Why People Think Properties Are A Good Idea

Owning a Home in Guam Thousands of new arrivals from the US Military and the US Department of Defense, along with their families, come to Guam to serve for their new assignments and, not being familiar with Guam, relocating there is a challenge, especially finding a home in an island away from their homeland. These … Continue reading “Why People Think Properties Are A Good Idea”

Owning a Home in Guam Thousands of new arrivals from the US Military and the US Department of Defense, along with their families, come to Guam to serve for their new assignments and, not being familiar with Guam, relocating there is a challenge, especially finding a home in an island away from their homeland. These are step procedures to either buy or rent a home in Guam. The kind of neighborhood, the school districts, church, nearby supermarket, as well as the house amenities, these are things to consider first in a checklist before you start looking for a new home. The next step is to discuss the things in the checklist to a real estate agent, who will be just as eager to help you with your home plans, as well as discuss with you on how to get started on a house loan, and the real estate costs in relation to its location and neighborhood.
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The real estate agent will be in contact again with you, after your first meeting, and he/she will provide you previews of houses that are available in the market and will schedule house tours for you to conduct an ocular inspection over the houses which you selected in the given previews. Questions, such as the house features, the prices of each house, the market value of the house in a particular neighborhood, and a possibility for negotiating on the house cost, must be discussed with the real estate gent while both of you are in the process of conducting house tours.
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After sometime, a home purchase offer will be presented by the real estate agent, which should be tailored to your specifications, including the application for a house loan. A cash deposited is required from you, once you’re amenable to the home purchase offer, and made to the seller to secure the offer to buy the property, such that if the seller accepts the cash deposit, the purchase process should be close within a month or more, just enough time for your mortgage financing. The period of a month or more when the home purchase is being processed, should be an opportune period to renegotiate for a final house price as a counter offer, such that if there is a final agreement to the house price, a contract will be provided signifying the first step to owning the house. Work out your mortgage loan, as soon as the contract deal is complete, and the real estate agent will deal with all the property information which the lender will need to close the loan. The real estate agent will also work out on the title of the house, as soon as the loan is finalized and the closing costs, which are included in the loan amount, are complied, and in a few days more, it’s time for you to move into your new home.