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Buying or selling a home in Delray Beach? D'Addio Realty can help.

Buying a home is a stressful event for a lot of people. However, with a bit of planning ahead of time, it isn't that complex. So they'll understand exactly what they can expect, I will give buyers an outline of the whole deal. These 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 – Get ready to purchase
There are several things you should contemplate prior to beginning your home search. When you begin your search, you'll probably want to put together a list of items you need to have, plan for what neighborhoods and school districts you want to live in, and begin planning around your budget. A good principle to adhere to is that your mortgage payment should be around a third of your net monthly income.

Step 2 – Contact a real estate agent in Delray Beach
This is where I can help. I'd be more than happy to arrange a time to get together with you and communicate with you about your real estate needs and get an idea of your plans for the future. We'll talk about the mortgage industry, other economic factors that might affect your buying decision today or in the future, as well as neighborhoods and school districts in the Delray Beach area.

I can also help you start the loan process. D'Addio Realty partners with some of Delray Beach's finest mortgage professionals, so you can rest assured that you're in great hands. They'll help you choose which type of loan is best for you, as well as help you get qualified.

Step 3 – Start looking for a home
After our initial meeting, I'll start looking for available homes on the market that are good for you. I'll research most of the homes and remove the bad ones, and then we'll set up appointments to tour the homes whenever it's convenient for you.

As we view the homes, I'll call attention to good features, as well as negative ones. And I'll ask you to point out what things you like and dislike. Usually, buyers revise their list of must-haves as we tour homes and some items become far more essential than others. If that's the case, I'll look through all the listings again and narrow it down to the home you've been waiting for.

Step 4 – Know the housing market
An agent's understanding of the Delray Beach housing market is a leading aspect in your house search. And I can assure you I'm conscious of all the neighborhoods and schools, and I will communicate certain districts are "hot" and require prompt action and the ones that are "cool" and allow for careful consideration.

When we tour homes, I'll be sure to tell you when the asking price has room for bargaining and when I believe the home is "priced to sell." Be mindful and be sure to ask lots of questions, as every real estate agent in Delray Beach will tell you they understand the housing market. If it seems like they don't know everything, contact me at (561) 212-3347 or e-mail me at , and I'd be more than 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 your dream house
I'm certain we'll find the house of your dreams in the Delray Beach area. When that happens, I'll meticulously develop your real estate purchase offer. The offer will be tailored exactly to your needs and the home, including many contingencies. A few examples are getting financing, finishing the inspection, and a clean title.

Upon turning in your offer, you'll want to present "earnest money." This is a cash deposit made to a seller to secure the offer to buy the property. The amount is often put towards the closing costs. If your offer is accepted, we should close within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
A lot of contracts aren't closed on the initial offer, and it's really common to receive a counter offer. But don't let it intimidate you. We'll talk over whether or not to take the counter offer, submit our own counter offer, or decline the seller's offer and go on.

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

Step 7 – Secure financing
After we sign the final deal, you'll begin working with your lender to close the loan. If you're already pre-qualified, this shouldn't take much time at all. But you'll need 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
You'll get a Loan Estimate (LE) detailing closing costs from your lender within three days of accepting your application. This estimate is formed from the loan amount, and RESPA requirements order that it has to include all closing costs and fall within a strict range of accuracy. I'll review the estimate and let you know if everything looks good.

Then it's time to close on your house. This will probably take place at a title company or escrow office and will likely be a smooth and relaxing occasion.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything, just contact me at (561) 212-3347 or e-mail me at .

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