Are you purchasing a home in Cary? RE/MAX Performance can help.

Purchasing a home is intimidating for most people, but it isn't too complicated with some up-front planning. So they know exactly what to expect, I'll furnish buyers with a road map of the entire deal. These are my nine steps to purchasing a home. Should you have questions about this information or if you're ready to get started, you can contact me here or e-mail me at .

Step 1 – Prepare to buy a home
There are plenty of things you should consider before beginning your home search. When you start your search, you'll want to form an index of features you need, plan for what school districts and neighborhoods you want to live in, and start planning around your budget. Keeping your mortgage payment less than or close to 1/3 of your monthly income is a good rule of thumb to follow.

Step 2 – Connect with a real estate agent in Cary
This is where RE/MAX Performance can help. I'd be more than happy to set up a time to meet with you and speak with you regarding your real estate needs and get an idea of your plans for the future. We'll discuss the mortgage and housing industries, other economic factors that might affect your buying decision today or in the future, as well as neighborhoods and school districts in the Cary area.

I'll also assist you with getting started on your loan. RE/MAX Performance works with some of Cary's best mortgage professionals, so you're in great hands. They can assist you with determining which type of loan is best for you and help you get approved.

Step 3 – Begin looking for a home
Following our first meeting, I'll begin searching for available homes on the market that are a great fit for you. I'll preview many of the houses and eliminate the bad ones, and then we'll set up appointments to tour the homes when it's convenient for you.

When we tour houses, I'll identify good features, as well as bad ones. I'll also ask you about things you like and dislike. For the most part, buyers update their list of must-haves as we tour homes and some items become far more necessary than others. If that's the situation, I'll search all the listings once again and trim it down to the house of your dreams.

Step 4 – Comprehend the market
An agent's knowledge of the Cary home market is an imperative component in your home search. And I can assure you I'm mindful of all the schools and neighborhoods, and I will alert you to which districts are "hot" and warrant immediate action and others that are "cold" and allow for more examination.

When we tour houses, I'll let you know if the seller's asking price has room for bargaining or if I believe the house is "priced to sell." Trust your instincts and be sure to ask your agent lots of questions, as every REALTOR in Cary will claim to know the housing market. If it seems like they don't know everything, just call me at (919) 924-4991 or e-mail me at , and I'd be glad to answer any questions you may have. My knowledge of the market will help you stay a step above the rest throughout the entire process.

Step 5 – Find the house you've been waiting for
I'm certain we'll find the house of your dreams in Cary. When that happens, I'll carefully develop your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including some contingencies. A few examples are acquiring financing, completing the home inspection, and a clean title.

Upon sending in your offer, you'll need to present "earnest money." This is a cash deposit submitted to a seller to secure an offer to buy the property. The amount is most often applied to the cost of closing. If the offer is accepted by the seller, 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 contracts don't close on the beginning offer. It's extremely common to receive a counter offer. But don't let it alarm you. We'll figure out whether or not to agree to the counter offer, present our own counter offer, or reject the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the contract. In addition, we'll work within your financing limits. And when it's all said and done, we'll put together a contract that's best for you.

Step 7 – Secure a loan
After the deal is signed, you'll begin working with your mortgage lender to close the loan. If you're already pre-approved, this shouldn't take very long at all. But you'll need to keep in close contact with your lender. And I'll look after all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) of your closing costs within three days of receiving your loan application. You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of getting your loan application. The estimate rests on the loan amount, and RESPA requirements mandate that it has to contain all closing costs and be within a tight range of accuracy. I'll examine the estimate and let you know if everything looks adequate.

Then it's time to close on your house. This will most often happen at a title company or escrow office and will most often be a smooth and peaceful affair.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, make sure you call me at (919) 924-4991 or e-mail me at .

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