Let Pitts Realty assist you in buying a home in Canton

Purchasing a home is stressful for most people, but with a bit of planning ahead of time, it isn't that complex. We like to supply buyers with an overview of the entire deal so they'll know exactly what to expect. These are our nine steps to purchasing a home.

Step 1 – Prepare to buy
There are several things you need to take into account prior to starting your home search. You'll want to assemble a checklist of items you need, plan for what neighborhoods and school districts you'd like to live in, and start working on your budget. Keeping your mortgage payment less than or close to 30 percent of your net monthly income is a good guideline to go by.

Step 2 – Get in touch with a real estate agent
That's where we come in. We'll arrange a time to meet so we can talk about your real estate needs and get an idea of your upcoming plans. We'll talk about neighborhoods, schools in the Canton area, the mortgage industry, and any other economic factors that may potentially affect your buying decision today or in the future.

We'll also help you start the loan process. Pitts Realty works with some of the finest mortgage professionals in Canton, so you can rest assured that you're in great hands. They'll help you figure out which kind of loan is best for you, as well as help you get qualified.

Step 3 – Begin house-hunting
After our first meeting, we'll begin looking for houses on the market that are good for you. We'll research many of the houses and ignore the bad ones, and then we'll schedule appointments to tour the houses at a time that's convenient for you.

As we view the houses, we'll show you the positive features and negative ones. we'll even ask you about things you like and don't like. For the most part, buyers amend their wish list as we tour homes and some things become more essential than others. If that's the case, we'll look through all the listings once more and trim it down to the home of your dreams.

Step 4 – Know the market
Our awareness of the Canton home market is a valuable asset in your search. We're familiar with all the school districts and neighborhoods, and we will let you know some areas are "hot" and call for immediate action and the ones that are "cool" and allow for more consideration.

When we view houses, we'll make sure to communicate if the seller's list price has room for bargaining or if I believe the home is "priced to sell." When working with an agent, trust your instincts and be sure to ask lots of questions, as every real estate agent will convince you they comprehend the housing market. If things don't add up, contact us at 903-567-4819 or e-mail us at cindy@pittsrealty.com, and we'd be more than happy to answer any questions you have. Our market knowledge will keep you a step ahead through the entire process.

Step 5 – Find the home you've been looking for
We know we'll find the home of your dreams in Canton, and when we do, we'll carefully create your purchase offer. The offer will be tailored keeping your needs in mind. Whenever necessary, We never forget to make contracts contingent upon items like your ability to secure financing and the results of the home inspection.

When turning in your offer, you'll need to submit "earnest money." This is a cash deposit given to the home seller to secure an offer to purchase the property. The amount is most often put towards the closing costs. If the seller accepts the offer, we should close within 30 to 60 days after. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Most contracts don't close on the beginning offer, and it's really common to receive a counter offer. But don't let it discourage you. We'll consider whether or not to take the counter offer, propose our own counter offer, or refuse the seller's offer and move on.

Market circumstances will play a role in how aggressively we negotiate the deal. In addition, we'll work within your budget. And when it's all said and done, we'll formulate a contract that's best for you.

Step 7 – Secure your loan
Once we sign the final deal, you'll start working with your mortgage lender to close the loan. If you're already pre-approved, this won't take much time at all, but you should to keep in close contact with your mortgage lender. And we'll sort out all the property information your lender needs to close the loan.>

Step 8 – Close the deal
Your lender will send you a Loan Estimate (LE) of closing costs within three days of accepting your loan application. This estimate is based on the loan amount, and RESPA requirements mandate that it has to involve all closing costs and be within a strict range of accuracy. we'll analyze the estimate and let you know if it all looks permissible.

Then we'll close on your home. This should take place at a title company or escrow office and will most often be a smooth and comfortable affair.

Step 9 – Move in
Success! Now you can move into your new home. Enjoy it. And if you have any questions, make sure you call us at 903-567-4819 or send us an e-mail.