Are you buying your home in Triangle/Raleigh area?  Bobby and his Team of professionals can help.

With a little up-front planning, purchasing a home isn't very difficult, but sometimes the event intimidates many people. So you'll understand exactly what to expect, I like to supply my buyers with an outline of the entire deal. 

Please find nine steps to purchasing a new home outlined below.

If you have any questions regarding any of this information or if you're prepared to get started, you can contact me at 919-614-0752 or send an e-mail to bobbyhill@bellsouth.net.

Step 1 – Get ready to purchase
There are plenty of things you should contemplate before you start looking for a home. It's likely that you'll want to assemble a check list of items you want to have, get an idea of what neighborhoods you'd like to live in, and start planning around your budget. A good principle to adhere to is that your mortgage payment should be no more than 30 percent of your net monthly income. .

Step 2 – Talk to a Real Estate agent
That's where I can help. I'd be more than happy to plan a time to get together with you and speak with you about your real estate needs and get an idea of your plans for the future. We'll discuss the mortgage and housing industries, other economic factors that could affect your purchase today or in the future, as well as neighborhoods and school districts in the Triangle/Raleigh area.

I will help you get the loan process started.  It is best to get Pre-Qualified with a Licensed Mortgage Loan Officer so if you find a home you would like to make an offer you are prepared to move quickly.  I work with some of the Triangle's finest mortgage professionals and will be happy to connect you to one.  They will assist you with determining which type of loan is best for you, will help you get qualified and answer all your financing questions.

Step 3 – Begin looking for a home
After our first meeting, I'll start looking for available homes on the market that best suit your needs. I'll preview most of the homes and eliminate the ones that don't.  After that we will set up appointments to view the houses whenever it's convenient for you.

As we view the homes, I'll call attention to best features and point out any bad ones. I'll also ask you to tell me about things you like and don't like. It's pretty common for buyers to update their wish list as we tour houses and some features become far more substantial 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 looking for.

Step 4 – Get a feel for the housing market
My understanding and knowledge of the Triangle/Raleigh Market is a fundamental benefit in your home search. I am conscious of all the school districts and neighborhoods, and I will communicate when certain neighborhoods are "hot" and demand prompt action and let you know about those that are "cool" to allow for more examination.

When we view houses, I'll be sure to tell you if the seller's asking price has room for bargaining or if I believe the home is "priced to sell." Be on guard and make sure you ask your agent a lot of questions, as any REALTOR® will tell you they know the market. If it doesn't seem like they know everything, contact me at 919-614-0752 or e-mail me at bobbyhill@bellsouth.net, and I'll be more than happy to answer any questions you may have. My market expertise will help you stay a step ahead throughout the entire process.

Step 5 – Find the home you've been waiting for
I'm sure we'll find the house of your dreams in the Raleigh/Triangle area. When that happens, I'll create your real estate offer to purchase. The offer will be tailored exactly to your needs, including several contingencies if needed. A few examples are acquiring financing, completing the home inspection, appraised value and clear title.

Let Bobby Hill guide you through finding your dream home in Raleigh When we send in your purchase offer, you will need to submit  both " Due Diligence" and "Earnest Money Deposits." These deposits given to the Listing Agent to secure an offer to buy the property and is applied to the bottom line needed at closing. If the offer is accepted by the seller, you will normally close on the home within 30 to 60 days. This allows ample time for your mortgage financing.

Step 6 – Negotiating the deal
Most deals aren't agreed upon with he initial offer. It's extremely common to receive a counter offer. But don't let this alarm you. We'll consider whether or not to accept the counter offer, propose a counter offer, or reject the seller's offer and move on.

Market circumstances play a role in how aggressively we negotiate the contract. In addition, we'll work within your financing constraints. When it's all said and done, we'll create a contract that works well for you.

Step 7 – Get a loan
Upon completing the deal, you'll start working with your lender to close the loan. If you've been pre-approved, this shouldn't take very long, but you need to stay in close contact with your lender. I will provide all the property information your mortgage lender needs to close the loan.>

Step 8 – Close the deal
You will get a Good Faith Estimate (GFE)  now called the Loan Estimate (LE) providing breakdown of the closing and pre-paid costs from your lender within three days of receiving your loan application. This estimate depends on the loan amount, and RESPA requirements dictate that it has to include all closing costs and fall within a precise range of accuracy. I will analyze the estimate and let you know if everything looks okay.

Once everything is complete, we will close on your new home. This will most likely take place at a closing attorney or title company's office and generally is a smooth and peaceful event.

Step 9 – Move in
Success! Now you can move into your new house. Enjoy it. And if you have any questions, simply contact me at 919-614-0752 or send me an e-mail.

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