Buying or selling a home? Piedmont Realty Inc can help.

With some up-front planning, purchasing a home isn't very difficult, but the event is stressful for many people. I like to supply buyers with an outline of the entire deal so they understand exactly what to expect. Here are my nine steps to purchasing a home. Should you have questions regarding this information or if you're ready to get started, you can contact me here or e-mail me at .

Step 1 – Prepare to buy a home
There are a lot of things you should contemplate before you look for a home. When you begin your search, you'll probably want to assemble an index of features you want, get a feel for what school districts you want to live in, and start working on your budget. A good principle to follow is that your mortgage payment should be around 30 percent of your monthly income.

Step 2 – Communicate with a real estate agent in Piedmont
This is where I can help. We can schedule a time to meet so we can talk about why you want to buy a home and get an idea of your future plans. We'll discuss everything from neighborhoods, school districts in the Piedmont area, the mortgage industry, to any other economic factors that may affect your purchase today or in the future.

I'll also assist you with getting started on your loan. I work with some of Piedmont's finest mortgage professionals, so you'll be in great hands. They'll help you choose which type of loan is best for you, as well as help you get approved.

Step 3 – Start house hunting
After our initial meeting, I'll begin looking for available homes on the market that are a great fit for you. I'll get a sneak peek of many of the homes and remove the duds, and then we'll set up appointments to tour the houses when it's convenient for you.

When we view the homes, I'll identify positive features and negative ones. I'll even ask you about things you like and dislike. Frequently, buyers amend their list of must-haves as we view houses and some items become far more crucial than others. If such is the case, I'll search the listings another time and narrow it down to the house you've been waiting for.

Step 4 – Know the housing market
An agent's understanding of the Piedmont housing market is a leading component in your house search. And I assure you I'm conscious of all the schools and neighborhoods, and I'll alert you to what districts are "hot" and call for prompt action and some that are "cool" and allow for careful consideration.

As we tour houses, I'll be sure to tell you if the asking price has room for bargaining or if I believe the house is "priced to sell." When working with an agent, be on guard and make sure you ask a lot of questions, as any REALTOR in Piedmont will tell you they understand the home market. If things don't add up, contact me at 405-373-3970 or e-mail me at , and I'll be more than happy to answer your questions. My market expertise will help you stay a step ahead through the entire process.

Step 5 – Find your dream house
We'll find your dream home in the Piedmont area, and when we do, I'll precisely develop your purchase offer. The offer will be tailored with your needs in mind and the home, including many contingencies. A few examples are acquiring financing, completing the inspection, and a clean title.

When turning in your offer, you'll likely need to submit "earnest money." This is a cash deposit given to the home seller to secure the offer to buy the property and is most often put towards the cost of closing. If the offer is accepted by the seller, we should close within 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate
Most contracts don't close on the first offer. It's really common to receive a counter offer. Don't let this intimidate you. We'll figure out whether or not to take the counter offer, present our own counter offer, or decline the seller's offer and go on.

How aggressively we negotiate the deal depends on the state of the market. We'll also work within your financing constraints. And at the end of the day, we'll assemble a deal that works well for you.

Step 7 – Secure financing
After the contract is finished, you'll start working with your lender to close the loan. This shouldn't take very long at all if you're already pre-approved, but you'll need to keep in close contact with your mortgage lender. And I'll handle all the property information your mortgage lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) of your closing costs from your mortgage lender within three days of getting your loan application. The estimate rests on the loan amount, and RESPA requirements mandate that it has to contain all closing costs and be within a strict range of accuracy. I'll examine the estimate and let you know if everything looks okay.

Then it's time to close on your home. This will likely occur at a title company or escrow office and will most often be a smooth and peaceful occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, make sure you contact me at 405-373-3970 or e-mail me at .