Are you purchasing your new home in Vero Beach? The Sand and Land Team can help.

With some planning ahead of time, purchasing a home isn't very complex, but it still is stressful for a lot of people. We like to provide buyers with an overview of the whole deal so they know exactly what they can expect. These are our nine steps to buying a home.

Should you have questions regarding any of this information or if you're prepared to get started, just contact us here or send e-mail to maria@sandandland.com.

Step 1 – Get ready to purchase
There are many things you need to do before starting your home search. You'll probably want to make an outline of features you need, get an idea of what school districts and neighborhoods you want to live in, and start planning your budget. Ensuring your mortgage payment is less than or close to a third of your net monthly income is a good rule of thumb to go by.

Step 2 – Get in touch with a real estate agent
This is where we come in. We'd be more than happy to set up a time to meet with you and speak with you regarding why you want to buy a home and get an idea of your upcoming plans. We'll talk about the mortgage industry, other economic factors that could potentially affect your buying decision today or in the future, as well as neighborhoods and school districts in the Vero Beach area.

We'll also help you facilitate the loan process.  The Sand and Land Team partners with some of the best mortgage professionals in Vero Beach, so you're in great hands. They will help you decide which kind of loan is best for you, as well as help you get approved.

Step 3 – Start your home search
After our initial meeting, we'll start finding houses on the market that suit your needs. We'll preview many of the houses and exclude the bad ones, and then we'll schedule appointments to tour the houses when it's most convenient for you.
 

As we view houses, we'll call attention to good features and bad ones. And we'll ask you what things you like and don't like. Frequently, buyers amend their wish list as we view houses and some things become far more crucial than others. If that's the case, we'll look through the listings again and trim it down to the home you've been dreaming about.

 

Step 4 – Get a grasp of the housing market
Our knowledge of the Vero Beach market is a crucial asset in your house search. We're conscious of all the schools and neighborhoods, and we will communicate which neighborhoods are "hot" and warrant prompt action and the ones that are "cold" and allow for more analysis.

As we view homes, we'll let you know if the asking price has room for negotiation or if I believe the home is "priced to sell." Be on guard and make sure you ask lots of questions, as any REALTOR® will convince you they truly understand the home market. If it doesn't seem like they know everything, call us at 772-713-7139 or e-mail us at maria@sandandland.com, and we'd be glad to answer your questions. Our understanding of the market 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 Vero Beach area, and when that happens, we'll thoroughly develop your home purchase offer. The offer will be written to suit your needs. Whenever necessary, We never forget to make contracts contingent upon items like obtaining financing and the results of the home inspection.

 When turning in your offer, you'll need to submit "earnest money." This is a cash deposit made to the home seller to secure an offer to buy the property and is often put towards the cost of closing. If the seller accepts your offer, we should close about 30 to 60 days after. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Most contracts aren't closed on the initial offer. It's really common to receive a counter offer. But don't let this intimidate you. We'll figure out whether or not to agree to the counter offer, submit our own counter offer, or refuse the seller's offer and move on.

How aggressively we negotiate the contract depends on market circumstances. We'll also work within your financing limits. And at the end of the day, we'll formulate a contract that works well for you.

Step 7 – Get your loan
Once we sign the final contract, you'll begin working with your mortgage lender to close the loan. If you're already pre-approved, it shouldn't take much time at all. But you need to stay 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
Your lender will give you a Loan Estimate (LE) of your closing costs within three days of getting your loan application. This estimate depends on the loan amount, and RESPA requirements mandate that it has to include all closing costs and be within a precise range of accuracy. we'll study the estimate and let you know if it all looks permissible.

Then it's time to close on your house. This will probably occur at a title company or escrow office and will likely be a smooth and comfortable event.

Step 9 – Move in
Success! Now you can move into your new house. Enjoy it. And if you need anything, be sure to contact us at 772-713-7139 or send us an e-mail.

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Sand and Land Team

3377 Ocean Drive
Vero Beach, FL 32963