Looking to buy your home in Plantsville? Perrella Realty, LLC. can help.

Purchasing a home is a stressful event for a lot of people, but with some planning ahead of time, it's not all that confusing. I like to supply buyers with an outline of the whole deal so they understand exactly what to expect. Below are my nine steps to purchasing a home. Should you have questions regarding this information or if you're prepared to get started, simply contact me here or e-mail me at .

Step 1 – Prepare to purchase
There are plenty of things you should consider prior to beginning your home search. When you start your search, you'll want to create a list of must-haves, get a feel for what school districts you want to live in, and begin planning around your budget. Keeping your mortgage payment less than or around 1/3 of your net monthly income is a good rule to go by.

Step 2 – Talk to a real estate agent
This is where Perrella Realty, LLC. comes in. We can set up a time to meet so we can talk about your real estate needs and get an idea of your plans for the future. We'll discuss everything from neighborhoods, school districts in the Plantsville area, the mortgage industry, to any other economic factors that may affect your purchase today or in the future.

I'll also help you begin the loan process. There are some very good mortgage professionals in Plantsville, and I partner with a lot of them, so you'll be in great hands. They can assist you with choosing which type of loan is best for you and help you get qualified.

Step 3 – Start your search
After we meet for the first time, I'll begin looking for houses on the market that are great for you. I'll get a sneak peek of most of the homes and throw out the duds, and then we'll set up appointments to view the homes when it's convenient for you.

When we tour the homes, I'll point out positive features and bad ones. And I'll ask you to tell us about things you like and dislike. Usually, buyers amend their list of must-haves as we tour homes and some features become more important than others. If that's the case, I'll go back through the listings another time and trim it down to the house you've been wishing for.

Step 4 – Get a grasp of the market
My knowledge of the Plantsville housing market is an essential agent in your house search. I am mindful of all the neighborhoods and school districts, and I can communicate some districts are "hot" and warrant immediate action and the ones that are "cool" and allow for thoughtful analysis.

As we view homes, I'll make sure to communicate if the seller's list price has room for negotiation or if I believe the home is "priced to sell." When working with an agent, be careful and make sure you ask lots of questions, as any REALTOR will tell you they understand the market. If things don't add up, contact me at 860-621-7130 or e-mail me at , and I'll be more than happy to answer your questions. My market knowledge will help you stay a step above the rest through the entire deal.

Step 5 – Find the home you've been waiting for
We'll find your dream home in Plantsville, and when that happens, I'll precisely create your real estate purchase offer. The offer will be tailored keeping your needs in mind and the home, including several contingencies. A few examples are acquiring financing, carrying out the inspection, and a clean title.

Upon presenting your offer, you'll want to present "earnest money." This is a cash deposit made to a seller to secure the offer to purchase the property, and it's often applied to the cost of closing. If your offer is accepted, we should close about 30 to 60 days after. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most deals aren't closed on the beginning offer – it's extremely common to receive a counter offer. Don't let this discourage you. We'll talk over whether or not to take the counter offer, present our own counter offer, or decline the seller's offer and move on.

Market conditions will play a role in how aggressively we negotiate the contract. In addition, we'll work within your financing limits. And when it's all said and done, we'll compose a deal that works well for you.

Step 7 – Secure your loan
After we sign the final deal, you'll start working with your lender to close the loan. If you're pre-qualified, it shouldn't take very long at all. But you'll want to keep in close contact with your lender. And I'll sort out all the property information your lender will need to close the loan.

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

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

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, just contact me at 860-621-7130 or e-mail me at .

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