Buying your home in Naples with Metro Properties

Purchasing a home is stressful for many people. However, with a bit of planning ahead of time, it isn't very complicated. So you'll understand exactly what to expect, we like to furnish our buyers with an outline of the entire deal. Here are our nine steps to buying a home.

Step 1 – Prepare to buy a home
There are a lot of things you need to contemplate before starting your home search. You'll most likely want to form an outline of must-haves, get a feeling for what neighborhoods and school districts you'd like to live in, and begin working on your budget. Ensuring your mortgage payment is no more than 1/3 of your net monthly income is a good guideline to follow.

Step 2 – Contact a real estate agent in Naples
This is where we can help. We'd be happy to set up a time to get together with you and speak with you about your real estate needs and get an idea of your plans for the future. We'll discuss everything from neighborhoods, schools in the Naples area, the mortgage industry, to any other economic factors that might affect your purchase today or in the future.

In addition, we'll help you get started on your loan. There are some excellent mortgage professionals in Naples, and we work with a lot of them, 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 looking for a home
After our first meeting, we'll start looking for homes on the market that suit your needs. We'll preview most of the homes and exclude the bad ones, and then we'll schedule appointments to tour the houses whenever it's most convenient for you.

As we tour the homes, we'll point out good features, as well as bad ones. we'll also ask you what things you like and dislike. Frequently, buyers revise their list of must-haves as we tour houses and some items become more essential than others. If such is the case, we'll search the listings another time and narrow it down to the home of your dreams.

Step 4 – Get a grasp of the housing market
An agent's knowledge of the Naples home market is a necessary aspect in your home search. And we can assure you we're very familiar with all the school districts and neighborhoods, and we can alert you to what areas are "hot" and warrant immediate action and the rest that are "cold" and allow for more analysis.

When we view homes, we'll make sure to communicate when the seller's list price has room for negotiation and when I think the home is "priced to sell." When working with an agent, be on guard and make sure you ask a lot of questions. Any real estate agent will convince you they truly understand the market. If things don't add up, contact us at (800) 252-6633 or e-mail us at alamodeagent@gmail.com, and we'll be more than happy to answer any questions you might have. Our understanding of the market will keep you a step above the rest through the entire deal.

Step 5 – Find the home of your dreams
We're sure we'll find your dream home in Naples. When we do, we'll meticulously develop your real estate purchase offer. The offer will be tailored to suit your needs, including many contingencies. A few examples are getting financing, finishing the inspection, and a clear title.

Upon submitting your offer, most likely you'll need to present "earnest money." This is a cash deposit made to the seller to secure an offer to purchase the property, and it's most often put towards the cost of closing. If the offer is accepted, we should close on the home about 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
A lot of deals aren't closed on the beginning offer – it's pretty common to receive a counter offer. Don't let this intimidate you. We'll talk over whether or not to take the counter offer, propose our own counter offer, or refuse the seller's offer and move on.

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

Step 7 – Get financing
After the deal is finalized, you'll begin working with your mortgage lender to close the loan. It won't take long at all if you're pre-approved, but you should to keep in close contact with your mortgage lender. And we'll care for all the property information your lender needs to close the loan.>

Step 8 – Close the deal
You'll get a Good Faith Estimate (GFE) outlining closing costs from your lender within three days of getting your application. This estimate rests on the loan amount. RESPA requirements dictate that it has to contain all closing costs and fall within a precise range of accuracy, and we'll review the estimate and let you know if everything looks adequate.

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

Step 9 – Move in
Success! Now you can move into your new home. Enjoy it. And if you have any questions, be sure to call us at (800) 252-6633 or send us an e-mail.