Buying or selling a home in DuBois? Hoffer Realty Associates can help.

Purchasing a home can be stressful for most people, but it isn't all that confusing with a little planning ahead of time. So they'll know exactly what to expect, I will give buyers an overview of the whole deal. Below are my nine steps to purchasing a home. When you're ready to get started, simply contact me here or e-mail me at . I'm happy to answer questions you have regarding this information.

Step 1 – Prepare to buy
There are many things you need to take into account before you look for a home. When you begin your search, you'll probably want to put together a checklist of items you want to have, get a feeling for what neighborhoods you'd like to live in, and start working on your budget. Ensuring your mortgage payment is less than 1/3 of your monthly income is a good rule to follow.

Step 2 – Connect with a real estate agent in DuBois
That's where I can help. I'd like to arrange a time to meet with you and talk about your real estate needs and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the DuBois area, the mortgage and housing industries, and any additional economic factors that might affect your purchase today or in the future.

I'll also help you begin the loan process. There are some great mortgage professionals in DuBois, and I partner with a lot of them, so you're in great hands. They can assist you in determining which kind of loan is best for you and help you get approved.

Step 3 – Begin house-hunting
After our initial meeting, I'll start finding available houses on the market that are good for you. I'll get a sneak peek of most of the houses and throw out the duds, and then we'll set up appointments to tour the homes whenever it's most convenient for you.

As we tour homes, I'll call attention to good features, as well as negative ones. I'll even ask you to tell us about things you like and don't like. It's common for buyers to update their must-have list as we tour houses and some features become far more important than others. If such is the case, I'll search all the listings once again and trim it down to the house you've been waiting for.

Step 4 – Get a grasp of the market
My knowledge of the DuBois market is an essential factor in your house search. I'm mindful of all the schools and neighborhoods, and I'll communicate some areas are "hot" and warrant prompt action and some that are "cool" and allow for more analysis.

As we tour houses, I'll let you know when the seller's list price has room for bargaining and also when I know the home is "priced to sell." Be on guard and make sure you ask plenty of questions, as every real estate agent will tell you they comprehend the housing market. If it appears they don't know everything, call me at 8143712100 or e-mail me at , and I'll be happy to answer any questions you have. My knowledge of the market will help you stay a step ahead through the entire deal.

Step 5 – Find the home you've been looking for
I'm positive we'll find your dream house in DuBois. When we do, I'll precisely create your home purchase offer. The offer will be tailored keeping your needs in mind and the home, including many contingencies. A few examples are getting financing, finishing the home inspection, and a clean title.

When turning in your purchase 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 usually applied to the cost of closing. If the offer is accepted, we should close on the home about 30 to 60 days after. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most deals don't close on the first offer, and it's widely common to receive a counter offer. But don't let this intimidate you. We'll talk over whether or not to agree to the counter offer, present our own counter offer, or refuse the seller's offer and go on.

Market conditions will play a big part in how aggressively we negotiate the contract. In addition, we'll work within your budget. And at the end of the day, we'll formulate a contract that works well for you.

Step 7 – Obtain a loan
After we sign the final deal, you'll start working with your mortgage lender to close the loan. If you're pre-approved, this won't be a long process at all. However, you need to stay in close contact with your lender. And I'll care for all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
Your mortgage lender will supply you with a Loan Estimate (LE) detailing closing costs within three days of taking your loan application. You'll get a Loan Estimate (LE) outlining your closing costs from your lender within three days of receiving your application. This estimate is formed from the loan amount, and RESPA requirements mandate that it has to contain all closing costs and be within a strict range of accuracy. I'll review the estimate and let you know if it all looks permissible.

Then we'll close on your home. This will most often take place at a title company or escrow office and should be a smooth and easygoing occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything, make sure you contact me at 8143712100 or e-mail me at .

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