Thanks for coming to view my buyer presentation. When we meet, I will detail the examples of how I have helped others find a home, negotiate for them, and buy a property.
Below are the steps in this presentation. At the top of each section there is are arrows to jump to the previous or next section.
Will keep your best interests first and keep you safe
Thru advanced studies and experience, achieved most prestigious designations: CRS - Certified Residential Specialist ABR - Accredited Buyer Representative
CIPS - Certified International Property Specialist SRES - Senior Real Estate Specialist GRI - Graduate of the Realtor Institute ePro - internet and tech savvy Prior to real estate was a corporate executive with a successful 23 year career.
Full-time agent ensures smooth and successful transaction
Integrity to earn your trust & help you make sound decisions
An objective advisor for every step of your transaction
An effective and skilled negotiator to get you the best price
Lets your agent know that you are serious about purchasing
Proof that any financial issues determined by your lender have been resolved, which places you at a better negotiating position
One less contingency that you will have in your contract
It eliminates doubt in YOUR mind about the solidity of your financial ability to purchase
Lets you know exactly your price range
Gives your lender the ability to confirm with the seller's agent that you are fully approved without conditions
There may be a difference between what you will get approved for and what you feel you can afford.
You will have to determine what is comfortable for you as far as a sales price and total monthly payment.
Keep in mind that the monthly payment includes principal, interest, taxes, and insurance (PITI). Association fees will be added as well. You should also consider ongoing maintenance.
Lastly, you will need to consider where you are in your income lifecycle. This is especially important if you expect your income to continue to rise, remain flat or decline.
Once your agent delivers the purchase offer, the seller has three options:
Accept the offer
Reject the offer
Make a counter offer
Once all parties have agreed and signed, you have a Ratified Contract, which is a legally binding agreement
If you are purchasing a condo or a home within a homeowners association, you will receive a disclosure packet prior to settlement.
This will outline the rules and regulations within the community, the financial status of the association, and will contain points of contact should you have additional questions.
It is your responsibility to review these documents to help you obtain information about your new community and how it is governed.
You will have a few days to review the disclosures, and either rescind the contract in writing, or by default continue.
You should definitely have a home inspection. The purpose is to make you aware of any defects that may exist before you settle on your new home. If your contract is contingent on a home inspection and you find defects, the following options are available to you:
the seller will remedy all of the items noted
the seller will extend you a monetary closing cost
credit in lieu of the repairs
the seller will choose not to remedy any defect, in
which case you can void your contract, or you can
proceed having full knowledge of the home's condition
Use the home inspection to inform you of possible defects only. Cosmetic issues are not a consideration at this time. These things you can change at your leisure to suit your tastes. Major items of concern are:
Foundation, roof, and overall structural integrity
Electrical & mechanical operation
Discuss these major items with your inspector to help you determine how you should proceed with your contract.
This is conducted prior to closing. The purpose is to make sure that the home is in substantially the same condition as when the contract was written, and to make sure that all agreed home inspection items have been corrected.
At closing, ownership is transferred, monies are collected, and keys may be delivered. The settlement agent will ensure that all of the terms of the contract have been met. Also, the agent will review your loan documents with you. Any walk-thru issues will be remedied by the seller, or negotiated.
