Step 1:
Prequalification is a great start for understanding your purchasing power, but it’s not the only factor. Many folks have an existing banking relationship but just as many are looking for a local lender with direct market experience and underwriting access. I can help you navigate the mortgage requirements as they pertain to your home buying goals.
Step 2:
The prequalification process can be an eye opener! Examine your current finances and determine what funds are available to allocate to your new home. We can discuss how specific homes may have different expenses (what is included in the HOA, how much is pool service etc). Use the prequal information to create a comprehensive household budget so you can factor in any new and/or ongoing expenses that might come with your new home.
Step 3:
Location? Bedrooms? Bathrooms? Single story? My goal is to help you arrive at an idea of what your new home will be. Keeping our search criteria broad will allow us to cast a wider net when looking for your new home.
Step 4:
Regulations enacted in 2024 require all real estate agents to obtain a signed buyer’s agreement before showing consumers homes. I will discuss the details of the current environment and what the buyer’s agreement means to you. From here I will help you better understand all of the stops along the way from offer to closing.
Finding the perfect home and navigating the purchase process can be daunting. Leverage my knowledge and expertise and enjoy your personalized real estate journey.
Step 5:
Once you’ve narrowed down your home search, it’s time to go back to the mortgage provider who prequalified you and obtain preapproval. With a property and purchase price in mind, your lender can get much more specific about your interest rate, monthly payments, the term of the loan, and special programs. While you will primarily work with your mortgage person to select the right options for you, I'm here to offer support and guidance as we move through this process.
Step 6:
OK, we’ve tackled financing and we know your budget. We’ve established a wish list. Now it’s time for me to identify properties for your consideration. We’ll work together to review available properties and set times to visit them together.
Step 7:
Once you have selected the perfect home and have your finances in order, I will help you craft an offer that will give us the best probability of success. We’ll work through details such as closing dates, contingencies, and any particulars associated with your specific target property. After I submit the offer on your behalf, I will help you negotiate counteroffers and reach an agreement with the seller. Once we come to terms on a contract, the house will go into escrow.
Step 8:
In Florida contracts usually include a home inspection provision. This allows a certified, license inspector to inspect the property and report their findings to the buyer for consideration. Depending on the outcome and findings we move forward accordingly.
Step 9:
The lender requires an independent appraiser evaluate the property and determine its value Vs the market. Basically, the appraisal determines what amount the bank will approve for lending. The outcome of the appraisal will determine how we move forward toward a successful closing.
Step 10:
The big day has arrived, all of the research, home visits, selection and negotiations are behind us. The bank may require some last minute documents but after this, you have a new home!
8645 N Military Trl #504 Palm Beach Gardens FL 33410
8645 N Military Trl #504 Palm Beach Gardens FL 33410
