Are you contemplating purchasing a home in Burlington? David Massey Real Estate can help.

With some planning ahead of time, purchasing a home isn't all that difficult, but the event intimidates a lot of people. So they understand exactly what to expect, I like to provide buyers with an overview of the whole deal. These are my nine steps to buying a home. If you have questions about any of this information or if you're prepared to get started, simply contact me here or e-mail me at .

Step 1 – Prepare to buy
There are a lot of things you should take into account before commencing your home search. You'll want to make an outline of items you want, plan for what school districts and neighborhoods you want to live in, and start planning your budget. Keeping your mortgage payment around 1/3 of your monthly income is a good principle to follow.

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

In addition, I'll help you get started on your loan. There are some very good mortgage professionals in Burlington, and I partner with a lot of them, so you'll be in great hands. They can help you figure out which kind of loan is best for you, as well as help you get approved.

Step 3 – Start looking
After we meet, I'll start looking for houses on the market that are great for you. I'll get a sneak peek of many of the homes and ignore the duds, and then we'll book appointments to view the homes whenever it's most convenient for you.

As we tour homes, I'll call attention to good features and bad ones. I'll even ask you about things you like and don't like. It's pretty common for buyers to amend their wish list as we view houses and some items become far more substantial than others. If that's the case, I'll search the listings again and narrow it down to the house you've been dreaming about.

Step 4 – Comprehend the housing market
My knowledge of the Burlington home market is a necessary component in your home search. I'm informed of all the schools and neighborhoods, and I will alert you to some neighborhoods are "hot" and demand prompt action and the ones that are "cold" and allow for more examination.

When we view houses, I'll be sure to tell you when the list price has room for negotiation and when I know the house is "priced to sell." When working with an agent, trust your instincts and make sure you ask lots of questions, as every REALTOR in Burlington will convince you they truly understand the housing market. If things don't add up, contact me at (336) 226-9374 or e-mail me at , and I'd be happy to answer any questions you have. My market knowledge will help you stay a step above the rest throughout the entire process.

Step 5 – Find your dream house
I'm certain we'll find your dream home in Burlington. When that happens, I'll meticulously create your purchase offer. The offer will be made to suit your needs and the home. We'll include many contingencies, such as getting financing, carrying out the home inspection, and a clean title.

When we present your purchase offer, you'll want to present "earnest money." This is a cash deposit submitted to the seller to secure the offer to purchase the property, and it's often applied to the closing costs. If the offer is accepted, we should close on the home about 30 to 60 days after. This allows ample time for your mortgage financing.

Step 6 – Negotiate the deal
Most contracts aren't closed on the beginning offer – it's widely common to receive a counter offer. Don't let this discourage you. We'll discuss whether or not to take the counter offer, submit our own counter offer, or decline the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the contract. We'll also work within your financing constraints. And when it's all said and done, we'll create a contract that works well for you.

Step 7 – Secure financing
Once we sign the final deal, you'll begin working with your mortgage lender to close the loan. If you've been pre-qualified, it shouldn't take very long at all, but you should to keep in close contact with your lender. And I'll take care of all the property information your lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of accepting your loan application. The estimate is formed from the loan amount. RESPA requirements require that it has to contain all closing costs and be within a precise range of accuracy, and I'll review the estimate and let you know if it all looks all right.

Then we'll close on your house. This will likely occur at a title company or escrow office and will most often be a smooth and pleasant event.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you need anything or have any questions, just contact me at (336) 226-9374 or e-mail me at .

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