Are you buying your home in Duncan? Kay's Real Estate can help.

	If you have questions regarding any of this information or if you're ready to get started, simply contact me here or e-mail me at isellhomes@cableone.net.

Step 1 – Get ready to purchase a home
Before you start your home search, there are several things you'll want to contemplate. When you begin your search, you'll want to create a check list of items you want, get a plan of what neighborhoods and school districts you'd like to live in, and start planning around your budget. Ensuring your mortgage payment is around 1/3 of your net monthly income is a good guideline to adhere to.

Step 2 – Communicate with a real estate agent
That's where I can help. I'd be more than happy to arrange a time to meet with you and communicate with you regarding your real estate needs and get an idea of your plans for the future. We'll discuss everything from neighborhoods, schools in the Duncan area, the mortgage and housing industries, to any other economic factors that may potentially affect your purchase today or in the future.

I'll also help you start the loan process. There are some great mortgage professionals in Duncan, and I work with a lot of them, so you can rest assured that you're in great hands. They'll help you determine which type of loan is best for you, as well as help you get qualified.

Step 3 – Start your home search
After our initial meeting, I'll begin looking for homes on the market that meet your needs. I'll research most of the homes and exclude the duds, and then we'll set up appointments to tour the houses whenever it's convenient for you.

When we view the houses, I'll call attention to good features, as well as bad ones. I'll also ask you to tell me about things you like and dislike. Most often, buyers amend their must-have list as we tour houses and some things become far more substantial than others. If that happens, I'll go back through the listings again and trim it down to the home you've been dreaming about.

Step 4 – Understand the housing market
My understanding of the Duncan home market is a necessary asset in your house search. I'm mindful of all the school districts and neighborhoods, and I'll communicate which areas are "hot" and demand immediate action and the others that are "cold" and allow for more examination.

As we view homes, I'll be sure to tell you when the asking price has room for bargaining and when I believe the home is "priced to sell." When working with an agent, be on guard and make sure you ask a lot of questions. Every real estate agent in Duncan will convince you they comprehend the housing market. If it seems like they don't know everything, just call me at 580.255.8657x29 or e-mail me at isellhomes@cableone.net, and I'll be glad to answer your questions. My knowledge of the market will keep you a step above the rest throughout the entire deal.

Step 5 – Find the house of your dreams
I'm positive we'll find the home of your dreams in Duncan, and when we do, I'll precisely create your purchase offer. The offer will be written to suit your needs. Whenever necessary, I never forget to make contracts contingent upon items like your ability to secure financing and the results of the home inspection.

When submitting your offer, you'll need to submit "earnest money." This is a cash deposit submitted to a home seller to secure the offer to buy the property and is typically applied to the closing costs. If your offer is accepted by the seller, we should close on the home within 30 to 60 days after. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate the deal
Most contracts aren't closed on the initial offer, and it's very common to receive a counter offer. Don't let it alarm you. We'll consider whether or not to accept the counter offer, propose our own counter offer, or refuse the seller's offer and move on.

Market circumstances determine how aggressively we negotiate the deal. In addition, we'll work within your financing budget. And at the end of the day, we'll compose a contract that works well for you.

Step 7 – Secure a loan
Once we sign the final deal, you'll begin working with your lender to close the loan. If you're already pre-qualified, this shouldn't take long at all. However, you should to stay in close contact with your lender. And I'll manage all the property information your lender will need to close the loan.

Step 8 – Close the deal
Your mortgage lender will give you a Good Faith Estimate (GFE) outlining closing costs within three days of accepting your application. The estimate depends on the loan amount, and RESPA requirements dictate that it has to include all closing costs and be within a close range of accuracy. I'll study the estimate and let you know if it all looks adequate.

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

Step 9 – Move in
Success! It's time to move into your new home. Enjoy it. And if you need anything, make sure you call me at 580.255.8657x29 or send me an e-mail.