Are you purchasing your new home in Mary Esther? Shannon Wade Henley can help.

Buying a home intimidates many people, but it isn't all that complex with a little planning ahead of time. So they understand exactly what to expect, I'll give buyers a road map of the whole deal. Here are my nine steps to buying a home. Should you have any questions regarding this information or if you're prepared to get started, you can contact me here or e-mail me at .

Step 1 – Get ready to purchase a home
There are many things you'll want to consider prior to starting your home search. It's likely that you'll want to form an index of features you want, get an idea of what neighborhoods you'd like to live in, and begin working on your budget. Ensuring your mortgage payment is less than 1/3 of your net monthly income is a good rule to go by.

Step 2 – Get in touch with a real estate agent in Mary Esther
That's where I come in. We'll book a time to get together so we can talk about your real estate needs and get an idea of your future plans. We'll discuss everything from neighborhoods, schools in the Mary Esther 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 with getting started on your loan. Shannon Wade Henley works with some of the best mortgage professionals in Mary Esther, so you're in great hands. They can assist you with determining which type of loan is best for you and help you get qualified.

Step 3 – Begin house-hunting
After our first meeting, I'll start searching for homes on the market that suit your needs. I'll preview most of the homes and reject the duds, and then we'll schedule appointments to view the houses whenever it's most convenient for you.

When we view houses, I'll show you the positive features and negative ones. And I'll ask you to point out what things you like and dislike. It's common for buyers to amend their must-have list as we view homes and some things become more substantial than others. If that's the case, I'll look through all the listings once more and narrow it down to the house you've been waiting for.

Step 4 – Understand the market
My understanding of the Mary Esther housing market is a fundamental element in your house search. I am familiar with all the school districts and neighborhoods, and I'll let you know which areas are "hot" and require prompt action and the ones that are "cool" and allow for more consideration.

As we view homes, I'll let you know if the seller's list price has room for bargaining or if I believe the house is "priced to sell." When working with an agent, trust your instincts and be sure to ask a lot of questions. Every real estate agent will claim to truly know the market. If it appears they don't know everything, call me at 850-217-4530 or e-mail me at , and I'd be glad to answer any questions you have. My market knowledge will help you stay a step above the rest throughout the entire deal.

Step 5 – Find the house of your dreams
I'm certain we'll find your dream home in the Mary Esther area. When that happens, I'll precisely develop your purchase offer. The offer will be made to suit your needs and the home. We'll include several contingencies, such as acquiring financing, completing the home inspection, and a clear title.

Upon presenting your purchase offer, you'll want to present "earnest money." This is a cash deposit made to the home seller to secure the offer to purchase the property, and it's often applied to the cost of closing. If the seller accepts your offer, we should close on the property within 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
A lot of deals don't close on the beginning offer. It's very common to receive a counter offer. But don't let it intimidate you. We'll discuss whether or not to accept the counter offer, propose our own counter offer, or refuse the seller's offer and go on.

The state of the market will play a vital role in how aggressively we negotiate the deal. In addition, we'll work within your financing limits. And at the end of the day, we'll create a deal that is best for you.

Step 7 – Secure financing
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan. This shouldn't take much time at all if you're already pre-approved, but you'll want to stay in close contact with your lender. And I'll manage all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
Your lender will provide you with a Loan Estimate (LE) outlining your closing costs within three days of taking your application. You'll get a Loan Estimate (LE) of your closing costs from your mortgage lender within three days of taking your loan application. This estimate rests 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 it all looks permissible.

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

Step 9 – Move in
Congratulations! 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 850-217-4530 or e-mail me at .

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