Charlotte Real Estate Buying

Why use a Charlotte Real Estate Realtor when Buying?

Buying a home can be one of your most rewarding investments of your life. We all want to own a home in a good neighborhood, with great neighbors, and close to our jobs. A Charlotte North Carolina real estate agent can help you understand everything you need to know about the home buying process.

Your Charlotte North Carolina real estate agent Leslie Haywood can give you up-to-date information to begin the buying process. Call today at (704) 737-4817.

When buying Charlotte real estate here are “Nine Steps to Buying a House” that the U.S Department of Housing and Urban Development provide.

1. Figure out how much you can afford. What you can afford depends on your income, credit rating, current monthly expenses, down payment and the interest rate. Find a lendor for more information.
2. Know your rights. Fair Housing: Equal Opportunity for all – brochure, Real Estate Settlement Procedure Act (RESPA), Borrowers Right, Predatory lending.
3. Shop for a Loan. Save money by doing homework. Talk to several lenders, compare costs and interest rates, negotiate to get a better deal. Consider getting pre-approved for a loan. This lets your Charlotte real estate agent know your price range in a home.
4. Learn about Home buying Programs. Check to see if there are programs in the Charlotte area available. FHA loan programs offer lower down payments and are a good option for first-time home buyers.
5. Shop for a Home. If you choose a home in a neighborhood with a home owners associations (HOA), be sure to request a copy of the HOA packet, so you can review before closing.
6. Make an Offer. Discuss the process with your Charlotte real estate agent. If the seller counters your offer, you may need to negotiate until you both agree to the terms of the sale.
7. Get a Home inspection. Make your offer contingent on a home inspection. An inspection will tell you about the condition of the home, and can help you avoid buying a home that needs major repairs.
8. Shop for Homeowners Insurance. Lenders require that you have homeowners insurance. Be sure to shop around.
9. Sign Papers. Your finally ready to go to “settlement” or “closing”. Be sure to read everything before you sign. Your Charlotte real estate agent or attorney will explain everything on the contract.