Looking to purchase a new home in Tulsa? Hall Group Realty can help.

Purchasing a home is a stressful event for a lot of people. However, with a little up-front planning, it's not too complicated. I like to provide buyers with a road map of the entire deal so they understand exactly what they can expect. Here are my nine steps to buying a home. When you're ready to get started, just contact me here or e-mail me at . I'm glad to address any questions you have regarding this information.

Step 1 – Get ready to purchase
Before you commence your home search, there are plenty of things you'll want to do. When you begin your search, you'll probably want to form an outline of must-have features, get an idea of what school districts you'd like to live in, and begin planning your budget. Keeping your mortgage payment around a third of your net monthly income is a good rule of thumb to follow.

Step 2 – Talk to a real estate agent in Tulsa
This is where Hall Group Realty comes in. I'd be more than happy to arrange a time to meet with you and speak with you about your real estate needs and get an idea of your upcoming plans. We'll talk about the mortgage and housing industries, other economic factors that may potentially affect your buying decision today or in the future, as well as neighborhoods and school districts in the Tulsa area.

I'll also help you get started on your loan. There are some excellent mortgage professionals in Tulsa, and I partner with a lot of them, so you're in great hands. They'll assist you in choosing which type of loan is best for you and help you get approved.

Step 3 – Start looking
After our first meeting, I'll begin finding houses on the market that are good for you. I'll research many of the homes and eliminate the bad ones, and then we'll book appointments to tour the houses when it's most convenient for you.

When we view houses, I'll call attention to good features, as well as bad ones. I'll even ask you to point out what things you like and dislike. It's widely common for buyers to amend their wish list as we tour houses and some items become far more necessary than others. If that's the case, I'll look through the listings once more and narrow it down to the home you've been waiting for.

Step 4 – Know the housing market
An agent's awareness of the Tulsa market is a leading agent in your home search. And I can assure you I'm conscious of all the neighborhoods and schools, and I will communicate some areas are "hot" and call for prompt action and the ones that are "cold" and allow for cautiousness.

When we view houses, I'll let you know when the seller's list price has room for negotiation and when I believe the house is "priced to sell." When working with an agent, trust your instincts and be sure to ask a lot of questions. Every REALTOR in Tulsa will tell you they truly know the market. If things don't add up, call me at 9184028002 or e-mail me at , and I'd be happy to answer any questions you might have. My market knowledge will help you stay a step ahead through the entire deal.

Step 5 – Find the home you've been looking for
I'm positive we'll find the house of your dreams in the Tulsa area. When that happens, I'll precisely create your real estate purchase offer. The offer will be tailored to suit your needs and the home, including a lot of contingencies. A few examples are obtaining financing, completing the home inspection, and a clean title.

When we turn in your purchase offer, you'll want to present "earnest money." This is a cash deposit made to a seller to secure an offer to purchase the property. The amount is usually applied to the closing costs. If your offer is accepted by the seller, we should close within 30 to 60 days afterward. This allows sufficient time for your mortgage financing.

Step 6 – Negotiate the deal
Unfortunately most contracts don't close on the beginning offer. It's widely common to receive a counter offer. Don't let it intimidate you. We'll talk over whether or not to agree to 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 constraints. And when it's all said and done, we'll put together a deal that's best for you.

Step 7 – Get a loan
Once the contract is finalized, you'll start working with your lender to close the loan. If you've been pre-qualified, this shouldn't take long at all, but you'll need to keep in close contact with your lender. And I'll handle all the property information your lender needs to close the loan.

Step 8 – Close the deal
Your lender will send you a Loan Estimate (LE) of your closing costs within three days of getting your application. You'll get a Loan Estimate (LE) of your closing costs from your lender within three days of taking your application. The estimate is based on the loan amount, and RESPA requirements mandate that it has to involve all closing costs and fall within a close range of accuracy. I'll examine the estimate and let you know if it all looks all right.

Then we'll close on your house. This will most often happen at a title company or escrow office and is often a smooth and calm occurrence.

Step 9 – Move in
Congratulations! Now you can move into your new house. Enjoy it. And if you have any questions, just call me at 9184028002 or e-mail me at .