Buying or selling a home? All Seasons Real Estate, Inc can help.

For many people, purchasing a home is a stressful event. However, with some up-front planning, it isn't very complex. I like to furnish buyers with an outline of the whole deal so they know exactly what to expect. Here are my nine steps to buying a home. If you have any questions about this information or if you're prepared to get started, simply contact me here or e-mail me at .

Step 1 – Get ready to purchase
There are plenty of things you need to do prior to starting your home search. When you begin your search, you'll probably want to create an outline of items you need, plan for what school districts you'd like to live in, and begin working on your budget. A good guideline to adhere to is that your mortgage payment should be a third of your monthly income.

Step 2 – Communicate with a real estate agent
That's where I can help. I'd like to plan a time to get together with you and communicate with you about your real estate needs and get an idea of your plans for the future. We'll discuss the mortgage industry, other economic factors that could potentially affect your buying decision today or in the future, as well as neighborhoods and school districts in the Covina area.

I'll also help you get started on your loan. All Seasons Real Estate, Inc partners with some of the finest mortgage professionals in Covina, so you'll be in great hands. They can assist you with determining which kind of loan is best for you and help you get qualified.

Step 3 – Start looking for a house
After our first meeting, I'll begin looking for available houses on the market that are a good fit for you. I'll research most of the homes and remove the bad ones, and then we'll schedule appointments to tour the homes whenever it's convenient for you.

When we view the homes, I'll call attention to good features and negative ones. And I'll ask you what things you like and dislike. It's common for buyers to revise their must-have list as we tour homes and some items become more essential than others. If that's the case, I'll search the listings once more and trim it down to the home you've been waiting for.

Step 4 – Know the housing market
Your agent's knowledge of the Covina market is a crucial factor in your home search. And I can assure you I'm informed of all the neighborhoods and school districts, and I'll alert you to some areas are "hot" and warrant prompt action and others that are "cold" and allow for careful examination.

As we view homes, I'll make sure to communicate when the seller's list price has room for bargaining and also when I know the home is "priced to sell." When working with an agent, be careful and make sure you ask a lot of questions. Every REALTOR will tell you they comprehend the home market. If things don't add up, call me at (626) 339-0697 or e-mail me at , and I'd be happy to answer any questions you might have. My market expertise will help you stay a step above the rest throughout the entire deal.

Step 5 – Find the home of your dreams
I'm confident we'll find your dream house in the Covina area. When that happens, I'll thoroughly create your home purchase offer. The offer will be tailored exactly to your needs and the home, including some contingencies. A few examples are acquiring financing, completing the inspection, and a clean title.

Upon turning in your offer, you'll need to present "earnest money." This is a cash deposit given to the home seller to secure an offer to buy the property and is typically applied to the cost of closing. If your offer is accepted by the seller, we should close on the home about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
Most deals don't close on the initial offer – it's really common to receive a counter offer. Don't let it alarm you. We'll discuss whether or not to take the counter offer, present our own counter offer, or refuse the seller's offer and go on.

Market circumstances will play a large role in how aggressively we negotiate the deal. In addition, we'll work within your budget. And at the end of the day, we'll create a contract that works well for you.

Step 7 – Obtain your loan
Upon finalizing the contract, you'll start working with your mortgage lender to close the loan. If you're pre-qualified, it shouldn't take much time at all, but you'll need to keep in close contact with your mortgage lender. And I'll deal with 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) outlining your closing costs from your lender within three days of receiving your loan application. The estimate is formed from the loan amount, and RESPA requirements dictate that it has to contain all closing costs and fall within a strict range of accuracy. I'll review the estimate and let you know if everything looks permissible.

Then it's time to close on your house. This should occur at a title company or escrow office and should be a smooth and pleasant occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, just contact me at (626) 339-0697 or e-mail me at .

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