to go by.

Step 2 – Connect with a real estate agent
This is where Metro Properties can help. I'd be more than happy to plan a time to get together with you and speak with you about why you want to buy a home and get an idea of your plans for the future. We'll talk about everything from neighborhoods, schools in the Naples area, the mortgage industry, to any other economic factors that could affect your purchase today or in the future.

I can also assist you with getting started on your loan. There are some very good mortgage professionals in Naples, and I work with a lot of them, so you can rest assured that you're in great hands. They will assist you in deciding which type of loan is best for you and help you get approved.

Step 3 – Start looking for a home
Following our first meeting, I'll start finding homes on the market that suit your needs. I'll get a sneak peek of most of the homes and remove the duds, and then we'll schedule appointments to view the homes when it's convenient for you.

When we view houses, I'll point out good features, as well as negative ones. And I'll ask you what things you like and dislike. It's common for buyers to amend their list of must-haves as we tour homes and some features become far more substantial than others. If such is the case, I'll go back through the listings once again and narrow it down to the home you've been waiting for.

Step 4 – Get a grasp of the market
My understanding of the Naples home market is a fundamental factor in your house search. I am mindful of all the school districts and neighborhoods, and I can communicate some districts are "hot" and demand immediate action and some that are "cold" and allow for thoughtful consideration.

When we tour homes, I'll let you know when the seller's list price has room for bargaining and also when I think the home is "priced to sell." When working with an agent, trust your instincts and be sure to ask plenty of questions. Every REALTOR in Naples will tell you they truly know the market. If things don't add up, call me at 800-252-6633 or e-mail me at , and I'd be glad to answer any questions you may have. My market knowledge will help you stay a step above the rest through the entire deal.

Step 5 – Find the home you've been looking for
We'll find the house of your dreams in the Naples area, and when we do, I'll carefully create your home purchase offer. The offer will be tailored exactly to your needs and the home, including some contingencies, such as obtaining financing, finishing the inspection, and a clean title.

When we submit your purchase offer, you'll likely need to present "earnest money." This is a cash deposit made to the home seller to secure the offer to purchase the property. The amount is usually applied to the cost of closing. If the 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
Most contracts aren't closed on the initial offer – it's widely common to receive a counter offer. But don't let this discourage you. We'll figure out whether or not to agree to the counter offer, submit our own counter offer, or refuse the seller's offer and move on.

Market conditions determine how aggressively we negotiate the deal. We'll also work within your financing budget. And when it's all said and done, we'll put together a deal that is best for you.

Step 7 – Get a loan
Upon finalizing the contract, you'll start working with your mortgage lender to close the loan. If you're pre-qualified, this shouldn't be a long process at all, but you need to keep in close contact with your mortgage lender. And I'll care for all the property information your lender will need to close the loan.

Step 8 – Close the deal
Your lender will send you a Loan Estimate (LE) of your closing costs within three days of receiving your application. You'll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of taking your application. This estimate depends on the loan amount. RESPA requirements order that it has to involve all closing costs and be within a tight range of accuracy, and I'll study the estimate and let you know if it all looks permissible.

Then it's time to close on your home. This will likely take place at a title company or escrow office and will most likely be a smooth and peaceful event.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, simply call me at 800-252-6633 or e-mail me at .

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