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Buying or selling a home in Mountain Ranch? Mountain Ranch Realty, Inc. can help.

For many people, purchasing a home is a stressful event. However, with a little up-front planning, it isn't too complicated. So they know exactly what to expect, I will furnish buyers with a road map of the entire deal. These are my nine steps to buying a home. When you're ready to get started, you can contact me here or e-mail me at . I'm glad to address questions you have regarding this information.

Step 1 – Prepare to buy
There are a lot of things you need to consider before commencing your home search. You'll most likely want to put together a checklist of features you want to have, plan for what school districts and neighborhoods you'd like to live in, and begin working on your budget. A good principle to adhere to is that your mortgage payment should be no more than 30 percent of your monthly income.

Step 2 – Connect with a real estate agent in Mountain Ranch
This is where Mountain Ranch Realty, Inc. can help. We can book a time to meet so we can talk about your real estate needs and get an idea of your plans for the future. We'll talk about neighborhoods, school districts in the Mountain Ranch area, the mortgage and housing industries, and any other economic factors that might affect your buying decision today or in the future.

I'll also assist you with getting started on your loan. There are some excellent mortgage professionals in Mountain Ranch, and I work with a lot of them, so you're in great hands. They can help you decide which type of loan is best for you, as well as help you get approved.

Step 3 – Start house-hunting
After our initial meeting, I'll begin looking for available houses on the market that are a good fit for you. I'll research many of the homes and throw out the duds, and then we'll set up appointments to view the houses whenever it's convenient for you.

As we view the houses, I'll show you the positive features and bad ones. And I'll ask you to point out what things you like and dislike. Usually, buyers revise their must-have list as we tour houses and some items become more crucial than others. If such is the case, I'll look through all the listings another time and trim it down to the home you've been wishing for.

Step 4 – Get a grasp of the market
An agent's knowledge of the Mountain Ranch home market is a fundamental agent in your house search. And I can assure you I'm familiar with all the school districts and neighborhoods, and I'll let you know which districts are "hot" and demand immediate action and some that are "cold" and allow for more examination.

When we tour houses, I'll let you know when the list price has room for negotiation and when I believe the home is "priced to sell." When working with an agent, be on guard and make sure you ask plenty of questions, as any real estate agent in Mountain Ranch will tell you they know the housing market. If things don't add up, call me at (209) 754-3030 or e-mail me at , and I'll be happy to answer your questions. My knowledge of the market will keep you a step ahead throughout the entire deal.

Step 5 – Find the house you've been looking for
I know we'll find your dream home in Mountain Ranch. When we do, I'll carefully develop your purchase offer. The offer will be tailored with your needs in mind and the home, including some contingencies. A few examples are obtaining financing, carrying out the inspection, and a clear title.

When we send in your offer, you'll want to submit "earnest money." This is a cash deposit made to a home seller to secure the offer to purchase the property and is usually applied to the cost of closing. If your offer is accepted by the seller, we should close within 30 to 60 days afterward. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most deals don't close on the first offer – it's widely common to receive a counter offer. But don't let this alarm you. We'll figure out whether or not to take the counter offer, propose our own counter offer, or reject the seller's offer and go on.

Market conditions will play a big part in how aggressively we negotiate the contract. We'll also work within your budget. And at the end of the day, we'll create a deal that's best for you.

Step 7 – Get your loan
After we sign the final deal, you'll begin working with your lender to close the loan. This shouldn't take much time at all if you've been pre-approved, but you'll need to keep in close contact with your mortgage lender. And I'll look after all the property information your lender will need to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of accepting your application. This estimate is based on the loan amount. RESPA requirements order that it has to involve all closing costs and be within a strict range of accuracy, and I'll study the estimate and let you know if everything looks all right.

Then it's time to close on your house. This will likely happen at a title company or escrow office and is often a smooth and comfortable occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything or have any questions, simply call me at (209) 754-3030 or e-mail me at .