Are you contemplating buying a new home in DuBois? Hoffer Realty Associates can help.

Buying a home is stressful for a lot of people, but it isn't all that hard with some planning ahead of time. So they'll know exactly what they can expect, I will furnish buyers with a road map of the whole deal. These are my nine steps to buying a home. If you have any questions about any of 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
Before you start looking for a home, there are plenty of things you should do. You'll want to assemble a checklist of features you want, get a plan of what neighborhoods and school districts you want to live in, and start planning your budget. Ensuring your mortgage payment is no more than 30 percent of your net monthly income is a good rule to adhere to.

Step 2 – Connect with a real estate agent
This is where Hoffer Realty Associates comes in. I'd like to plan a time to get together with you and speak with you about your real estate needs and get an idea of your upcoming plans. We'll talk about everything from neighborhoods, schools in the DuBois area, the mortgage and housing industries, to any other economic factors that could potentially affect your purchase today or in the future.

I'll also assist you in getting started on your loan. Hoffer Realty Associates partners with some of DuBois's finest mortgage professionals, so you'll be in great hands. They will assist you with choosing which type of loan is best for you and help you get qualified.

Step 3 – Start house hunting
After we meet, I'll begin looking for available homes on the market that suit your needs. I'll research many of the houses and exclude the duds, and then we'll schedule appointments to tour the houses when it's most convenient for you.

When we tour houses, I'll call attention to good features, as well as bad ones. I'll also ask you to talk about things you like and dislike. It's common for buyers to revise their list of must-haves as we tour homes and some things become far more substantial than others. If such is the case, I'll look through all the listings another time and trim it down to the house you've been wishing for.

Step 4 – Understand the housing market
Your agent's understanding of the DuBois home market is an imperative element in your house search. And I can assure you I'm familiar with all the neighborhoods and school districts, and I can alert you to what areas are "hot" and require prompt action and others that are "cold" and allow for thoughtful examination.

When we view houses, I'll be sure to tell you when the seller's asking price has room for bargaining and when I believe the home is "priced to sell." Any REALTOR in DuBois will convince you they truly know the home market, but be on guard, and make sure you ask a lot of questions. If it doesn't seem like they know everything, contact me at 8143712100 or e-mail me at , and I'd be happy to answer any questions you may have. My market knowledge will keep you a step ahead through the entire process.

Step 5 – Find the house you've been looking for
I'm confident we'll find the house of your dreams in DuBois. When that happens, I'll meticulously create your purchase offer. The offer will be tailored exactly to your needs and the home, including several contingencies. A few examples are getting financing, carrying out the home inspection, and a clear title.

Upon sending in your offer, you'll need to present "earnest money." This is a cash deposit given to the seller to secure the offer to buy the property, and it's most often put towards the cost of closing. If your offer is accepted by the seller, we should close on the property about 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Unfortunately most contracts don't close on the initial offer. It's widely common to receive a counter offer. Don't let this discourage you. We'll consider whether or not to take the counter offer, propose our own counter offer, or reject the seller's offer and go on.

How aggressively we negotiate the deal depends on market conditions. We'll also work within your budget. And at the end of the day, we'll formulate a contract that's best for you.

Step 7 – Get financing
Once the contract is complete, you'll start working with your lender to close the loan. It shouldn't take very long at all if you're already pre-approved, but you'll need to stay in close contact with your mortgage lender. And I'll deal with all the property information your lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of accepting your loan application. The estimate rests on the loan amount, and RESPA requirements dictate that it has to involve all closing costs and be within a precise range of accuracy. I'll go over the estimate and let you know if it all looks good.

Then we'll close on your home. This will most often happen at a title company or escrow office and is often a smooth and hassle-free occasion.

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, simply call me at 8143712100 or e-mail me at .

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