Buying Indiana real estate? Darrel Brouhard of Re/Max Centerstone Brouhard REALTORS can help.
You need a Top Indiana Agent when buying Indiana real estate.
Buying Indiana real estate can be a stressful event for many people, but with a bit of planning ahead of time, it’s not very complex. 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 buying a home.
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Step 1 – Prepare to buy a home
There are a lot of things you’ll want to consider when buying Central Indiana real estate. Before starting your Central Indiana home search, you’ll most likely want to make an outline of items you want, get an idea of what neighborhoods and school districts you’d like to live in, and start working on your budget. A good rule of thumb to follow is that your mortgage payment should be no more than a third of your net monthly income.
Step 2 – Contact a real estate agent
This is where we can help. You need an experienced agent with hundreds of transactions under his belt. You need Darrel Brouhard! Why work with any real estate broker when you can have a top Indiana broker working for you? Darrel sold over $13 million in Central Indiana real estate in 2015 and has sold over $4 million in the first quarter of 2016. You need a proven professional when your largest investment is on the line! We’d love to book a time to get together with you and communicate with you about why you want to buy a home and get an idea of your plans for the future. We’ll talk about neighborhoods, school districts in the Avon area, the mortgage industry, and any additional economic factors that may potentially affect your purchase today or in the future.
Top Central Indiana Agent Darrel Brouhard
A sales force of 3 for the price of 1! While Darrel Brouhard is an excellent and high producing broker, he needs a support staff and has an excellent crew! You actually get three Realtors working for the price of one! Teresa Brouhard has worked with Darrel in real estate since 1987 and continues to work as the marketing specialist, focusing on web sites, blogging, social media, and everything needed to expose our listings to the most Buyers in the most professional manner. Nichole Houser is a professional photographer and an excellent manager, keeping Darrel organized so he can do what he does best-sell! She is an excellent and professional point of contact for our clients.
In addition, we’ll assist you with getting started on your loan. Darrel works with some very good mortgage professionals in Central Indiana, and we work with a lot of them, so you’ll be in great hands. They’ll help you choose which type of loan is best for you, as well as help you get qualified.
Step 3 – Begin looking for a house
We’ll begin searching for houses on the market that meet your needs. Teresa will set up your own personal web site fed directly from MIBOR where you can sort through listings, designate favorites & rejects, and make comments.It is the best way to stay on top of the market because you will recieve an automatic email immediately when it is put in the system. This is very important in the present market conditions with low inventory and short amount of days on the market. We’ll preview many of the homes and eliminate the bad ones, and then we’ll book appointments to tour the houses when it’s convenient for you.
When we tour the homes, we’ll call attention to good features, as well as bad ones. we’ll also ask you about things you like and dislike. Frequently, buyers revise their list of must-haves as we view homes and some things become far more essential than others. If that happens, we’ll go back through all the listings once again and trim it down to the home you’ve been waiting for. Additionally, Darrel has built over 120 homes and has an excellent understanding of construction. He and Teresa also actively remodel and flip homes so they are invaluable in understanding the potential of a property and helping you with the vision of what you need.
Step 4 – Understand the market
Darrel’s understanding of the local market is an imperative aspect in your house search. And we assure you we’re well acquainted with all the neighborhoods and schools, and we will alert you to certain neighborhoods are “hot” and require immediate action and the others that are “cold” and allow for careful consideration.
As we view houses, we’ll let you know when the seller’s list price has room for negotiation and when we trust the house is “priced to sell.” Be careful and be sure to ask plenty of questions, as any real estate agent will claim to truly understand the market. If things don’t add up, contact us at (317) 754-5044 or e-mail us at Brouhard Realtors, and we’ll be more than happy to answer any questions you have. Our market knowledge will keep you a step ahead through the entire deal.
Step 5 – Find your dream home
We’re positive we’ll find the house of your dreams in Central Indiana. When we do, we’ll carefully develop your purchase offer. The offer will be tailored keeping your needs in mind, including several contingencies, such as acquiring financing, completing the inspection, and a clear title.
When submitting your purchase offer, you’ll want to submit “earnest money.” This is a cash deposit submitted to a home seller to secure the offer to purchase the property. The amount is usually applied to the closing costs. If the offer is accepted by the seller, we should close within 30 to 60 days after. This allows sufficient time for your mortgage financing.
Step 6 – Negotiate the deal
A lot of deals don’t close on the initial offer, and it’s extremely common to receive a counter offer. Don’t let it discourage you. We’ll consider whether or not to consent to the counter offer, present our own counter offer, or reject the seller’s offer and go on.
Market circumstances determine how aggressively we negotiate the deal. In addition, we’ll work within your financing limits. And at the end of the day, we’ll assemble a deal that’s best for you.
Step 7 – Obtain your loan
After we sign the final deal, you’ll start working with your mortgage lender to close the loan. This won’t take much time at all if you’re pre-qualified, but you need to stay in close contact with your mortgage lender. And we’ll deal with all the property information your mortgage lender needs to close the loan.>
Step 8 – Close the deal
You’ll get a Good Faith Estimate (GFE) outlining your closing costs from your mortgage lender within three days of getting your application. This estimate depends on the loan amount, and RESPA requirements order that it has to contain all closing costs and fall within a close range of accuracy. we’ll examine the estimate and let you know if everything looks permissible.
Then we’ll close on your house. This should take place at a title company or escrow office and will most often be a smooth and easygoing occurrence.
Step 9 – Move in
Success! It’s time to move into your new home. Enjoy it. And if you need anything, make sure you contact us at (317) 754-5044 or send u