Buying or Selling a Home? Choice Properties Can Help.

Purchasing a home is an intimidating event for most people, but it's not all that difficult with a bit of up-front planning. We like to supply buyers with a road map of the entire deal so they'll understand exactly what they can expect. Below are our nine steps to buying a home.

If you have questions about any of this information or if you're prepared to get started, just contact us here or send e-mail to miranda@mirandaschoice.com.

Step 1:  Get ready to purchase a home
There are a lot of things you need to contemplate prior to beginning your home search. It's likely that you'll want to make an outline of items you want, plan for what neighborhoods you'd like to live in, and begin planning around your budget. Ensuring your mortgage payment is less than a third of your monthly income is a good rule to follow.

Step 2:  Get in touch with a real estate agent in Charlotte
This is where we come in. We can book a time to meet so we can talk about your real estate needs and get an idea of your plans for the future. We'll talk about everything from neighborhoods, school districts in the Charlotte area, the mortgage and housing industries, to any other economic factors that might affect your buying decision today or in the future.

We can also assist you in getting started on your loan. We partner with some of the finest mortgage professionals in Charlotte, so you'll be in great hands. They will help you determine which kind of loan is best for you, as well as help you get approved.

Step 3:  Begin house hunting
After our initial meeting, we'll begin finding available houses on the market that suit your needs. We'll get a sneak peek of many of the houses and throw out the duds, and then we'll set up appointments to view the houses when it's convenient for you.

As we view houses, we'll identify good features, as well as bad ones. we'll even ask you to talk about things you like and don't like. It's widely common for buyers to change their wish list as we tour homes and some features become more crucial than others. If that's the case, we'll go back through the listings one more time and trim it down to the home you've been wishing for.

Step 4:  Know the housing market
Our knowledge of the Charlotte housing market is an essential asset in your search. We're acquainted with all the neighborhoods and school districts, and we will let you know certain districts are "hot" and require prompt action and the ones that are "cold" and allow for more examination.

When we tour homes, we'll make sure to communicate if the seller's list price has room for bargaining or if I believe the house is "priced to sell." Be on guard and be sure to ask your agent lots of questions, as every REALTOR® in Charlotte will convince you they truly know the market. If it doesn't seem like they know everything, call us at 704-541-8088 Ext 14 or e-mail us at miranda@mirandaschoice.com, and we'd be happy to answer any questions you have. Our market expertise will help you stay a step ahead through the entire process.

Step 5:  Find the home of your dreams
We're positive we'll find your dream house in Charlotte. When we do, we'll precisely create your home purchase offer. The offer will be tailored exactly to your needs, including several contingencies, such as acquiring financing, finishing the inspection, and a clear title.

Let Choice Properties, LLC guide you through finding your dream home in Charlotte Upon presenting your offer, you'll likely need to submit "earnest money." This is a cash deposit made to a seller to secure an offer to buy the property and is typically applied to the closing costs. If the seller accepts the offer, we should close on the home within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6:  Negotiate the deal
Most deals aren't closed on the initial offer. It's very common to receive a counter offer. But don't let it discourage you. We'll consider whether or not to accept the counter offer, present our own counter offer, or reject the seller's offer and move on.

Market circumstances determine 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
Upon finalizing the contract, you'll begin working with your mortgage lender to close the loan. If you're already pre-qualified, it won't take much time at all. However, you need to stay in close contact with your lender. And we'll look after all the property information your lender will need to close the loan.>

Step 8:  Close the deal
You'll get a Good Faith Estimate (GFE) of closing costs from your mortgage lender within three days of accepting your application. This estimate rests on the loan amount, and RESPA requirements require that it has to include all closing costs and be within a tight range of accuracy. we'll go over the estimate and let you know if everything looks good.

Then we'll close on your house. This will most often happen at a title company or escrow office and will likely be a smooth and stress-free 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, simply call us at 704-541-8088 Ext 14 or send us an e-mail.

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