Buying or selling a home in Havre?

Purchasing a home is intimidating for a lot of people, but it's not that complex with some planning ahead of time. So they'll understand exactly what they can expect, I like to provide buyers with a road map of the whole deal. These are my nine steps to purchasing a home. Should you have any questions regarding this information or if you're prepared to get started, you can contact me here or e-mail me at .

Step 1 – Prepare to buy
Before you commence your home search, there are plenty of things you need to contemplate. You'll most likely want to put together a check list of must-haves, get a feel for what school districts and neighborhoods you'd like to live in, and begin planning around your budget. Keeping your mortgage payment less than a third of your monthly income is a good rule to go by.

Step 2 – Get in touch with a real estate agent
This is where Northern Land & Realty Co. comes in. I'd love to arrange a time to meet with you and speak with you 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 may potentially affect your purchase today or in the future, as well as neighborhoods and school districts in the Havre area.

I'll also assist you in getting started on your loan. There are some great mortgage professionals in Havre, and I partner with a lot of them, so you can rest assured that you're in great hands. They can assist you in determining which type of loan is best for you and help you get qualified.

Step 3 – Begin house-hunting
After our initial meeting, I'll start searching for available houses on the market that are great for you. I'll preview most of the homes and remove the duds, and then we'll set up appointments to view the homes whenever it's convenient for you.

As we tour houses, I'll point out good features and negative ones. And I'll ask you to tell us about things you like and dislike. It's widely common for buyers to revise their must-have list as we view homes and some things become more crucial than others. If that's the situation, I'll go back through all the listings another time and trim it down to the home you've been dreaming about.

Step 4 – Get a grasp of the housing market
My understanding of the Havre housing market is an essential factor in your home search. I'm acquainted with all the school districts and neighborhoods, and I will communicate what districts are "hot" and require immediate action and some that are "cold" and allow for thoughtful examination.

As we tour houses, I'll be sure to tell you if the asking price has room for bargaining or if I believe the house is "priced to sell." Be on guard and make sure you ask lots of questions, as every REALTOR in Havre will claim to comprehend the housing market. If it appears they don't know everything, contact me at (406) 265-2253 or e-mail me at , and I'd be glad to answer any questions you have. My market expertise will keep you a step above the rest through the entire deal.

Step 5 – Find the home of your dreams
I'm confident we'll find your dream house in Havre. When we do, I'll thoroughly create your purchase offer. The offer will be tailored exactly to your needs and the home, including a lot of contingencies. A few examples are acquiring financing, finishing the home inspection, and a clean title.

When we send in your purchase offer, you'll need to present "earnest money." This is a cash deposit given to the seller to secure the offer to purchase the property. The amount is usually applied to the closing costs. If your offer is accepted, we should close on the home about 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
Unfortunately most contracts don't close on the initial offer – it's very common to receive a counter offer. Don't let it intimidate you. We'll figure out whether or not to take the counter offer, submit our own counter offer, or refuse the seller's offer and go on.

The state of the market determines how aggressively we negotiate the contract. We'll also work within your financing limits. And when it's all said and done, we'll compose a contract that's best for you.

Step 7 – Get your loan
Upon signing the contract, you'll begin working with your lender to close the loan. If you're already pre-qualified, it won't take much time at all, but you'll want to keep in close contact with your mortgage lender. And I'll handle all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining closing costs from your mortgage lender within three days of receiving your loan application. This estimate is formed from the loan amount. RESPA requirements dictate that it has to contain all closing costs and fall within a strict range of accuracy, and I'll review the estimate and let you know if everything looks okay.

Then it's time to close on your home. This will most likely occur at a title company or escrow office and should be a smooth and calm event.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, make sure you call me at (406) 265-2253 or e-mail me at .