Buying or selling a home in Covina? In Home Realty can help.

Purchasing a home is an intimidating event for most people. However, with a bit of up-front planning, it's not that confusing. So they'll understand exactly what they can expect, I will furnish buyers with a road map of the entire deal. Below are my nine steps to purchasing a home. Should you have questions about any of this information or if you're ready to get started, simply contact me here or e-mail me at .

Step 1 – Get ready to buy a home
Prior to starting your home search, there are several things you should take into account. You'll probably want to put together an index of features you need, get a feel for what neighborhoods you want to live in, and begin planning your budget. Ensuring your mortgage payment is no more than 1/3 of your monthly income is a good rule of thumb to adhere to.

Step 2 – Get in touch with a real estate agent in Covina
That's where I can help. We'll set up a time to meet so we can talk about why you want to buy a home and get an idea of your future plans. We'll talk about the mortgage industry, other economic factors that could potentially affect your buying decision today or in the future, as well as neighborhoods and schools in the Covina area.

In addition, I'll assist you with getting started on your loan. I work with some of the finest mortgage professionals in Covina, so you'll be in great hands. They will assist you in choosing which kind of loan is best for you and help you get qualified.

Step 3 – Begin your search
After our first meeting, I'll begin finding available homes on the market that meet your needs. I'll preview most of the homes and exclude the bad ones, and then we'll schedule appointments to view the houses whenever it's most convenient for you.

When we tour houses, I'll point out positive features, as well as 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 homes and some things become far more essential than others. If that happens, I'll search the listings once more and narrow it down to the home you've been waiting for.

Step 4 – Get a grasp of the housing market
Your agent's knowledge of the Covina home market is a necessary component in your house search. And I assure you I'm mindful of all the neighborhoods and school districts, and I will alert you to which districts are "hot" and call for prompt action and the ones that are "cool" and allow for more examination.

As we tour homes, I'll make sure to communicate when the list price has room for bargaining and also when I believe the house is "priced to sell." Be careful and be sure to ask a lot of questions, as any REALTOR in Covina will claim to understand the market. If it seems like they don't know everything, call me at 6266087310 or e-mail me at , and I'd be glad to answer any questions you may have. My market expertise will help you stay a step ahead throughout the entire deal.

Step 5 – Find the house of your dreams
I'm certain we'll find your dream house in the Covina area. When we do, I'll thoroughly create your purchase offer. The offer will be made to suit your needs and the home. We'll include many contingencies, such as getting financing, carrying out the home inspection, and a clean title.

Upon submitting your offer, you'll want to present "earnest money." This is a cash deposit submitted to the seller to secure the offer to buy the property. The amount is typically put towards the cost of closing. If the seller accepts your offer, we should close about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals aren't closed on the initial offer. It's really common to receive a counter offer. But don't let it discourage you. We'll discuss whether or not to take the counter offer, submit our own counter offer, or reject the seller's offer and go on.

Market conditions will play a vital role in how aggressively we negotiate the contract. In addition, we'll work within your financing budget. And at the end of the day, we'll formulate a contract that's best for you.

Step 7 – Obtain financing
After the contract is complete, you'll begin working with your mortgage lender to close the loan. This won't take long at all if you're pre-qualified, but you should to stay in close contact with your lender. And I'll manage all the property information your lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) of closing costs from your lender within three days of receiving your loan application. The estimate rests on the loan amount, and RESPA requirements dictate that it has to involve all closing costs and be within a close range of accuracy. I'll go over the estimate and let you know if it all looks good.

Then we'll close on your home. This will probably take place at a title company or escrow office and is often a smooth and pleasant occasion.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, make sure you call me at 6266087310 or e-mail me at .