Search Our Site:

Home Buying Process:
Pro Strategies To Buy Your House

Home Buying Process: Pro Strategies To Buy Your House. 



Following this ideas will smooth your home buying experience and spare headaches.

Naturally when I am working with a client, things just fall in place and we work the pieces of the puzzle organically. The clients even do not need to think there is a “process” being implemented.

I divide it schematically so it is easy to understand or, on a later date, you can retrace the process in case you think any part has to be revised.

It is not really hard and after you have a good overview, you also will be able to navigate and enjoy the ride.

Let’s begin with:


REALTOR® Hire

I bring this first and center in the home buying process because – if you still did not hire one – it makes little sense not to do so.

Most agents work on a commission that will be paid by the seller – even if do not someone working for you, that commission is set aside…

Real estate professionals are active on the field and can get you info that mostly you wouldn’t get o

n your own or would take you a lot of time to do it.

They are also – and, almost without exception, people with passion for what they do. They are hard workers to begin with, but because they work on commission, you can count they will on the top of things, otherwise they would not earn their commission check.

All in all, my recommendation would be – do hire a REALTOR®; ”you have nothing too loose except your blues”

Where else will you get qualified help that will not cost you a penny?

For more info please click here “Realtor Hire"



Financing Side

The next item in your home buying process agenda should be how to pay for your home. Actually this should be first ;-)

If you have enough cash to pay all up front, congratulations!

However if this is to be your primary residence you will miss out on your mortgage interest deduction (MID) and it can substantial throughout the years.

Even for my $1 million+ buyers a recommend some thinking: You can set that money aside and apply for a loan. That way you would benefit from one of the coolest things of being a homeowner.

In case you are in the majority of home buyers and you will finance your new house, there are many kinds of loans such as FHA, VA, Conventional and ARM that you can apply for.

Also, under the right circumstances, there are “Down Payment Assistance” programs that you may qualify for. It is a matter of you searching and asking questions to the right people.

For more info, please click here “Financing Process”

If you are a first time home buyer the info on my page “Home Grants” could give your home buying process a boost of tens of thousands of dollars. Please take a moment to check it out.


Credit Application

This would be your next natural stop – and nothing would have prevented you for already have done so.

A home loan application deviates little from other credit application you might have done.

Except that your home buying process does require a much larger “size” of a loan and you are most likely go through a bit more scrutiny this time around.

…If you haven’t ever applied for credit, then what we may have is a little hiccup – because to attain a home loan, you do have to have a credit record and your mid credit scores must be on the 620’s

Your REALTOR® may have some lenders that he/she can recommend and you also can look up on line. Always use extra caution whenever given your personal info on line.

Also talk with your bank and see what kind of deal they might offer you.

I have much more info about this part of the home buying process – including documents required - on the “Credit Application” page, please click here



Home Search

Let your home buying process begin in earnest!

The Internet has created a new and exciting chapter on home searching – I work with buyers across the state line and indeed I have worked with people who were serving in Iraq and Afghanistan. What a great tool!

However there is still room for others like keeping careful notes, fliers and, if you visit the homes in person, a digital camera or a camcorder will be invaluable when you sit down to make your final decision… specially if you take a little while to come to that point.

For more info please click here “Home Search”


Price

Believe it or not, countless buyers begin their home buying process with no clue of which price point they would be financially comfortable.

This is a very import “fact checking” you need to do in the get go.

Again I almost always assume that you will be financing it. If so, your loan officer will be able to determine your “buying power.”

It is based in your income, assets and debt to credit ratio and other financial facts.

For more info please click here to visit my “Price Process" page



Comps

However, before you take the plunge, your home buying process has one more important stage to look at – the home comps.

Stats of recent sales of houses in the area you are interested in buying can be attained on your own or by your agent.
This extremely important to justify the price you offering – without the comps, you are blindfolded driving in the middle of the traffic: you may pay too much or you may loose the house you like.

By all means get the comps before you submit an offer.

I think that you already have noticed that I discuss each of the points in more details on the links below so you can read more on those topics you need more.

Please check ‘em out!

And you can start with reading more about “Home Comps” - please click here


Credible Offer

When you find “the” one – and provided your financial side is all squared away, you must move in with a credible offer.

Nowadays, no seller will look at your offer without a “proof of funds” or “pre approval letter” from a reputable lender.

There should be an earnest money of around 1% of the offered price but no less than $1,000 – unless, of course, the property price is really small.

Another very important point that makes your offer “credible” is how soon you propose to close the deal – 30 to 45 days is ideal. More than that will raise the seller’s eyebrows… In a multiple offer situation this is crucial for you to emerge victorious!

That is why in my home buying process I work with my buyers to make sure the financing part is dealt with first hand.

If you heed me you will be glad you did so!

For more info please click here “Credible Offer”




Visitors’ Corner:
Now You Can Share YOUR Tips,
Comments And Questions

Now it is YOUR turn: Please give us your input!

Do you have some great comments on this topic you would like to share? Any question burning on your head? I would love to publish

YOUR Home Buying Process Story / Tips

Share it here and now! No membership required. No signing in bugger here. Anyone can contribute. Yes, even professionals in the field – lawyers, social workers, mortgage consultants or even other fellow real estate agents!

Everyone is welcome: Just open your heart!

I’d love to hear from you – simply click and follow instructions below





JC Fagundes, RE Agent |SERVICE. EXPERIENCE. EXCELLENCE.


› Process

Return To The Top Of This Page

Disclosures

Contact Us

Search More Within Our Site:

JC Fagundes - Agent at American Realty Professionals

To Search All Georgia Properties Listed
On This Site, Please Click Here:

Sitemap


To Calculate Your Mortgage Monthly Payments, Please Click Here:
Mortgage Monthly Payment Calculator


"All Real Estate Is Local:"
Here Are
Homes For Sale
In Many Communities
Around Atlanta that I specialize.
I Also Will Be Honored
To Serve As Your Agent -
If You Still Do Not Have One To Represent You.
Immediately below You will find links to daily updated for ALL homes for sale
in the following areas:


HOMES
FOR
SALE


Homes Listed
BY COUNTY:

COBB COUNTY HUB
Homes For Sale In 
Cobb Co
DeKALB COUNTY HUB
Homes_For_Sale_In
DeKalb_Co

FULTON COUNTY HUB
Homes_For_Sale_In
Fulton_Co

GWINNETT COUNTY HUB
Homes_For_Sale_In
Gwinnett_Co


Homes Listed 
BY CITY

Links To
Single Family Homes For Sale -
In
Alphabetical Order

By City:


Homes For Sale In
Acworth

Homes For Sale In
Austell
Homes For Sale In
Alpharetta

Homes For Sale In
Atlanta
Homes For Sale In
Avondale
Estates

Home For Sale In
Buford

Home For Sale In
Centerville
Homes For Sale In
Chamblee

Home For Sale In
Dacula

Homes For Sale In
Decatur

Homes For Sale In
Doraville
Home For Sale In
Duluth

Homes For Sale In
Dunwoody

Home For Sale In
Grayson

Homes For Sale In
Hapeville

Homes For Sale In
Johns Creek

Homes For Sale In
Kennesaw
Home For Sale In
Lawrenceville

Home For Sale In
Lilburn
Home For Sale In
Loganville

Homes For Sale In
Mableton

Homes For Sale In
Marietta
Homes For Sale In
Milton

Home For Sale In
Norcross

Home For Sale In
Peachtree
Corners

Homes For Sale In
Powder Springs

Homes For Sale In
Roswell

Homes For Sale In
Sandy Springs
Homes For Sale In
Smyrna
Home For Sale In
Snellville

Homes For Sale In
Stone Mountain

Homes For Sale In
Vinings


CONDOS
FOR
SALE


Condos Listed By County -
COBB COUNTY HUB
Condos For Sale In 
Cobb County

DeKALB COUNTY HUB
Condos For Sale In
DeKalb County

FULTON COUNTY HUB
Condos For Sale In
Fulton County

GWINNETT COUNTY HUB
Condos For Sale In
Gwinnett County


Condos
Listed
BY CITY

Links To Condos, Townhomes and Lofts For Sale In Alphabetical Order
By City:

Condos For Sale In
Acworth

Condos For Sale In
Alpharetta

Condos For Sale In
Atlanta
Condos For Sale In
Austell

Condos For Sale In
Avondale Estates

Condos For Sale In
Chamblee

Condos For Sale In
Decatur

Condos For Sale In
Doraville

Condos For Sale In
Dunwoody
Condos For Sale In
Hapeville

Condos For Sale In
Johns Creek

Condos For Sale In
Kennesaw
 
Condos For Sale In
Lawrenceville

Condos For Sale In
Lilburn

Condos For Sale In
Loganville

Condos For Sale In
Norcross

Condos
 For Sale In
Mableton

Condos For Sale In
Milton

Condos For Sale In
Marietta
Condos For Sale In
Peachtree Corners

Condos For Sale In
Powder Springs
Condos For Sale In
Roswell

Condos For Sale In
Sandy Springs
Condos For Sale In
Snellville

Condos For Sale In
Smyrna

Condos For Sale In
Stone Mountain
Condos For Sale In
Vinings


Commercial
Properties
FOR
SALE


Links To Commercial Properties For Sale Or Rent: 
COBB COUNTY HUB
Commercial Properties
For Sale/Rent In
Cobb County


DeKALB COUNTY HUB
Commercial Properties
For Sale/Rent In 
DeKalb County


FULTON COUNTY HUB
Commercial
Properties
For Sale/Rent In 
Fulton County


GWINNETT COUNTY HUB
Commercial Properties
For Sale/Rent In 
Gwinnett County



Related Pages With
Great Useful Info
to Newcomers and old-timers in these areas - where I work:

COBB HUB
Cobb County Homes For Sale


DEKALB HUB
DeKalb County Homes For Sale


FULTON HUB
Fulton County Homes
For Sale

Sandy Springs Homes For Sale


GWINNETT HUB
Gwinnett County Homes For Sale


To Calculate Your Mortgage Monthly Payments, Please Click Here:
Mortgage Monthly Payment Calculator


To Search All Georgia Properties Listed
On This Site, Please Click Here:
Sitemap


 Search More Within Our Site: