9 Steps to Owning

Let Sasseen Realty Group at Remax Professionals assist you in purchasing your home in Lawton

For a lot of people, purchasing a home is a stressful event. But with a little planning ahead of time, it isn’t all that complex. So they’ll know exactly what to expect, I will supply buyers with an overview of the whole deal. Here are my nine steps to purchasing a home. When you’re ready to get started, just contact me here or e-mail me at . I’m glad to answer questions you have regarding this information.

Step 1 – Prepare to purchase a home
There are plenty of things you should do before you search for a home. When you begin your search, you’ll want to put together an index of items you need to have, plan for what school districts and neighborhoods you want to live in, and begin working on your budget. Keeping your mortgage payment around a third of your net monthly income is a good rule of thumb to go by.Step 2 – Contact a real estate agent in Lawton
This is where I come in. We can book a time to get together so we can talk about your real estate needs and get an idea of your plans for the future. We’ll talk about the mortgage industry, other economic factors that may potentially affect your buying decision today or in the future, as well as neighborhoods and school districts in the Lawton area.
I can also assist you with getting started on your loan. There are some very good mortgage professionals in Lawton, and I partner with a lot of them, so you can rest assured that you’re in great hands. They’ll assist you in deciding which type of loan is best for you and help you get qualified.

Step 3 – Start your search
After our initial meeting, I’ll start looking for available homes on the market that suit your needs. I’ll preview many of the houses and reject the duds, and then we’ll book appointments to tour the homes whenever it’s most convenient for you.

As we tour homes, I’ll identify good features and bad ones. I’ll also ask you to tell us about things you like and don’t like. Generally, buyers update their must-have list as we view houses and some things become far more essential than others. If that happens, I’ll search the listings again and narrow it down to the home you’ve been waiting for.

Step 4 – Comprehend the market
Your agent’s knowledge of the Lawton home market is an essential element in your house search. And I can assure you I’m familiar with all the neighborhoods and schools, and I can alert you to what districts are “hot” and require prompt action and the ones that are “cool” and allow for cautiousness.

As we tour homes, I’ll be sure to tell you if the seller’s list price has room for negotiation or if I believe the home is “priced to sell.” When working with an agent, be mindful and make sure you ask lots of questions. Every real estate agent will tell you they comprehend the housing market. If things don’t add up, call me at 580.248.8817 or e-mail me at , and I’d be more than happy to answer any questions you may have. My market expertise will help you stay a step above the rest throughout the entire process.

Step 5 – Find the home of your dreams
I’m positive we’ll find your dream house in Lawton. When that happens, I’ll carefully create your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including several contingencies. A few examples are obtaining financing, completing the inspection, and a clear title.

When we present your offer, you’ll need to present “earnest money.” This is a cash deposit submitted to a seller to secure an offer to purchase the property, and it’s often put towards the cost of closing. If the seller accepts your offer, we should close within 30 to 60 days after. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts don’t close on the beginning offer – it’s very common to receive a counter offer. Don’t let this discourage you. We’ll talk over whether or not to accept the counter offer, propose our own counter offer, or decline the seller’s offer and move on.

The state of the market will play a part in how aggressively we negotiate the deal. In addition, we’ll work within your financing limits. And at the end of the day, we’ll assemble a contract that works well for you.

Step 7 – Get financing
Upon completing the contract, you’ll begin working with your mortgage lender to close the loan. If you’re pre-qualified, this won’t take very long at all, but you’ll need to stay in close contact with your mortgage lender. And I’ll take care of all the property information your lender will need to close the loan.

Step 8 – Close the deal
Your mortgage lender will give you a Loan Estimate (LE) detailing closing costs within three days of getting your application. You’ll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of receiving your application. The estimate rests on the loan amount, and RESPA requirements require that it has to contain all closing costs and fall within a precise range of accuracy. I’ll examine the estimate and let you know if it all looks okay.

Then we’ll close on your home. This will likely take place at a title company or escrow office and will most often be a smooth and pleasant occurrence.

Step 9 – Move in
Congratulations! It’s time to move into your new home. Enjoy it. And if you have any questions, simply call me at 580.248.8817 or e-mail me at .