Are you contemplating purchasing your home in Mebane? Great Scott Properties LLC can help.

Purchasing a home is stressful for many people. However, with a bit of up-front planning, it's not all that complex. So you'll understand exactly what to expect, I like to give my buyers an overview of the whole deal. Here are my nine steps to buying a home.

Step 1 – Get ready to purchase
There are a lot of things you need to do before starting your home search. When you start your search, you'll probably want to assemble a list of must-have features, get a feeling for what school districts you want to live in, and begin planning your budget. Ensuring your mortgage payment is around 1/3 of your net monthly income is a good rule to adhere to.

Step 2 – Contact a real estate agent in Mebane
This is where I come in. I'd be happy to book a time to get together with you and communicate with you regarding why you want to buy a home and get an idea of your future plans. We'll talk about everything from neighborhoods, school districts in the Mebane area, the mortgage industry, to any other economic factors that might affect your purchase today or in the future.

In addition, I'll assist you in getting started on your loan. I partner with some of Mebane's best mortgage professionals, so you'll be in great hands. They can help you figure out which type of loan is best for you, as well as help you get qualified.

Step 3 – Begin house hunting
After our first meeting, I'll begin searching for homes on the market that are a great fit for you. I'll get a sneak peek of many of the houses and ignore the duds, and then we'll set up appointments to tour the homes when it's convenient for you.

When we view homes, I'll show you the good features and bad ones. I'll even ask you what things you like and dislike. Generally, buyers update their wish list as we tour homes and some features become more crucial than others. If that's the case, I'll go back through all the listings once more and trim it down to the house you've been wishing for.

Step 4 – Get a feel for the housing market
An agent's awareness of the Mebane home market is a leading agent in your home search. And I assure you I'm familiar with all the neighborhoods and schools, and I'll communicate certain neighborhoods are "hot" and warrant prompt action and the rest that are "cool" and allow for thoughtful analysis.

When we view homes, I'll let you know if the seller's asking price has room for bargaining or if I believe the home is "priced to sell." When working with an agent, be careful and make sure you ask plenty of questions. Any real estate agent will claim to truly know the market. If it appears they don't know everything, call me at 3362131617 or e-mail me at greatscottrealtors@gmail.com, and I'd be happy to answer any questions you may have. My understanding of the market will keep you a step ahead throughout the entire deal.

Step 5 – Find the home of your dreams
I'm positive we'll find your dream house in Mebane. When that happens, I'll thoroughly create your purchase offer. The offer will be tailored to suit your needs, including some contingencies. A few examples are getting financing, finishing the inspection, and a clear title.

When we present your purchase offer, you'll probably need to submit "earnest money." This is a cash deposit given to a home seller to secure the offer to purchase the property, and it's typically put towards the closing costs. If the offer is accepted, we should close on the property within 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Most deals don't close on the initial offer, and it's really common to receive a counter offer. But don't let this alarm you. We'll talk about whether or not to consent to the counter offer, propose our own counter offer, or decline the seller's offer and go on.

How aggressively we negotiate the contract depends on market conditions. In addition, we'll work within your budget. And when it's all said and done, we'll put together a contract that works well for you.

Step 7 – Secure a loan
Once we sign the final contract, you'll begin working with your lender to close the loan. It shouldn't take long at all if you're pre-qualified, but you'll want to stay in close contact with your mortgage lender. And I'll sort out all the property information your lender needs to close the loan.>

Step 8 – Close the deal
Your lender will send you a Loan Estimate (LE) detailing closing costs within three days of taking your application. The estimate is formed from the loan amount, and RESPA requirements order that it has to involve all closing costs and fall within a precise range of accuracy. I'll go over the estimate and let you know if everything looks all right.

Then it's time to close on your house. This will probably occur at a title company or escrow office and will most often be a smooth and hassle-free affair.

Step 9 – Move in
You made it! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, be sure to contact me at 3362131617 or send me an e-mail.