Are you contemplating buying a new home in Plantsville? Perrella Realty, LLC. can help.

Buying a home is stressful for most people. However, with some up-front planning, it isn't that complicated. So they'll understand exactly what they can expect, I will provide buyers with a road map of the whole deal. Here are my nine steps to buying a home. Should you have questions regarding any of 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 a home
Before you begin looking for a home, there are many things you'll want to contemplate. You'll most likely want to make a checklist of items you want to have, get a feeling for what neighborhoods you'd like to live in, and start working on your budget. Ensuring your mortgage payment is less than or around 1/3 of your net monthly income is a good principle to adhere to.

Step 2 – Communicate with a real estate agent
This is where Perrella Realty, LLC. comes in. We'll plan a time to get together so we can talk about your real estate needs and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the Plantsville area, the mortgage industry, and any additional economic factors that could potentially affect your buying decision today or in the future.

I can also help you begin the loan process. Perrella Realty, LLC. works with some of the best mortgage professionals in Plantsville, so you can rest assured that you're in great hands. They will assist you in deciding which kind of loan is best for you and help you get approved.

Step 3 – Begin looking for a home
After our first meeting, I'll start searching for houses on the market that best suit you. I'll preview most of the homes and eliminate the duds, and then we'll book appointments to view the houses whenever it's most convenient for you.

As we view the houses, I'll call attention to positive features, as well as bad ones. I'll even ask you to tell us about things you like and don't like. Most often, buyers change their wish list as we view homes and some things become more substantial than others. If such is the case, I'll go back through all the listings another time and narrow it down to the house you've been dreaming about.

Step 4 – Understand the housing market
My knowledge of the Plantsville home market is an imperative agent in your home search. I'm conscious of all the school districts and neighborhoods, and I'll alert you to which districts are "hot" and call for immediate action and some that are "cool" and allow for careful consideration.

When we tour homes, I'll let you know when the seller's list price has room for negotiation and also when I think the home is "priced to sell." When working with an agent, trust your instincts and be sure to ask a lot of questions. Any REALTOR will convince you they truly understand the housing market. If things don't add up, contact me at 860-621-7130 or e-mail me at , and I'd be happy to answer any questions you may have. My understanding of the market will help you stay a step above the rest through the entire deal.

Step 5 – Find the house you've been waiting for
I'm sure we'll find your dream house in the Plantsville area. When that happens, I'll precisely develop your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including several contingencies, such as getting financing, carrying out the home inspection, and a clean title.

Upon sending in your offer, you'll need to submit "earnest money." This is a cash deposit submitted to the seller to secure an offer to buy the property, and it's usually put towards the cost of closing. If the offer is accepted by the seller, we should close on the property within 30 to 60 days afterward. This allows necessary time for your mortgage financing.

Step 6 – Negotiate
A lot of deals aren't closed on the beginning offer – it's widely common to receive a counter offer. Don't let it intimidate you. We'll consider whether or not to consent to the counter offer, propose our own counter offer, or refuse the seller's offer and go on.

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

Step 7 – Secure financing
Once we sign the final contract, you'll begin working with your lender to close the loan. If you're pre-approved, this shouldn't take very long at all, but you need to keep in close contact with your mortgage lender. And I'll sort out all the property information your lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) outlining closing costs from your lender within three days of taking your application. This estimate is formed from the loan amount, and RESPA requirements order that it has to contain all closing costs and be within a precise range of accuracy. I'll go over the estimate and let you know if everything looks adequate.

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

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you need anything or have any questions, simply call me at 860-621-7130 or e-mail me at .