Are you buying your home in Scottsdale?

	When you're ready to get started, just contact me here or send e-mail to korene@klcsloanteam.com. I'm happy to answer questions you have regarding this information.

Step 1 – Get ready to buy
There are several things you'll want to do prior to beginning your home search. When you begin your search, you'll probably want to form a check list of items you need, plan for what school districts you'd like to live in, and start planning around your budget. A good guideline to go by is that your mortgage payment should be around 30 percent of your net monthly income.

Step 2 – Contact a real estate agent
This is where W J Bradley Mortgage Capital LLC can help. I'd be more than happy to plan a time to get together with you and speak with you about your real estate needs and get an idea of your future plans. We'll talk about the mortgage and housing industries, other economic factors that might affect your buying decision today or in the future, as well as neighborhoods and schools in the Scottsdale area.

In addition, I'll assist you with getting started on your loan. W J Bradley Mortgage Capital LLC works with some of the best mortgage professionals in Scottsdale, so you're in great hands. They'll assist you in determining which type of loan is best for you and help you get qualified.

Step 3 – Begin looking
Following our initial meeting, I'll start finding houses on the market that are great for you. I'll research many of the houses and ignore the bad ones, and then we'll book appointments to view the houses whenever it's convenient for you.

When we tour the houses, I'll call attention to good features and negative ones. And I'll ask you to tell us about things you like and don't like. It's widely common for buyers to revise their must-have list as we tour houses and some items become more essential than others. If that's the case, I'll go back through all the listings once more and trim it down to the house you've been waiting for.

Step 4 – Get a feel for the market
An agent's knowledge of the Scottsdale market is a fundamental component in your home search. And I can assure you I'm mindful of all the neighborhoods and school districts, and I can communicate what neighborhoods are "hot" and demand prompt action and some that are "cold" and allow for more analysis.

As we tour houses, I'll be sure to tell you when the list price has room for negotiation and also when I know the home is "priced to sell." When working with an agent, trust your instincts and be sure to ask lots of questions, as any real estate agent in Scottsdale will convince you they understand the home market. If it appears they don't know everything, call me at (480)362-2324 or e-mail me at korene@klcsloanteam.com, and I'd be happy to answer your questions. My market knowledge will help you stay a step ahead throughout the entire process.

Step 5 – Find the house of your dreams
We'll find the home of your dreams in the Scottsdale area, and when that happens, I'll carefully create your real estate purchase offer. The offer will be tailored exactly to your needs. Whenever necessary, I never forget to make contracts contingent upon items like obtaining financing and the results of the home inspection.

When presenting your offer, you'll probably need to submit "earnest money." This is a cash deposit given to a home seller to secure an offer to buy the property, and it's most often put towards the cost of closing. If the seller accepts your offer, we should close on the home within 30 to 60 days after. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals don't close on the first offer, and it's very common to receive a counter offer. Don't let it intimidate you. We'll discuss whether or not to accept the counter offer, propose our own counter offer, or decline the seller's offer and go on.

Market circumstances will play a big 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 formulate a contract that works well for you.

Step 7 – Obtain your loan
After we sign the final contract, you'll start working with your lender to close the loan. If you're already pre-approved, it shouldn't take long at all, but you should to stay in close contact with your mortgage lender. And I'll sort out all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will provide you with a Good Faith Estimate (GFE) of closing costs within three days of receiving your application. You'll get a Good Faith Estimate (GFE) of closing costs from your mortgage lender within three days of receiving your 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 narrow range of accuracy. I'll analyze the estimate and let you know if it all looks all right.

Then it's time to close on your home. This will likely occur at a title company or escrow office and is often a smooth and stress-free event.

Step 9 – Move in
You made it! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, make sure you call me at (480)362-2324 or send me an e-mail.