Are you buying a home in Millersburg?

Buying a home is intimidating for many people, but it isn't very complicated with some planning ahead of time. I like to furnish buyers with an outline of the entire deal so they understand exactly what they can expect. 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 address any questions you have regarding this information.

Step 1 – Get ready to buy a home
Before you start your home search, there are plenty of things you should take into account. You'll probably want to assemble a list of items you need, get a feeling for what neighborhoods you'd like to live in, and start planning around your budget. A good rule to adhere to is that your mortgage payment should be a third of your monthly income.

Step 2 – Talk to a real estate agent
This is where JCT Realty, Inc. comes in. We can schedule a time to get together so we can talk about your real estate needs and get an idea of your plans for the future. We'll discuss everything from neighborhoods, school districts in the Millersburg area, the mortgage and housing industries, to any other economic factors that could affect your buying decision today or in the future.

In addition, I'll assist you with getting started on your loan. There are some great mortgage professionals in Millersburg, and I partner with a lot of them, so you can rest assured that you're in great hands. They will assist you in choosing which kind of loan is best for you and help you get approved.

Step 3 – Start house-hunting
Following our initial meeting, I'll begin finding available homes on the market that are a great fit for you. I'll research many of the homes and reject the bad ones, and then we'll book appointments to tour the homes at a time that's convenient for you.

As we view the homes, I'll call attention to positive features and negative ones. I'll even ask you to tell us about things you like and don't like. Oftentimes, buyers revise their list of must-haves as we view houses and some items become far more essential than others. If that happens, I'll go back through all the listings once more and narrow it down to the home you've been waiting for.

Step 4 – Understand the market
My awareness of the Millersburg home market is a leading agent in your house search. I'm mindful of all the schools and neighborhoods, and I'll alert you to what districts are "hot" and call for immediate action and the ones that are "cool" and allow for careful consideration.

When we tour homes, I'll make sure to communicate when the seller's list price has room for bargaining and also when I know the home is "priced to sell." When working with an agent, be careful and be sure to ask plenty of questions, as every real estate agent will tell you they understand the home market. If it seems like they don't know everything, contact me at (717) 692-2206 or e-mail me at , and I'd be glad to answer any questions you might have. My knowledge of the market will keep you a step ahead throughout the entire process.

Step 5 – Find the home you've been waiting for
We'll find the home of your dreams in the Millersburg area, and when we do, I'll carefully create 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, finishing the home inspection, and a clear title.

When we send in your offer, you'll need to submit "earnest money." This is a cash deposit given to a seller to secure the offer to purchase the property and is usually put towards the cost of closing. 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 the deal
A lot of contracts don't close on the beginning offer – it's extremely common to receive a counter offer. Don't let this intimidate you. We'll talk about whether or not to agree to the counter offer, present our own counter offer, or decline the seller's offer and move on.

Market conditions will play a part in how aggressively we negotiate the contract. In addition, we'll work within your financing limits. And when it's all said and done, we'll formulate a contract that works well for you.

Step 7 – Get a loan
Once we sign the final sales contract, you'll begin working with your mortgage lender to close the loan. It shouldn't take long at all if you've been pre-approved, but you'll want to stay in close contact with your lender. And I'll care for all the property information your lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of taking your application. The estimate rests on the loan amount. RESPA requirements require that it has to include all closing costs and fall within a precise range of accuracy, and I'll examine the estimate and let you know if it all looks permissible.

Then it's time to close on your home. This will likely happen at a title company or escrow office and should be a smooth and stress-free event.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, be sure to contact me at (717) 692-2206 or e-mail me at .