Are you looking to buy your new home in Tarrytown? Joseph Baratta & Company Realty can help.

Buying a home can be stressful for most people. However, with a little up-front planning, it isn't too confusing. So they understand exactly what they can expect, I'll give buyers a road map of the whole deal. Below are my nine steps to buying a home. When you're ready to get started, simply contact me here or e-mail me at . I'm happy to answer questions you have regarding this information.

Step 1 – Prepare to buy
There are plenty of things you should take into account before you search for a home. When you start your search, you'll probably want to create an index of items you want, plan for what neighborhoods and school districts you'd like to live in, and begin planning your budget. A good guideline to follow is that your mortgage payment should be no more than a third of your net monthly income.

Step 2 – Connect with a real estate agent
This is where Joseph Baratta & Company Realty can help. We'll plan 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 the mortgage and housing industries, other economic factors that could affect your purchase today or in the future, as well as neighborhoods and school districts in the Tarrytown area.

In addition, I'll help you begin the loan process. Joseph Baratta & Company Realty partners with some of Tarrytown's finest mortgage professionals, so you'll be in great hands. They will help you figure out which kind of loan is best for you, as well as help you get qualified.

Step 3 – Begin house hunting
Following our first meeting, I'll begin searching for available homes on the market that meet your needs. I'll research many of the houses and reject the bad ones, and then we'll set up appointments to view the houses at a time that's convenient for you.

As we view houses, I'll identify positive features and negative ones. And I'll ask you to tell us about things you like and dislike. It's widely common for buyers to amend their must-have list as we view homes and some things become far more necessary than others. If that happens, I'll go back through the listings another time and narrow it down to the house you've been waiting for.

Step 4 – Get a grasp of the market
Your agent's understanding of the Tarrytown housing market is a leading element in your home search. And I can assure you I'm informed of all the schools and neighborhoods, and I can communicate which districts are "hot" and require prompt action and others that are "cold" and allow for more examination.

As we tour houses, I'll be sure to tell you if the seller's list price has room for bargaining or if I believe the home is "priced to sell." When working with an agent, be careful and make sure you ask plenty of questions, as every real estate agent in Tarrytown will tell you they truly understand the home market. If things don't add up, call me at 914-301-3277 or e-mail me at , and I'll be glad to answer any questions you might have. My knowledge of the market will help you stay a step ahead through the entire deal.

Step 5 – Find your dream home
We'll find your dream house in the Tarrytown area, and when we do, I'll thoroughly create your real estate purchase offer. The offer will be made to fit your needs and the home. We'll include several contingencies, such as acquiring financing, finishing the inspection, and a clear title.

When turning in your offer, you'll want to submit "earnest money." This is a cash deposit submitted to the home seller to secure an offer to purchase the property, and it's often applied to the cost of closing. If the offer is accepted, we should close on the property about 30 to 60 days after. This allows ample time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts aren't closed on the first offer. It's widely common to receive a counter offer. But don't let it discourage you. We'll figure out whether or not to agree to the counter offer, present our own counter offer, or reject the seller's offer and go on.

Market circumstances will play a role in how aggressively we negotiate the contract. We'll also work within your budget. And when it's all said and done, we'll assemble a contract that is best for you.

Step 7 – Obtain your loan
Upon completing the contract, you'll begin working with your mortgage lender to close the loan. If you're pre-approved, this won't be a long process at all. But you should to keep in close contact with your lender. And I'll care for all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will furnish you with a Loan Estimate (LE) outlining your closing costs within three days of accepting your application. You'll get a Loan Estimate (LE) outlining your closing costs from your mortgage lender within three days of taking your loan application. The estimate rests on the loan amount, and RESPA requirements order that it has to include all closing costs and be within a precise range of accuracy. I'll review the estimate and let you know if everything looks good.

Then it's time to close on your home. This should happen at a title company or escrow office and is often a smooth and pleasant occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new home. Enjoy it. And if you have any questions, simply contact me at 914-301-3277 or e-mail me at .

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