Happy Saturday everyone! I am wishing everyone an enjoyable weekend. If you are a new or regular viewer to my channel, and enjoy the content, but haven't subscribed yet, please take a quick second now, to Subscribe and Hit the Notification Bell. By subscribing, you are showing your support for this community and also supporting me to create more videos and property tours for you. And your support will be greatly appreciated. As always, thanks for Watching, Liking, and Commenting! Home Buying Tips : Step 1: Start Your Research Early As soon as you can, start reading Web sites, newspapers, and magazines that have real estate listings. Make a note of particular homes you are interested in and see how long they stay on the market. Also, note any changes in asking prices. This will give you a sense of the housing trends in specific areas. Step 2: Determine How Much House You Can Afford Lenders generally recommend that people look for homes that cost no more than three to five times their annual household income if the home buyers plan to make a 20% down payment and have a moderate amount of other debt. But you should make this determination based on your own financial situation. Use our Affordability Calculator to see how much house you can afford. To help you save for your down payment, try Discover Bank’s AutoSavers Plan, which makes it easy to put aside money each month. Step 3: Get Prequalified and Preapproved for credit for Your Mortgage Before you start looking for a home, you will need to know how much you can actually spend. The best way to do that is to get prequalified for a mortgage. To get prequalified, you just need to provide some financial information to your mortgage banker, such as your income and the amount of savings and investments you have. Your lender will review this information and tell you how much we can lend you. This will tell you the price range of the homes you should be looking at. Later, you can get preapproved for credit, which involves providing your financial documents (W-2 statements, paycheck stubs, bank account statements, etc.) so your lender can verify your financial status and credit. Step 4: Find the Right Real Estate Agent Real estate agents are important partners when you’re buying or selling a home. Real estate agents can provide you with helpful information on homes and neighborhoods that isn’t easily accessible to the public. Their knowledge of the home buying process, negotiating skills, and familiarity with the area you want to live in can be extremely valuable. And best of all, it doesn’t cost you anything to use an agent - they’re compensated from the commission paid by the seller of the house. Step 5: Shop for Your Home and Make an Offer Start touring homes in your price range. It might be helpful to take notes (using this helpful checklist) on all the homes you visit. You will see a lot of houses! It can be hard to remember everything about them, so you might want to take pictures or video to help you remember each home. Step 6: Get a Home Inspection Typically, purchase offers are contingent on a home inspection of the property to check for signs of structural damage or things that may need fixing. Your real estate agent usually will help you arrange to have this inspection conducted within a few days of your offer being accepted by the seller. This contingency protects you by giving you a chance to renegotiate your offer or withdraw it without penalty if the inspection reveals significant material damage. Both you and the seller will receive a report on the home inspector’s findings. You can then decide if you want to ask the seller to fix anything on the property before closing the sale. Before the sale closes, you will have a walk-through of the house, which gives you the chance to confirm that any agreed-upon repairs have been made. Step 7: Work with a Mortgage Banker to Select Your Loan Lenders have a wide range of competitively priced loan programs and a reputation for exceptional customer service. You will have many questions when you are purchasing a home, and having one of our experienced, responsive mortgage bankers assist you can make the process much easier. Every homebuyer has its own priorities when choosing a mortgage. Some are interested in keeping their monthly payments as low as possible. Others are interested in making sure that their monthly payments never increase. And still, others pick a loan based on the knowledge they will be moving again in just a few years. Step 8: Have the Home Appraised Lenders will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraiser is a member of a third party company and is not directly associated with the lender. The appraisal will let all the parties involved know that you are paying a fair price for the home. Step 9: Coordinate the Paperwork As you can imagine, there is a lot of paperwork involved in buying a house. Your lender will arrange for a title company to handle all of the paperwork and make sure that the seller is the rightful owner of the house you are buying. Step 10: Close the Sale At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. It typically takes a couple of days for your loan to be funded after the paperwork is returned to the lender. Once the check is delivered to the seller, you are ready to move into your new home!
Thanks for watching, and I am so glad you love this video. PLease let me know if there's any other areas/builder you'd like to see for my future video. I appreciate your support.
Good Morning Jennifer, thanks for watching and your feedback. We will upload the extended version again, to show the Laundry, Closet, and Pantry. And we will keep that in mind for future video. A lot of times we skip those areas. Thanks for your feedback, we will improve on the next videos. This specific Toll Brothers Model at SKYLINE was just recently open to the public, and I am so glad able to be able to feature this home in my youtube. Not even the builder has it yet. Keep on watching, and any other feedback will be greatly appreciated.
I have been wrong for the past 4 years....maybe it will this time....but who knows. There are a lot of factors to make the buble burst. But Sacramento market has been very strong, especially right now with a lot of people moving in from Bay Area
Happy Saturday everyone!
I am wishing everyone an enjoyable weekend.
If you are a new or regular viewer to my channel, and enjoy the content, but haven't subscribed yet, please take a quick second now, to Subscribe and Hit the Notification Bell.
By subscribing, you are showing your support for this community and also supporting me to create more videos and property tours for you.
And your support will be greatly appreciated.
As always, thanks for Watching, Liking, and Commenting!
Home Buying Tips :
Step 1: Start Your Research Early
As soon as you can, start reading Web sites, newspapers, and magazines that have real estate listings. Make a note of particular homes you are interested in and see how long they stay on the market. Also, note any changes in asking prices. This will give you a sense of the housing trends in specific areas.
Step 2: Determine How Much House You Can Afford
Lenders generally recommend that people look for homes that cost no more than three to five times their annual household income if the home buyers plan to make a 20% down payment and have a moderate amount of other debt.
But you should make this determination based on your own financial situation. Use our Affordability Calculator to see how much house you can afford.
To help you save for your down payment, try Discover Bank’s AutoSavers Plan, which makes it easy to put aside money each month.
Step 3: Get Prequalified and Preapproved for credit for Your Mortgage
Before you start looking for a home, you will need to know how much you can actually spend. The best way to do that is to get prequalified for a mortgage. To get prequalified, you just need to provide some financial information to your mortgage banker, such as your income and the amount of savings and investments you have. Your lender will review this information and tell you how much we can lend you. This will tell you the price range of the homes you should be looking at. Later, you can get preapproved for credit, which involves providing your financial documents (W-2 statements, paycheck stubs, bank account statements, etc.) so your lender can verify your financial status and credit.
Step 4: Find the Right Real Estate Agent
Real estate agents are important partners when you’re buying or selling a home. Real estate agents can provide you with helpful information on homes and neighborhoods that isn’t easily accessible to the public. Their knowledge of the home buying process, negotiating skills, and familiarity with the area you want to live in can be extremely valuable. And best of all, it doesn’t cost you anything to use an agent - they’re compensated from the commission paid by the seller of the house.
Step 5: Shop for Your Home and Make an Offer
Start touring homes in your price range. It might be helpful to take notes (using this helpful checklist) on all the homes you visit. You will see a lot of houses! It can be hard to remember everything about them, so you might want to take pictures or video to help you remember each home.
Step 6: Get a Home Inspection
Typically, purchase offers are contingent on a home inspection of the property to check for signs of structural damage or things that may need fixing. Your real estate agent usually will help you arrange to have this inspection conducted within a few days of your offer being accepted by the seller. This contingency protects you by giving you a chance to renegotiate your offer or withdraw it without penalty if the inspection reveals significant material damage.
Both you and the seller will receive a report on the home inspector’s findings. You can then decide if you want to ask the seller to fix anything on the property before closing the sale. Before the sale closes, you will have a walk-through of the house, which gives you the chance to confirm that any agreed-upon repairs have been made.
Step 7: Work with a Mortgage Banker to Select Your Loan
Lenders have a wide range of competitively priced loan programs and a reputation for exceptional customer service. You will have many questions when you are purchasing a home, and having one of our experienced, responsive mortgage bankers assist you can make the process much easier.
Every homebuyer has its own priorities when choosing a mortgage. Some are interested in keeping their monthly payments as low as possible. Others are interested in making sure that their monthly payments never increase. And still, others pick a loan based on the knowledge they will be moving again in just a few years.
Step 8: Have the Home Appraised
Lenders will arrange for an appraiser to provide an independent estimate of the value of the house you are buying. The appraiser is a member of a third party company and is not directly associated with the lender. The appraisal will let all the parties involved know that you are paying a fair price for the home.
Step 9: Coordinate the Paperwork
As you can imagine, there is a lot of paperwork involved in buying a house. Your lender will arrange for a title company to handle all of the paperwork and make sure that the seller is the rightful owner of the house you are buying.
Step 10: Close the Sale
At closing, you will sign all of the paperwork required to complete the purchase, including your loan documents. It typically takes a couple of days for your loan to be funded after the paperwork is returned to the lender. Once the check is delivered to the seller, you are ready to move into your new home!
Love Love Love this beautiful home. Toll Brothers is my favorite builder 😍
Me too...I love Toll Brothers home....:))
My favorite home 🏡 by toll brothers
I am with you. I love Toll Brothers too.
I will have a series of Toll Brothers home coming soon on my next videos....stay tuned !! :))
Wow... Gorgeous... I love it 👌👍👍
Thanks for watching, and I am so glad you love this video. PLease let me know if there's any other areas/builder you'd like to see for my future video.
I appreciate your support.
love the big sliding doors to the backyard
That is the signature feature of Toll Brother homes, with the spaciaous loggia (indoor outdoor) living space.
Thanks for watching
Great video! That backyard is stunning!
Thanks for watching Erik. Toll Brothers always showcase the best home
Why in your videos do you not go into laundry room, pantry and closets in guest rooms?
Good Morning Jennifer, thanks for watching and your feedback. We will upload the extended version again, to show the Laundry, Closet, and Pantry. And we will keep that in mind for future video. A lot of times we skip those areas. Thanks for your feedback, we will improve on the next videos. This specific Toll Brothers Model at SKYLINE was just recently open to the public, and I am so glad able to be able to feature this home in my youtube. Not even the builder has it yet. Keep on watching, and any other feedback will be greatly appreciated.
I don't understand why the builders build such beautiful and expensive house but the front door only single door instead double door
The front door is bigger though :))
The housing bubble will be bursting soon .
I have been wrong for the past 4 years....maybe it will this time....but who knows. There are a lot of factors to make the buble burst.
But Sacramento market has been very strong, especially right now with a lot of people moving in from Bay Area
More like nay nay. Define soon.