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

Purchasing a home is an intimidating event for most people, but with a little planning ahead of time, it isn't that difficult. I like to furnish buyers with a road map of the entire deal so they understand exactly what they can expect. These 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 happy to answer questions you have about this information.

Step 1 – Get ready to buy
There are many things you should consider before commencing your home search. You'll probably want to create a checklist of must-have features, get a plan of what school districts you'd like to live in, and begin planning your budget. Ensuring your mortgage payment is less than or close to 1/3 of your net monthly income is a good guideline to go by.

Step 2 – Communicate with a real estate agent in Santa Fe
That's where I can help. I'd be more than happy to book a time to meet with you and communicate with you about your real estate needs and get an idea of your upcoming plans. We'll discuss everything from neighborhoods, school districts in the Santa Fe area, the mortgage and housing industries, to any other economic factors that may potentially affect your buying decision today or in the future.

In addition, I'll assist you in getting started on your loan. Leyba Real Estate LLC works with some of the finest mortgage professionals in Santa Fe, so you'll be in great hands. They can assist you with deciding which kind of loan is best for you and help you get approved.

Step 3 – Begin looking for a home
After our first meeting, I'll begin searching for available houses on the market that best suit you. I'll get a sneak peek of most of the houses and eliminate the bad ones, and then we'll set up appointments to view the houses when it's most convenient for you.

As we view houses, I'll call attention to positive features and bad ones. I'll also ask you to tell us about things you like and don't like. It's common for buyers to change their must-have list as we tour houses and some things become far more necessary than others. If that's the situation, I'll look through the listings once again and trim it down to the home you've been dreaming about.

Step 4 – Know the market
An agent's awareness of the Santa Fe market is an essential aspect in your house search. And I can assure you I'm acquainted with all the neighborhoods and schools, and I'll alert you to what districts are "hot" and call for immediate action and others that are "cool" and allow for more examination.

When we view homes, I'll be sure to tell you when the asking price has room for negotiation and also when I trust the home is "priced to sell." When working with an agent, trust your instincts and make sure you ask plenty of questions. Any REALTOR will claim to understand the home market. If things don't add up, just call me at 5054730223 or e-mail me at , and I'll be more than happy to answer your questions. My market knowledge will help you stay a step above the rest throughout the entire process.

Step 5 – Find your dream house
I'm confident we'll find your dream house in Santa Fe. When we do, I'll meticulously develop your home purchase offer. The offer will be tailored keeping your needs in mind and the home, including several contingencies, such as obtaining financing, completing the home inspection, and a clear title.

When presenting your offer, you'll probably need to submit "earnest money." This is a cash deposit submitted to a seller to secure an offer to purchase the property. The amount is often put towards the cost of closing. If your offer is accepted by the seller, we should close on the home within 30 to 60 days afterward. This allows plenty of time for your mortgage financing.

Step 6 – Negotiate the deal
Most deals don't close on the beginning offer – it's extremely common to receive a counter offer. Don't let this intimidate you. We'll discuss 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. We'll also work within your financing budget. And at the end of the day, we'll compose a contract that works well for you.

Step 7 – Get financing
Once we sign the final sales contract, you'll start working with your mortgage lender to close the loan. If you're pre-qualified, this shouldn't take very long at all, but you should to keep in close contact with your mortgage lender. And I'll manage all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
You'll get a Loan Estimate (LE) detailing your closing costs from your mortgage lender within three days of taking your loan application. The estimate depends on the loan amount. RESPA requirements dictate that it has to contain all closing costs and fall within a close range of accuracy, and I'll study the estimate and let you know if everything looks all right.

Then we'll close on your house. This will likely take place at a title company or escrow office and is often a smooth and hassle-free occurrence.

Step 9 – Move in
Congratulations! It's time to move into your new house. Enjoy it. And if you have any questions, make sure you call me at 5054730223 or e-mail me at .