Let Metro Properties help you with buying your home in Oklahoma City

Buying a home intimidates many people, but it isn't very confusing with a bit of up-front planning. So you understand exactly what to expect, we like to furnish our buyers with a road map of the whole deal. Below are our nine steps to purchasing a home.

Step 1 – Get ready to purchase a home
Before you start looking for a home, there are a lot of things you'll want to contemplate. When you begin your search, you'll want to put together a list of items you need to have, plan for what neighborhoods you'd like to live in, and begin working on your budget. Keeping your mortgage payment around 30 percent of your monthly income is a good principle to follow.

Step 2 – Contact a real estate agent in Oklahoma City
This is where Metro Properties comes in. We'd like to arrange a time to get together with you and talk about your real estate needs and get an idea of your upcoming plans. We'll discuss neighborhoods, schools in the Oklahoma City area, the mortgage and housing industries, and any additional economic factors that may affect your purchase today or in the future.

We'll also assist you in getting started on your loan. Metro Properties works with some of Oklahoma City's finest mortgage professionals, so you can rest assured that you're in great hands. They can assist you in deciding which type of loan is best for you and help you get approved.

Step 3 – Start your search
Following our first meeting, we'll begin searching for available houses on the market that meet your needs. We'll get a sneak peek of many of the homes and throw out the bad ones, and then we'll book appointments to tour the homes at a time that's convenient for you.

When we tour homes, we'll point out positive features and bad ones. And we'll ask you about things you like and dislike. It's pretty common for buyers to update their list of must-haves as we view houses and some things become far more necessary than others. If that's the case, we'll go back through all the listings once again and narrow it down to the house you've been wishing for.

Step 4 – Get a feel for the market
An agent's awareness of the Oklahoma City market is a necessary agent in your home search. And we assure you we're very familiar with all the neighborhoods and schools, and we can communicate certain districts are "hot" and demand prompt action and the rest that are "cool" and allow for careful analysis.

As we tour houses, we'll make sure to communicate when the asking price has room for negotiation and also when I trust the house is "priced to sell." When working with an agent, be mindful and make sure you ask lots of questions. Every real estate agent will claim to comprehend the home market. If things don't add up, just call us at 111-111-1111 or e-mail us at sitesetup@pipelineroi.com, and we'd be happy to answer any questions you have. Our knowledge of the market will keep you a step ahead through the entire deal.

Step 5 – Find the house you've been looking for
We're sure we'll find the house of your dreams in the Oklahoma City area. When we do, we'll carefully develop your purchase offer. The offer will be tailored to suit your needs, including some contingencies. A few examples are acquiring financing, carrying out the home inspection, and a clean title.

When we present your offer, you'll probably want to present "earnest money." This is a cash deposit submitted to a home seller to secure the offer to purchase the property and is most often applied to the closing costs. If the offer is accepted, we should close about 30 to 60 days after. This allows necessary time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals aren't closed on the first offer, and it's extremely common to receive a counter offer. But don't let it intimidate you. We'll figure out whether or not to consent to the counter offer, submit our own counter offer, or reject the seller's offer and go on.

The state of the market will play a role in how aggressively we negotiate the contract. In addition, we'll work within your budget. And when it's all said and done, we'll formulate a deal that works well for you.

Step 7 – Secure a loan
Once we sign the final deal, you'll start working with your lender to close the loan. If you're already pre-qualified, it shouldn't take long at all. But you need to stay in close contact with your mortgage lender. And we'll handle all the property information your lender will need 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 getting your application. The estimate is formed from the loan amount, and RESPA requirements mandate that it has to contain all closing costs and be within a precise range of accuracy. we'll examine the estimate and let you know if it all looks good.

Then we'll close on your home. This should happen at a title company or escrow office and should be a smooth and relaxing occurrence.

Step 9 – Move in
Success! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, make sure you call us at 111-111-1111 or send us an e-mail.