Are you contemplating purchasing your new RV Lot? Purchasing an RV lot is stressful for many people. However, with a little up-front planning, it isn't too difficult. I like to give buyers an outline of the entire deal so they know exactly what they can expect. Here are my nine steps to buying a home.

	When you're ready to get started, you can contact me here or send e-mail to Richard@esanow.com. I'm happy to answer questions you have regarding this information.

Step 1 – Prepare to buy you RV Lot

Prior to beginning your lot search, there are a lot of things you'll want to do. When you begin your search, you'll want to form a checklist of items you need, plan for what resort  you'd like to live in, and begin planning your budget.

Step 2 – Get with a real estate professional

This is where I come in. We'll plan a time to get together so we can talk about why you want to buy a home and get an idea of your future plans. We'll discuss the mortgage industry, other economic factors that could affect your buying decision today or in the future, as well as resort you want to call your home away from home.

Step 3 – Begin looking for your RV lot

Following our initial meeting, I'll start finding available lots on the market that are good for you. I'll get a sneak peek of most of the lots and remove the bad ones, and then we'll book appointments to tour the lots when it's convenient for you.

When we tour the resorts, I'll show you the positive features, as well as negative ones. I'll also ask you to point out what things you like and don't like. It's pretty common for buyers to revise their list of must-haves as we tour houses and some things become far more important than others. If such is the case, I'll go back through all the listings once more and trim it down to the resort/lot you've been wishing for.

Step 4 – Understand the RV Resort market
Your agent's knowledge of the RV Resort market is a leading agent in your lot search. And I can assure you I'm informed of all the RV resort in this area, and I will alert you to certain areas are "hot" and call for immediate action and others that are "cool" and allow for cautiousness.

As we tour resorts, I'll be sure to tell you if the list price has room for negotiation or if I believe the lot is "priced to sell." Any real estate agent will convince you they know the market, but beware, and make sure you ask lots of questions. If things don't add up, contact me at 321-223-9043 or e-mail me at Richard@esanow.com, and I'll be more than happy to answer your questions. My market knowledge will help you stay a step ahead throughout the entire process.

Step 5 – Find the resort lot you've been waiting for
I'm confident we'll find your dream lot. When we do, I'll thoroughly develop your lot purchase offer. The offer will be tailored exactly to your needs, including many contingencies. A few examples are obtaining financing, finishing the inspection, and a clean title.

Upon sending in your purchase offer, most likely you'll want to submit "earnest money." This is a cash deposit made to a seller to secure the offer to purchase the property and is most often applied to the cost of closing. If the seller accepts the offer, we should close on the property in as little as 15 - 30 days after.

Step 6 – Negotiate
Unfortunately most deals don't close on the initial offer, and it's pretty common to receive a counter offer. Don't let it intimidate you. We'll figure out whether or not to agree to the counter offer, propose our own counter offer, or reject the seller's offer and move on.

The state of the market will play a part in how aggressively we negotiate the deal. In addition, we'll work within your budget. And when it's all said and done, we'll create a contract that works well for you.

Step 7 – Obtain financing
After we sign the final sales contract, if financing is needed you'll begin working with your lender to close the loan. If you're pre-qualified, it won't be a long process at all, but you'll need to keep in close contact with your lender. And I'll manage all the property information your mortgage lender needs to close the loan.

Step 8 – Close the deal
Your lender will send you a Good Faith Estimate (GFE) of closing costs within three days of receiving your application. You'll get a Good Faith Estimate (GFE) of your closing costs from your mortgage lender within three days of taking your loan application. This estimate rests on the loan amount. RESPA requirements dictate that it has to involve all closing costs and be within a narrow range of accuracy, and I'll go over the estimate and let you know if everything looks okay.

Then it's time to close on your lot. This will likely happen at a title company or escrow office and will most likely be a smooth and easygoing occurrence.

Step 9 – Roll your RV on your new lot

You made it! It's time to roll your RV on your new RV lot. Enjoy it. And if you need anything, make sure you call me at 321-223-9043 or send me an e-mail.