Contemplating buying your home in Carlsbad? Doors Real Estate Management, Inc. can help.
Buying a home can be stressful for most people, but with a little up-front planning, it isn't all that hard. We like to furnish buyers with an overview of the whole deal so they understand exactly what to expect. These are our nine steps to purchasing a home.
Should you have any questions about this information or if you're prepared to get started, simply contact us here or send e-mail to email@example.com
Step 1 – Prepare to buy
There are several things you should take into account prior to starting your home search. You'll want to form a checklist of features you want, get a feeling for what neighborhoods and school districts you'd like to live in, and begin planning your budget. Ensuring your mortgage payment is around a third of your monthly income is a good principle to adhere to.
Step 2 – Communicate with a real estate agent in Carlsbad
That's where we can help. We can set up a time to get together so we can talk about why you want to buy a home and get an idea of your upcoming plans. We'll talk about neighborhoods, schools in the Carlsbad area, the mortgage and housing industries, and any additional economic factors that could affect your buying decision today or in the future.
We'll also assist you in getting started on your loan. There are some great mortgage professionals in Carlsbad, and we partner with a lot of them, so you can rest assured that you're in great hands. They can assist you in deciding which type of loan is best for you and help you get qualified.
Step 3 – Start your home search
After we meet, we'll start finding houses on the market that are good for you. We'll preview most of the houses and eliminate the bad ones, and then we'll book appointments to tour the homes at a time that's convenient for you.
When we tour homes, we'll identify good features and negative ones. we'll even ask you about things you like and don't like. It's common for buyers to update their must-have list as we tour houses and some things become more necessary than others. If that's the case, we'll search the listings another time and narrow it down to the home of your dreams.
Step 4 – Understand the housing market
Your agent's awareness of the Carlsbad housing market is a necessary factor in your home search. And we can assure you we're very familiar with all the school districts and neighborhoods, and we will let you know some districts are "hot" and warrant prompt action and the others that are "cold" and allow for careful examination.
When we tour houses, we'll be sure to tell you when the seller's list price has room for negotiation and also when we believe the home is "priced to sell." Any real estate agent will tell you they truly know the housing market, but beware, and be sure to ask lots of questions. If things don't add up, call us at or e-mail us at firstname.lastname@example.org, and we'd be happy to answer any questions you might have. Our knowledge of the market will keep you a step above the rest through the entire deal.
Step 5 – Find the home you've been waiting for
We're certain we'll find the house of your dreams in Carlsbad. When that happens, we'll meticulously create your real estate purchase offer. The offer will be tailored with your needs in mind, including many contingencies. A few examples are acquiring financing, finishing the inspection, and a clean title.
When submitting your offer, you'll need to present "earnest money." This is a cash deposit submitted to a seller to secure the offer to purchase the property and is often put towards the closing costs. If the offer is accepted, we should close within 30 to 60 days after. This allows necessary time for your mortgage financing.
Step 6 – Negotiate
Unfortunately most deals don't close on the first offer, and it's really common to receive a counter offer. Don't let it intimidate you. We'll talk about whether or not to take the counter offer, present our own counter offer, or refuse the seller's offer and go on.
Market circumstances determine how aggressively we negotiate the deal. We'll also work within your financing budget. And at the end of the day, we'll compose a contract that is best for you.
Step 7 – Get financing
Upon completing the deal, you'll start working with your lender to close the loan. If you're already pre-qualified, it won't take very long at all. However, you'll want to keep in close contact with your lender. And we'll handle 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) outlining your closing costs from your lender within three days of receiving your loan application. This estimate rests on the loan amount. RESPA requirements mandate that it has to contain all closing costs and be within a narrow range of accuracy, and we'll examine the estimate and let you know if it all looks adequate.
Then it's time to close on your home. This will likely occur at a title company or escrow office and will probably be a smooth and calm event.
Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, just contact us at or send us an e-mail.