Contemplating buying your home in Jupiter?

Purchasing a home can be stressful for a lot of people, but it's not that hard with a bit of up-front planning. We like to provide buyers with an overview of the whole deal so they'll understand exactly what they can expect. Below are our nine steps to buying a home.

When you're ready to get started, you can contact us here or send us e-mail. We're happy to address questions you have about this information.

Step 1 – Get ready to purchase a home
There are a lot of things you'll want to do prior to starting your home search. You'll probably want to make an index of must-haves, get an idea of what school districts you want to live in, and start planning your budget. Ensuring your mortgage payment is less than 1/3 of your net monthly income is a good rule of thumb to follow.

Step 2 – Get in touch with a real estate agent in Jupiter
This is where Jonathan's Resales & Rentals, Inc. comes in. We'd be more than happy to plan a time to meet with you and communicate with you about why you want to buy a home and get an idea of your plans for the future. We'll talk about everything from neighborhoods, school districts in the Jupiter area, the mortgage and housing industries, to any other economic factors that may potentially affect your purchase today or in the future.

We'll also help you facilitate the loan process. Jonathan's Resales & Rentals, Inc. works with some of the finest mortgage professionals in Jupiter, so you're in great hands. They can help you figure out which kind of loan is best for you, as well as help you get qualified.

Step 3 – Start house-hunting
After our initial meeting, we'll start finding houses on the market that best suit you. We'll preview many of the houses and throw out the bad ones, and then we'll set up appointments to view the houses whenever it's most convenient for you.

As we tour homes, we'll show you the positive features, as well as bad ones. And we'll ask you to tell us about things you like and dislike. Most often, buyers change their list of must-haves as we tour homes and some items become more crucial than others. If that's the situation, we'll look through all the listings once again and trim it down to the home you've been wishing for.

Step 4 – Get a grasp of the market
Our understanding of the Jupiter housing market is a necessary advantage in your house search. We are mindful of all the school districts and neighborhoods, and we can alert you to what districts are "hot" and demand prompt action and the others that are "cool" and allow for thoughtful consideration.

When we view houses, we'll let you know if the list price has room for bargaining or if I believe the home is "priced to sell." Any REALTOR® will tell you they truly understand the home market, but be on guard, and be sure to ask plenty of questions. If it seems like they don't know everything, just call us at (561) 747-2977 or e-mail us at training@pipelineroi.com, and we'd be happy to answer any questions you might have. Our market knowledge will help you stay a step above the rest through the entire process.

Step 5 – Find the home of your dreams
We're sure we'll find the home of your dreams in the Jupiter area. When we do, we'll thoroughly create your real estate purchase offer. The offer will be tailored to suit your needs, including several contingencies. A few examples are obtaining financing, completing the home inspection, and a clear title.

Let Jonathan's Resales & Rentals, Inc. guide you through finding your dream home in Jupiter When we submit your offer, you'll probably need to submit "earnest money." This is a cash deposit made to a seller to secure the offer to buy the property, and it's usually put towards the closing costs. If the offer is accepted by the seller, we should close on the property about 30 to 60 days after. This allows ample time for your mortgage financing.

Step 6 – Negotiate
Most contracts aren't closed on the beginning offer. It's widely common to receive a counter offer. But don't let this alarm 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.

How aggressively we negotiate the deal depends on market conditions. We'll also work within your financing budget. And at the end of the day, we'll formulate a contract that's best for you.

Step 7 – Get your loan
Once the contract is finalized, you'll begin working with your lender to close the loan. If you're already pre-qualified, this won't take much time at all, but you'll want to keep in close contact with your lender. And we'll look after all the property information your lender will need to close the loan.>

Step 8 – Close the deal
You'll get a Good Faith Estimate (GFE) of closing costs from your mortgage lender within three days of receiving your application. This estimate depends on the loan amount. RESPA requirements mandate that it has to contain all closing costs and fall within a close range of accuracy, and we'll review the estimate and let you know if everything looks okay.

Then we'll close on your house. This will most likely happen at a title company or escrow office and is often a smooth and easygoing occurrence.

Step 9 – Move in
You made it! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, make sure you call us at (561) 747-2977 or send us an e-mail.

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