Buying or selling a home in Havre? Northern Land & Realty Co. can help.

Buying a home is intimidating for many people. However, with some planning ahead of time, it isn't too complex. I like to provide buyers with an overview of the whole deal so they understand exactly what they can expect. These are my nine steps to purchasing a home. Should you have questions regarding this information or if you're ready to get started, you can contact me here or e-mail me at .

Step 1 – Get ready to purchase
There are several things you should take into account before you search for a home. When you start your search, you'll probably want to create an outline of features you need, get a plan of what neighborhoods you want to live in, and start planning your budget. Keeping your mortgage payment around 30 percent of your monthly income is a good principle to adhere to.

Step 2 – Talk to a real estate agent in Havre
This is where I can help. I'd love to book a time to meet 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 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.

In addition, I'll assist you in getting started on your loan. Northern Land & Realty Co. partners with some of the best mortgage professionals in Havre, so you can rest assured that you're in great hands. They can assist you in deciding which kind of loan is best for you and help you get approved.

Step 3 – Start house hunting
After our first meeting, I'll start searching for available houses on the market that are great for you. I'll preview many of the homes and exclude the duds, and then we'll book appointments to tour the homes whenever it's most convenient for you.

As we tour the houses, I'll show you the positive features and negative ones. I'll even ask you to point out what things you like and dislike. As a rule, buyers revise their wish list as we view homes and some features become far more necessary than others. If that happens, I'll look through the listings one more time and trim it down to the house you've been wishing for.

Step 4 – Get a grasp of the housing market
My understanding of the Havre market is a leading factor in your home search. I am conscious of all the schools and neighborhoods, and I will alert you to which neighborhoods are "hot" and warrant immediate action and others that are "cold" and allow for more examination.

As we view houses, I'll make sure to communicate when the list price has room for negotiation and also when I believe the home is "priced to sell." When working with an agent, be careful and make sure you ask a lot of questions. Every real estate agent will claim to comprehend the market. If things don't add up, call me at (406) 265-2253 or e-mail me at , and I'll 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 home you've been waiting for
I'm confident we'll find your dream home in Havre. When that happens, I'll carefully create your home purchase offer. The offer will be tailored with your needs in mind and the home, including some contingencies. A few examples are acquiring financing, carrying out the inspection, and a clean title.

When we send in your purchase offer, you'll probably want to present "earnest money." This is a cash deposit given to a seller to secure an offer to purchase the property and is often put towards the closing costs. If your offer is accepted, we should close within 30 to 60 days afterward. This allows ample time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts aren't closed on the beginning offer. It's widely common to receive a counter offer. Don't let this discourage you. We'll discuss whether or not to accept the counter offer, propose our own counter offer, or refuse the seller's offer and move on.

The state of the market will play a large role in how aggressively we negotiate the contract. In addition, we'll work within your financing budget. And when it's all said and done, we'll compose a contract that's best for you.

Step 7 – Obtain financing
Once we sign the final contract, you'll start working with your mortgage lender to close the loan. This won't take much time at all if you've been pre-qualified, but you should to keep in close contact with your lender. And I'll care for all the property information your mortgage lender needs 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 accepting your application. You'll get a Loan Estimate (LE) detailing your closing costs from your lender within three days of receiving your application. The estimate depends on the loan amount. RESPA requirements order that it has to include all closing costs and be within a strict range of accuracy, and I'll study the estimate and let you know if everything looks adequate.

Then we'll close on your house. This will likely occur at a title company or escrow office and will most often be a smooth and peaceful occasion.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, be sure to call me at (406) 265-2253 or e-mail me at .