Buying or selling a home? Silver International Realty, Inc. can help.

For many people, buying a home can be an intimidating event. However, with some up-front planning, it isn't that confusing. So they'll understand exactly what to expect, I will furnish buyers with an outline of the entire deal. Here are my nine steps to purchasing a home. Should you have any questions about this information or if you're ready to get started, you can contact me here or e-mail me at .

Step 1 – Prepare to purchase
Before you begin looking for a home, there are plenty of things you should take into account. When you start your search, you'll want to assemble a checklist of items you want, get a plan of what neighborhoods you'd like to live in, and start working on your budget. A good principle to adhere to is that your mortgage payment should be less than or around 30 percent of your monthly income.

Step 2 – Talk to a real estate agent
This is where Silver International Realty, Inc. can help. I'd be happy to plan a time to meet with you and speak with you regarding why you want to buy a home and get an idea of your plans for the future. We'll discuss everything from neighborhoods, school districts in the Delray Beach area, the mortgage and housing industries, to any other economic factors that could affect your buying decision today or in the future.

In addition, I'll assist you in getting started on your loan. I partner with some of the best mortgage professionals in Delray Beach, so you're in great hands. They can help you decide which kind of loan is best for you, as well as help you get approved.

Step 3 – Start your search
After we meet, I'll start looking for homes on the market that best suit you. I'll research most of the homes and throw out the bad ones, and then we'll schedule appointments to tour the homes when it's convenient for you.

As we view the homes, I'll identify positive features and negative ones. And I'll ask you to talk about things you like and dislike. It's common for buyers to revise their list of must-haves as we view homes and some things become far more necessary than others. If such is the case, I'll look through the listings again and trim it down to the home you've been wishing for.

Step 4 – Comprehend the housing market
Your agent's awareness of the Delray Beach housing market is a crucial component in your house search. And I assure you I'm mindful of all the neighborhoods and schools, and I will communicate some neighborhoods are "hot" and demand immediate action and the ones that are "cool" and allow for more consideration.

As we view homes, I'll make sure to communicate if the seller's list price has room for bargaining or if I believe the house is "priced to sell." Be mindful and be sure to ask your agent plenty of questions, as any real estate agent in Delray Beach will convince you they comprehend the market. If things don't add up, just call me at 561-929-5799 or e-mail me at , and I'll be glad to answer your questions. My understanding of the market will help you stay a step above the rest throughout the entire deal.

Step 5 – Find the house you've been looking for
We'll find your dream home in Delray Beach, and when we do, I'll thoroughly develop your purchase offer. The offer will be tailored with your needs in mind and the home, including some contingencies. A few examples are acquiring financing, completing the inspection, and a clean title.

When submitting your offer, you'll need to present "earnest money." This is a cash deposit made to the seller to secure an offer to purchase the property, and it's often put towards the closing costs. If your offer is accepted, we should close on the property about 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate
Unfortunately most deals don't close on the first offer, and it's very common to receive a counter offer. Don't let it alarm you. We'll figure out whether or not to consent to the counter offer, propose our own counter offer, or reject the seller's offer and move on.

How aggressively we negotiate the deal depends on market circumstances. In addition, we'll work within your financing constraints. And when it's all said and done, we'll compose a deal that's best for you.

Step 7 – Secure a loan
After we sign the final sales contract, you'll start working with your lender to close the loan. If you're already pre-approved, it shouldn't take long at all. But you'll need to stay in close contact with your mortgage lender. And I'll deal with all the property information your lender needs to close the loan.

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

Then we'll close on your house. This should occur at a title company or escrow office and should be a smooth and stress-free affair.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you need anything, just call me at 561-929-5799 or e-mail me at .