Buying or selling a home? Ender & Associates Realty can help.

With some planning ahead of time, purchasing a home isn't too complicated, but the event intimidates a lot of people. So they understand exactly what they can expect, I like to supply buyers with a road map of the whole deal. Below 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 happy to answer any questions you have about this information.

Step 1 – Prepare to purchase a home
There are many things you should do before starting your home search. When you start your search, you'll want to create an outline of must-haves, get a plan of what school districts you want to live in, and start working on your budget. Keeping your mortgage payment less than 30 percent of your net monthly income is a good rule of thumb to adhere to.

Step 2 – Get in touch with a real estate agent in Mineral Wells
This is where I come in. I'd love to book a time to get together with you and speak with you about why you want to buy a home and get an idea of your plans for the future. We'll talk about everything from neighborhoods, school districts in the Mineral Wells area, the mortgage and housing industries, to any other economic factors that could affect your purchase today or in the future.

I'll also help you begin the loan process. There are some very good mortgage professionals in Mineral Wells, and I work with a lot of them, so you're in great hands. They can help you decide which type of loan is best for you, as well as help you get approved.

Step 3 – Start house-hunting
After we meet for the first time, I'll start looking for houses on the market that are good for you. I'll get a sneak peek of many of the houses and reject the bad ones, and then we'll book appointments to tour the houses when it's convenient for you.

When we view houses, I'll point out positive features, as well as negative ones. I'll also ask you what things you like and dislike. For the most part, buyers change their wish list as we view homes and some features become far more crucial than others. If that's the situation, I'll search all the listings again and narrow it down to the home you've been dreaming about.

Step 4 – Understand the housing market
My knowledge of the Mineral Wells housing market is an imperative element in your home search. I am informed of all the neighborhoods and schools, and I will let you know some neighborhoods are "hot" and demand immediate action and some that are "cold" and allow for thoughtful consideration.

When we tour houses, I'll be sure to tell you when the list price has room for negotiation and when I think the home is "priced to sell." When working with an agent, trust your instincts and make sure you ask a lot of questions. Every real estate agent in Mineral Wells will convince you they know the home market. If things don't add up, just call me at (940) 325-2006 or e-mail me at , and I'd be happy to answer any questions you might have. My market expertise will keep you a step above the rest through the entire deal.

Step 5 – Find your dream home
We'll find your dream home in the Mineral Wells area, and when we do, I'll meticulously create your home purchase offer. The offer will be tailored keeping your needs in mind and the home, including several contingencies. A few examples are obtaining financing, finishing the inspection, and a clean title.

When we turn in your purchase offer, you'll probably need to submit "earnest money." This is a cash deposit made to a seller to secure the offer to buy the property and is often applied to the cost of closing. If your offer is accepted by the seller, we should close about 30 to 60 days after. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
Most deals don't close on the initial offer – it's widely common to receive a counter offer. Don't let this intimidate you. We'll talk about whether or not to agree to the counter offer, submit our own counter offer, or reject the seller's offer and move on.

Market conditions will play a part in how aggressively we negotiate the deal. In addition, we'll work within your financing budget. And at the end of the day, we'll create a contract that is best for you.

Step 7 – Obtain a loan
After we sign the final sales contract, you'll begin working with your mortgage lender to close the loan. If you're already pre-approved, it won't take very long at all. However, you'll want to keep in close contact with your mortgage lender. And I'll manage all the property information your lender will need to close the loan.

Step 8 – Close the deal
Your lender will give you a Loan Estimate (LE) outlining your closing costs within three days of accepting your loan application. You'll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of receiving your loan application. The estimate is based on the loan amount. RESPA requirements mandate that it has to contain all closing costs and fall within a strict range of accuracy, and I'll study the estimate and let you know if it all looks permissible.

Then it's time to close on your home. This will most often happen at a title company or escrow office and will probably be a smooth and calm occasion.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, just contact me at (940) 325-2006 or e-mail me at .

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