Looking to Buy Palm Springs Real Estate?
Make Wise Decisions…
The home buying process can seem overwhelming and complicated, but with Palm Springs Homes and Leasing by your side, you will soon be holding the keys to your new home.
We guide our clients through every step of the home buying process. But to get you started, here’s some good general advice:
1. Hire a Real Estate Professional
A REALTOR® can:
· Help you find your dream home.
· Fine-tune your financial expectations.
· Is legally responsible for representing the buyer's interest in a real estate transaction.
2. Shop for Mortgage Rates and Terms
Many people don’t realize that half a percentage point can mean a considerable savings over the life of a loan. For example, the difference in the monthly payment on a $100,000 mortgage at 8 percent vs. 7.5 percent is about $35 per month. Over 30 years, that's $12,600.
3. Pre-qualify for a Loan
Getting pre-qualified for a mortgage loan, early in the home buying process, helps determine how much you can afford. It allows you to:
· Move swiftly through the buying process when you find the right home.
· Prevent losing your favorite real estate to other interested buyers.
· Appeal to sellers showing you’re serious about home buying and can afford to buy the property.
4. Outline What you Want
Create a realistic idea of the property you'd like to buy. Make two lists.
· First -- aspects of a house you can't live without.
· Second -- features you would enjoy.
Refine the lists as you house-hunt. Searching online can help to see what is currently available on the market.
Let us at Palm Springs Homes and Leasing send you new homes as they become available. Give us a call at 760-832-9963 or email.
5. Visit Real Estate on the Market
Palm Springs Homes and Leasing can arrange showings for the homes for sale that you’d like to see. Be sure to keep a list of all the properties you've seen.
Each time you visit more properties, revisit your notes to immediately eliminate any that clearly do not meet your standards.
6. Rate the Homes You Tour
After touring each home, write down what you liked and didn't like. Develop a rating system to help narrow the home-buying field.
Pick the house you like best first and compare all other houses to it. When you find a better one, use the new favorite as the standard.
Avoid trying to track more than 4 top choices at any given time since this can quickly become overwhelming.
7. Make an Offer
Found your dream house? Get serious about the financial and contractual side of the purchase. Palm Springs Homes and Leasing guides you through this sensitive part of the home buying process.
Buyers and sellers have different goals, rely on your Palm Springs Homes and Leasing agent's experience and expertise to bring order and calmness to the process; and help both parties reach a favorable outcome.
8. Arrange For a Home Inspection
After your offer is accepted, set up a home inspection. It's common to find problems, including:
· Leaky roofs
· Cracked walls
· Insect infestations
· Foundation problems
We can help find a reputable inspector and will negotiate for you getting the most for your money once the inspector's report is final.
If you negotiate repairs as part of the purchase, ask for a "walk through" before finalizing the home buying paperwork. Ask your REALTOR® about home protection plans, which can save you money in the near future.
Ensure you've made all necessary deposits and completed the paperwork before your closing date, such as:
· Homeowner's insurance
· Other paperwork required by local or state governments
Your Palm Springs Homes and Leasing agent helps you complete that closing checklist and avoid any last-minute snags, so you can enjoy every moment of the process.
10. Prepare for Life in Your New Home
Before rolling out the welcome mat, consider these moving basics:
· Arrange for an alarm company
· Turn on electricity, water and gas
· Cleaning or replace the carpet
· Notify your local post office of your new address.
· Complete renovations (the best time is before you move in)
If you’re ready to begin the home buying process, contact Palm Springs Homes and Leasing at 760-832-9963 or email.
We’ll help you find the answers to all your questions and give you peace of mind.
Buying Services for Palm Springs Home Buyers
Congratulations! You have decided to purchase a home, or are thinking about buying one in the greater Palm Springs area. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.
In the following reports, you'll find the information you need to make a wise buying decision. We'll take you through the planning process step-by-step , to help you determine which home is right for you. You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.
Please contact me if you have any questions about buying a home in Palm Springs or elsewhere in California.
Below, select desired reports and complete the form provided.