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Are you buying your home in Delray Beach? D'Addio Realty can help.

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

Step 1 – Prepare to purchase a home
There are plenty of things you need to take into account prior to commencing your home search. When you start your search, you'll probably want to make a check list of items you need to have, get a plan of what neighborhoods and school districts you'd like to live in, and start planning your budget. A good principle to adhere to is that your mortgage payment should be 1/3 of your net monthly income.

Step 2 – Talk to a real estate agent
This is where I come in. I'd be happy to schedule a time to meet 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, schools in the Delray Beach area, the mortgage industry, to any other economic factors that may potentially affect your buying decision today or in the future.

I'll also help you facilitate the loan process. I work with some of the finest mortgage professionals in Delray Beach, so you're in great hands. They'll help you decide which type of loan is best for you, as well as help you get approved.

Step 3 – Begin looking
Following our first meeting, I'll start looking for available houses on the market that are great for you. I'll research most of the homes and eliminate the bad ones, and then we'll set up appointments to tour the homes when it's most convenient for you.

When we view homes, I'll point out good features and negative ones. I'll also ask you what things you like and don't like. Generally, buyers update their list of must-haves as we tour homes and some things become more important than others. If that's the situation, I'll look through the listings again and trim it down to the house you've been dreaming about.

Step 4 – Get a grasp of the housing market
An agent's knowledge of the Delray Beach market is a leading factor in your house search. And I assure you I'm informed of all the neighborhoods and school districts, and I'll alert you to certain neighborhoods are "hot" and warrant prompt action and some that are "cold" and allow for more examination.

As we tour homes, I'll be sure to tell you when the seller's list price has room for bargaining and also when I know the home is "priced to sell." Any real estate agent will convince you they understand the home market, but take notice, and be sure to ask a lot of questions. If things don't add up, call me at (561) 212-3347 or e-mail me at , and I'll be glad to answer any questions you have. My market expertise will help you stay a step above the rest through the entire process.

Step 5 – Find your dream house
I'm positive we'll find your dream house 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 several contingencies. A few examples are obtaining financing, finishing the inspection, and a clear title.

When we send in your offer, you'll probably want to present "earnest money." This is a cash deposit submitted to a home seller to secure the offer to purchase the property and is most often put towards the closing costs. If the offer is accepted by the seller, we should close on the property within 30 to 60 days afterward. This allows ample time for your mortgage financing.

Step 6 – Negotiate
A lot of contracts aren't closed on the beginning offer – it's very common to receive a counter offer. Don't let it discourage you. We'll talk about whether or not to take the counter offer, propose our own counter offer, or decline the seller's offer and move on.

The state of the market determines how aggressively we negotiate the deal. We'll also work within your financing budget. And at the end of the day, we'll create a deal that is best for you.

Step 7 – Get a loan
Once the deal is finished, you'll start working with your mortgage lender to close the loan. If you're already pre-approved, it shouldn't be a long process at all. But you need to stay in close contact with your lender. And I'll deal with all the property information your mortgage lender needs 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. This estimate depends on the loan amount, and RESPA requirements mandate that it has to include all closing costs and fall within a close range of accuracy. I'll examine the estimate and let you know if everything looks good.

Then it's time to close on your home. This will most often occur at a title company or escrow office and will likely be a smooth and relaxing event.

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything, simply contact me at (561) 212-3347 or e-mail me at .

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