PROPERTY : 10 STEPs To Buy A New Home

10 STEPs to buy a new home

Step 1 : Make the decision

• Consider the reasons you want a new home and determine how long you want to live in the new home.
• Does buying a new home still make good financial sense for you.
• Make sure your choice meet your requirements.

Step 2 : Find and Seek Professional Guidance

• Sharing with them the reasons you want to buy a new home and your plans for the future.
• They will help in pre-qualified for a mortgage loan.
• Also will help in negotiating the deal.

Step 3 : Begin the Hunt

• The professional person will help you to point out positive and features.
• They will refine the criteria to narrow in on the homes of your dreams.

Step 4 : Know the Market

• They will let you know when the market in a particular neighborhood is "hot" and requires immediate action or when the market is "cool" and allows for thoughtful consideration.

Step 5 : Find Your Dream Home

• If the seller accepts the offer, generally closing is held 30 to 60 days from the offer date.

Step 6 : Negotiate the Deal

• Market conditions will play a role in how aggressively i negotiate the deal for decide whether or not to accept the counter offer.

Step 7 : Get a Loan

• They will be working with mortgage lender to close the loan.

Step 8 : Close the Deal

• The loan application is submitted to the lender.

Step 9 : Move Into Your New Home

Step 10 : Enjoy your exciting time in your new home.

Article References from www.ramadaproperty.com