Finding and purchasing a home that will meet your needs is a significant and often stressful time. My goal is to make this transition as smooth as possible. We're local experts at United Country | Southern Lifestyle Properties, and once we learn what it is that you’re looking for, finding your dream home is simple.
Before you start looking for a home you should ask yourself a few questions:
Searching for your dream home can be a time-consuming experience. Working with a professional will make the process much more efficient!
Finding a Loan Officer/Loan Originator: The first step in creating a strong offer when using a loan is to find a local, trusted lender or loan officer who comes recommended or has plenty of positive reviews from your research. Be cautious of quick online mortgage pre-qualifications, as they are often associated with high hidden fees, poor communication, extended closing times, and sometimes even backing out a week before your scheduled closing date, wasting both your time and money.
Different organizations offer different programs and fees, so feel free to shop around and inquire about what various organizations have to offer. Doing this could potentially save you thousands of dollars.
Common Types of Loans Available in Tennessee: USDA - Rural Development, THDA - which offers $6,000 assistance for down payment or closing costs, FHA, VA, and Conventional loans.
Down Payment: Different loans have varying down payment requirements. While some loans don't require any down payment, most will only require 3.5%. Some loans may require monthly PMI (private mortgage insurance) if your down payment is less than 20%.
Home Inspections: Typically priced around $450.00 and due at the time of the service.
Closing Costs: Typically range from 2-6% of the home's purchase price.
After you have been pre-approved, I will work with you to customize your home search according to your specific needs and preferences. I will help you find the perfect home that meets all of your requirements.
Once we find "the one," we will discuss the offer price, contingencies, and contract obligations. I will craft a strong offer on your behalf, submitting and negotiating with your best interests in mind to ensure your needs are met.
Congratulations, your offer has been accepted and you are on your way to owning your very own home! Follow these suggestions so that escrow and settlement go as smooth as possible.
Closing Day! Be sure to conduct a final inspection of the property to ensure it is in the same or better condition and that all requested repairs have been completed. Remember to bring a picture ID and a check to cover any closing costs you may have.
Please send me a message if you cannot find an answer to your question.
I can provide you with historical data on property values in the area, as well as current market trends and forecasts to help you make an informed decision about whether a property is a good investment.
Yes, I offer comprehensive relocation services to help you move to a new location, including assistance with finding a new home, selling your current home, and navigating the moving process.