Buying or selling a home? Brian L. A. Wess can help.

Buying a home is intimidating for many people, but with a little planning ahead of time, it's not all that confusing. So they know exactly what they can expect, I will provide buyers with an outline of the entire deal. Below are my nine steps to purchasing a home. When you're ready to get started, just contact me here or e-mail me at . I'm glad to address questions you have about this information.

Step 1 – Prepare to buy a home
There are many things you need to contemplate prior to beginning your home search. You'll want to create an outline of items you need to have, get a feeling for what school districts you'd like to live in, and begin planning your budget. A good rule of thumb to follow is that your mortgage payment should be less than or close to a third of your net monthly income.

Step 2 – Communicate with a real estate agent in Colorado Springs
This is where I come in. We can set up a time to meet so we can talk about your real estate needs and get an idea of your future plans. We'll talk about the mortgage industry, other economic factors that may affect your purchase today or in the future, as well as neighborhoods and schools in the Colorado Springs area.

I can also help you begin the loan process. I partner with some of the best mortgage professionals in Colorado Springs, so you can rest assured that you're in great hands. They will assist you with determining which kind of loan is best for you and help you get approved.

Step 3 – Begin looking for a house
Following our initial meeting, I'll start finding available houses on the market that are great for you. I'll get a sneak peek of many of the houses and exclude the bad ones, and then we'll set up appointments to tour the houses whenever it's convenient for you.

When we view the homes, I'll identify positive features and bad ones. I'll even ask you to tell us about things you like and don't like. Frequently, buyers change their wish list as we tour homes and some items become more important than others. If such is the case, I'll go back through the listings again and trim it down to the home you've been dreaming about.

Step 4 – Comprehend the housing market
An agent's understanding of the Colorado Springs housing market is an essential element in your home search. And I can assure you I'm informed of all the neighborhoods and school districts, and I can alert you to which neighborhoods are "hot" and warrant immediate action and others that are "cool" and allow for careful consideration.

When we view houses, I'll make sure to communicate when the seller's asking price has room for bargaining and also when I believe the house is "priced to sell." Be on guard and be sure to ask plenty of questions, as any real estate agent in Colorado Springs will claim to know the home market. If it doesn't seem like they know everything, just call me at 7195286672 or e-mail me at , and I'd be happy to answer any questions you may have. My market knowledge will keep you a step above the rest through the entire deal.

Step 5 – Find the home you've been waiting for
We'll find the home of your dreams in Colorado Springs, and when that happens, I'll carefully develop your home purchase offer. The offer will be made to fit your needs and the home. We'll include a lot of contingencies, such as getting financing, carrying out the home inspection, and a clean title.

Upon presenting your purchase offer, you'll probably want to submit "earnest money." This is a cash deposit given to the seller to secure the offer to buy the property, and it's most often applied to the cost of closing. If the seller accepts the offer, we should close on the home about 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate
A lot of deals aren't closed on the first offer – it's extremely common to receive a counter offer. Don't let this alarm you. We'll talk about whether or not to agree to the counter offer, present our own counter offer, or reject the seller's offer and go on.

Market conditions will play a vital role in how aggressively we negotiate the deal. In addition, we'll work within your budget. And at the end of the day, we'll formulate a contract that is best for you.

Step 7 – Secure a loan
Upon signing the deal, you'll begin working with your mortgage lender to close the loan. It won't take much time at all if you're pre-approved, but you'll want to stay in close contact with your mortgage lender. And I'll handle all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will give you a Loan Estimate (LE) detailing your closing costs within three days of accepting your application. You'll get a Loan Estimate (LE) detailing closing costs from your lender within three days of receiving your loan application. This estimate depends on the loan amount. RESPA requirements order that it has to contain all closing costs and fall within a precise range of accuracy, and I'll examine the estimate and let you know if everything looks okay.

Then it's time to close on your house. This will most likely happen at a title company or escrow office and will likely be a smooth and calm occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, just contact me at 7195286672 or e-mail me at .


Brian L. A. Wess

Infinite Horizons Realty

2910 N. Powers Blvd, #174
Colorado Springs, CO 80922