Buying or selling a home in Tulsa?
For many people, purchasing a home can be a stressful event. However, with a bit of planning ahead of time, it's not that complex.
So they understand exactly what they can expect, I will give buyers a road map of the entire deal.
These are my nine steps to buying a home.
When you're ready to get started, simply contact me here or e-mail me at . I'm glad to answer questions you have regarding this information.
Before you begin your home search, there are several things you need to contemplate. You'll probably want to make a check list of features you want, get a plan of what neighborhoods you'd like to live in, and start planning your budget. A good guideline to follow is that your mortgage payment should be less than or close to a third of your net monthly income. Step 2 – Contact a real estate agent
This is where I come in. I'd be happy to plan a time to get together with you and communicate with you about your real estate needs and get an idea of your upcoming plans. We'll talk about everything from neighborhoods, school districts in the Tulsa area, the mortgage and housing industries, to any other economic factors that may potentially affect your purchase today or in the future.
I can also assist you with getting started on your loan. Hickerson Realty works with some of the finest mortgage professionals in Tulsa, so you'll be in great hands. They will assist you in deciding which kind of loan is best for you and help you get approved.
Step 3 – Start house-hunting
After our first meeting, I'll start looking for homes on the market that are great for you. I'll get a sneak peek of most of the houses and reject the duds, and then we'll set up appointments to tour the houses when it's convenient for you.
As we tour homes, I'll point out positive features and negative ones. I'll even ask you what things you like and don't like. Frequently, buyers change their must-have list as we tour houses and some features become far more necessary than others. If that's the situation, I'll search all the listings once more and narrow it down to the home you've been dreaming about.
Step 4 – Understand the market
An agent's understanding of the Tulsa market is a necessary factor in your home search. And I can assure you I'm conscious of all the school districts and neighborhoods, and I will let you know what areas are "hot" and call for immediate action and the ones that are "cold" and allow for careful examination.
As we view houses, I'll let you know when the seller's asking price has room for bargaining and also when I believe the home is "priced to sell."
Any real estate agent will tell you they understand the housing market, but keep an eye out, and make sure you ask your agent plenty of questions.
If things don't add up, call me at (918) 970-4000 or e-mail me at , and I'd be happy to answer your questions. My market expertise will keep you a step above the rest through the entire process.
Step 5 – Find your dream house
I'm confident we'll find your dream home in the Tulsa area. When we do, I'll precisely develop your real estate purchase offer. The offer will be tailored to suit your needs and the home, including several contingencies. A few examples are obtaining financing, completing the inspection, and a clean title.
Step 6 – Negotiate
A lot of deals aren't closed on the beginning offer, and it's widely common to receive a counter offer. Don't let this intimidate you. We'll discuss whether or not to accept the counter offer, submit our own counter offer, or decline the seller's offer and move on.
Step 7 – Secure your loan
Once the deal is finished, you'll start working with your lender to close the loan. This shouldn't take long at all if you're pre-approved, but you should to keep in close contact with your mortgage lender. And I'll manage all the property information your mortgage lender needs 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 accepting your application. This estimate depends on the loan amount. RESPA requirements require that it has to include all closing costs and be within a tight range of accuracy, and I'll examine the estimate and let you know if it all looks good.
Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, simply call me at (918) 970-4000 or e-mail me at .