Buying or selling a home? Leyba Real Estate LLC can help.

For a lot of people, buying a home is a stressful event. However, with some planning ahead of time, it isn't that complex. So they'll know exactly what they can expect, I'll provide buyers with a road map of the entire deal. Here are my nine steps to buying a home. When you're ready to get started, simply contact me here or e-mail me at . I'm happy to answer any questions you have regarding this information.

Step 1 – Prepare to buy a home
There are a lot of things you need to take into account before you search for a home. When you begin your search, you'll probably want to create an index of features you want to have, get an idea of what school districts you'd like to live in, and begin planning around your budget. Keeping your mortgage payment around 1/3 of your monthly income is a good principle to follow.

Step 2 – Speak with a real estate agent in Santa Fe
That's where I come in. We can plan a time to get together so we can talk about why you want to buy a home and get an idea of your upcoming plans. We'll talk about neighborhoods, school districts in the Santa Fe area, the mortgage and housing industries, and any other economic factors that may potentially affect your buying decision today or in the future.

I can also assist you with getting started on your loan. There are some excellent mortgage professionals in Santa Fe, and I work with a lot of them, so you're in great hands. They can assist you with determining which type of loan is best for you and help you get qualified.

Step 3 – Begin looking
After our initial meeting, I'll begin finding available houses on the market that are a good fit for you. I'll research many of the houses and eliminate the bad ones, and then we'll schedule appointments to view the homes when it's convenient for you.

As we view the houses, I'll point out positive features and negative ones. I'll also ask you to point out what things you like and don't like. Oftentimes, buyers revise their wish list as we view houses and some items become more essential than others. If such is the case, I'll search all the listings another time and narrow it down to the home of your dreams.

Step 4 – Get a grasp of the housing market
Your agent's awareness of the Santa Fe home market is a crucial factor in your house search. And I assure you I'm acquainted with all the neighborhoods and schools, and I will alert you to certain neighborhoods are "hot" and require immediate action and others that are "cool" and allow for more analysis.

When we tour homes, I'll let you know if the list price has room for negotiation or if I believe the house is "priced to sell." Be mindful and make sure you ask your agent plenty of questions, as any REALTOR will tell you they truly understand the market. If things don't add up, contact me at 5054730223 or e-mail me at , and I'll be happy to answer any questions you may have. My understanding of the market will help you stay a step above the rest through the entire process.

Step 5 – Find your dream home
I'm sure we'll find your dream home in Santa Fe. When we do, I'll carefully develop your home purchase offer. The offer will be tailored keeping your needs in mind and the home, including a lot of contingencies. A few examples are acquiring financing, finishing the inspection, and a clear title.

When we turn in your offer, you'll likely need to present "earnest money." This is a cash deposit made to the home seller to secure an offer to purchase the property. The amount is usually put towards the cost of closing. If the offer is accepted, we should close on the property about 30 to 60 days after. This allows enough time for your mortgage financing.

Step 6 – Negotiate the deal
A lot of contracts don't close on the initial offer, and it's pretty common to receive a counter offer. But don't let this alarm you. We'll talk over whether or not to take the counter offer, submit our own counter offer, or decline the seller's offer and go on.

The state of the market will play a big part in how aggressively we negotiate the deal. We'll also work within your financing budget. And at the end of the day, we'll compose a contract that's best for you.

Step 7 – Get your loan
After the contract is complete, you'll begin working with your lender to close the loan. If you're pre-qualified, it shouldn't be a long process at all, but you need to keep in close contact with your mortgage lender. And I'll care for all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your mortgage lender will provide you with a Loan Estimate (LE) of closing costs within three days of getting your loan application. You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of receiving your application. The estimate depends on the loan amount, and RESPA requirements mandate that it has to include all closing costs and fall within a narrow range of accuracy. I'll study the estimate and let you know if everything looks adequate.

Then we'll close on your home. This will likely take place at a title company or escrow office and will most likely be a smooth and comfortable occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new home. Enjoy it. And if you need anything or have any questions, make sure you contact me at 5054730223 or e-mail me at .