Buying or selling a home in Muskogee? Leslie Scott Realty, LLC can help.
Buying a home is a stressful event for most people, but with a bit of up-front planning, it isn't that confusing.
So they'll know exactly what they can expect, I will supply buyers with an outline of the entire 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 questions you have regarding this information.
Step 1 – Prepare to purchase a home
There are plenty of things you should consider before you start searching for a home.
It's likely that you'll want to assemble a check list of features you want, get a plan of what school districts you want to live in, and start planning your budget.
A good rule to adhere to is that your mortgage payment should be close to a third of your monthly income.
Step 2 – Talk to a real estate agent in Muskogee
This is where Leslie Scott Realty, LLC comes in.
I'd love to schedule a time to meet with you and communicate with you about why you want to buy a home and get an idea of your future plans.
We'll talk about the mortgage and housing industries, other economic factors that could affect your buying decision today or in the future, as well as neighborhoods and school districts in the Muskogee area.
I'll also help you begin the loan process.
Leslie Scott Realty, LLC works with some of Muskogee's finest mortgage professionals, so you'll be in great hands.
They will assist you with determining which kind of loan is best for you and help you get approved.
Step 3 – Start house-hunting
After our initial meeting, I'll begin finding houses on the market that best suit you.
I'll get a sneak peek of many of the houses and remove the bad ones, and then we'll schedule appointments to view the houses whenever it's convenient for you.
When we view homes, I'll identify positive features and bad ones. I'll also ask you what things you like and dislike.
It's pretty common for buyers to amend their must-have list as we view houses and some items become more substantial than others.
If such is the case, I'll search the listings again and trim it down to the house you've been wishing for.
Step 4 – Get a grasp of the market
An agent's knowledge of the Muskogee market is a leading component in your home search. And I can assure you I'm informed of all the neighborhoods and school districts, and I will alert you to which neighborhoods are "hot" and require prompt action and others that are "cool" and allow for more consideration.
As we tour houses, I'll make sure to communicate if the seller's list price has room for negotiation or if I believe the home is "priced to sell."
When working with an agent, be careful and make sure you ask lots of questions, as every REALTOR in Muskogee will tell you they truly know the market.
If things don't add up, just call me at (918)348-9250 or e-mail me at , and I'll be more than happy to answer any questions you have. My understanding of the market will keep you a step above the rest throughout the entire process.
Step 5 – Find the house of your dreams
I'm positive we'll find the home of your dreams in Muskogee. When that happens, I'll meticulously develop your home purchase offer. The offer will be tailored exactly to your needs and the home, including a lot of contingencies. A few examples are getting financing, completing the home inspection, and a clean title.
When turning in your offer, you'll likely need to submit "earnest money." This is a cash deposit made to a seller to secure the offer to buy the property, and it's typically put towards the closing costs. If the offer is accepted, we should close on the home about 30 to 60 days afterward. This allows enough time for your mortgage financing.
Step 6 – Negotiate
Most contracts 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 discuss whether or not to consent to the counter offer, propose our own counter offer, or refuse the seller's offer and move on.
Market circumstances determine how aggressively we negotiate the contract.
We'll also work within your financing budget. And when it's all said and done, we'll formulate a deal that's best for you.
Step 7 – Get a loan
Once we sign the final contract, you'll begin working with your mortgage lender to close the loan.
If you've been pre-approved, it won't take much time at all, but you should to keep in close contact with your mortgage lender.
And I'll take care of all the property information your lender needs to close the loan.
Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing closing costs from your mortgage lender within three days of getting your loan application.
This estimate is formed from the loan amount. RESPA requirements mandate that it has to contain all closing costs and be within a narrow range of accuracy, and I'll examine the estimate and let you know if everything looks permissible.
Then it's time to close on your house. This will probably happen at a title company or escrow office and should be a smooth and pleasant affair.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything, simply call me at (918)348-9250 or e-mail me at .