There are some simple steps that home buyers often miss when looking for their new home. Taking the time to consider these steps can save you thousands of dollars, but more importantly, can smooth the process of buying a new home, saving time and money, as well as alleviating stressful situations in advance.
- Begin
by being up front and honest with your REALTOR and lender about your credit
history. Your credit, whether good
or bad, affects everything from your down payment to your interest rates. Your REALTOR or a professional mortgage
consultant can often advise you as to how you can get credit problems
cleared up or completely eliminated from your credit report before
you apply for financing or make an offer on a new home.
- Getting
pre-qualified for a loan by a professional lender before you begin your search
for a new home will allow you to know in advance exactly what kind, and
how much, mortgage you can afford.
This makes it possible for you to make an offer on your new home
with confidence that enough funding is available.
- If
the seller does not offer a home warranty on the house you want, ask your
REALTOR to make it a part of the written offer that you make. A home warranty can save you thousands
of dollars in repairs, and can often be obtained for a very nominal annual
fee. A standard warranty covers the
electrical, plumbing, heating and air conditioning systems as well as
major home appliances.
- Ask
your REALTOR for a market analysis of the home, in comparison to similar homes
in the neighborhood or throughout the city, before you make an offer. A home is not just a place where you
live – it is also an investment.
Take the time to view several homes before you make an offer so you
know exactly what is on the market.
Be certain you are making a wise investment.
- Make
your offer contingent upon a home inspection and ask the seller to make the
required repairs. Hire a
professional to inspect every aspect of the home thoroughly. This can save you thousands of dollars
in costly repairs and many headaches in the future. A good inspection can also allow you to
negotiate for any repairs prior to closing. If the seller is not willing to make the
necessary repairs, remind them that the lender will also require the home
to be in good condition before they make a loan for the purchase.
- Take
into account your present homeowner or renter status. If you already own a home and must sell
it before you buy a new one, it is best to get a REALTOR to do a complete
market analysis on your present home.
This allows you to know how much you can sell your current home for
before you make an offer on a new one.
If you are leasing or renting, the lease’s expiration date will give
you a timetable for your new purchase.
Review this with your REALTOR well in advance of when you want to
move.
- Choose
your agent wisely. Working with a full-time professional real estate agent is a must.
Ask questions of your agent. Find
out how knowledgeable he or she is about houses currently for sale in your
price range and also of houses that have recently sold. Can your agent recommend a good lender
that has the reputation of excellent customer service and low rates? Does your agent ask questions of you to
have a full understanding of what you are looking for and to help you get
the most home for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have
questions, need advice you can count on or just want to discuss this further?
Don’t
waste any more time; pick up the phone and call me now! I’m here to help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
Buying a home is a great investment, possibly the largest investment you will ever make, so it seems logical that you would want to invest your money wisely when the time comes to purchase a new home. The following report will tell you simple but often-overlooked procedures that will allow you to maximize the dollars you spend on your new home.
Most homebuyers have two primary
considerations when they start looking for a home. First, you want it to meet your needs and
desires, and secondly, you want to get the best buy possible to obtain your new
home. Successful homebuyers emerge from
a sale with the features they want in their new home at the best price
available in the market.
For starters, you must know what you
are looking for in a home. You must have
a list of needs as well as a list of desires, but be sure when choosing the
actual home that you go with the one that fulfills most of your needs. It is not uncommon for someone to start out
with very specific needs and wants but fall in love with a home offering
different features. Ideally a house will
come along that has all of your needs and desires, but sometimes that doesn’t
occur. Be careful not to get caught up
in the excitement of home shopping and end up with a home that is not as close
to perfect as possible.
You should be pre-approved for a loan
by a professional mortgage lender. By
understanding what you can afford, you will not spend time looking for homes
that are out of your price range. You
also need to understand the various financial aspects of the sale, from whether
to spend more up front or make a smaller down payment and work with a larger
loan. There are several costs to
consider in the process
of buying a home. Your REALTOR can
recommend a reputable mortgage lender who has the reputation of providing
excellent service and good rates.
Choose your Agent wisely. Any agent will show enthusiasm and
will want to help you locate your new home; they need
A. Experience at assisting buyers in
locating the best home.
B. Ability to use technology to search
the market thoroughly.
C. To review with you comparable home
sales in the area you choose.
D. Information pertaining to new homes
coming on the market that other agents do not
know of.
Working with a full-time professional
real estate agent is a must. Choose your agent by asking questions of him or her. Find out how knowledgeable they are about
houses currently for sale in your price range and also of houses that have
recently sold. Can your agent recommend
a good lender that has the reputation of excellent customer service and low
rates to assist your new buyer with financing?
A good listing agent can get your house sold quickly at TOP DOLLAR
and help you find a new home.
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can
count on or just want to discuss this further?
Don’t waste any more time; pick up
the phone and call me now! I’m here to
help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
If you are looking to buy a new home but think you either don’t have the money saved up to afford a down payment or you don’t want to liquidate all your current assets, there is a way around this dilemma. This report will inform you of ways you can purchase a home with no money up front.
If you find yourself caught in the
endless cycle of paying your landlord’s mortgage, why not take the time to
examine what it would be like to build your own equity in a home and stop
paying rent? The general perception of
many potential homebuyers is that a substantial down payment is required in
order to get you into a new home. It
doesn’t have to be this way. Because of
this notion, many people believe they must save for years and years before they
can qualify for a home loan. In the
meantime, these people are paying for the real estate owned by someone else.
The Federal Housing Administration
(FHA), or the Veterans Administration (VA) and many other government programs
or grant programs are available for homebuyers with zero or little down.
Hundreds of thousands homebuyers are realizing their dream of home ownership
every year, and you can too.
A good real estate agent can tell you about existing lender and government programs that can get you into a new home with no money down. With a zero down payment program, you can begin to move into a home immediately and build your own equity. Qualifying for these zero down payment programs can be much easier than you think.
First, you need an excellent credit
history. You should have no recent
history of bad debts, and be able to prove that you can make consistent and
timely payments on any current liabilities.
You will be required to disclose all of your current liabilities in
order to determine how much more mortgage you can qualify for. Liabilities will include such things as car
payments and credit card debts. If those
are paid off, the better loan you can get.
You must have at least three years of
stable employment. This is either proof
of employment for the past three years or financial statements for the same
time if you are self-employed.
You will also need to be able to
demonstrate that you can afford the taxes, insurance, and utilities that come
up front on your home purchase. This
will vary depending on the amount of your home purchase.
Under the terms of a zero down
payment program, there will be several types of homes that you can get
into. These properties include
single-family homes, townhouses or condominiums. It is important to note that not all homes
will qualify for the zero down payment program.
An experienced and knowledgeable REALTOR will know what properties in
your area can qualify under these programs and can assist you in finding the
home that is right for you.
Buying a home with no money down can
be an easy process. Consider the benefits of getting into a home that is
yours and building equity every month, instead of renting and not having
anything to show for it in the end.
Plus, the interest you pay on your loan is a tax deduction. The appreciation in value of real
estate is the basis of more wealth in this country than any other. Investment example: a $400,000 home that
appreciates 10% is $40,000 equity in just one year, $44,000 in the second year
and so on.
Choose your agent wisely. Working with a full-time
professional real estate agent is a must. Ask questions of your agent. Find out how knowledgeable he or she is about
houses currently for sale in your price range and also of houses that have
recently sold. Can your agent recommend
a good lender that has the reputation of excellent customer service and low
rates? Does your agent ask questions of
you to have a full understanding of what you are looking for to help you get
the most home for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can
count on or just want to discuss this further?
Don’t waste any more time; pick up
the phone and call me now! I’m here to
help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
You’ve signed the contract and are
looking forward to moving into your new home, but there are a few steps that
cannot be overlooked. By following these
easy steps, you will ensure yourself a smooth move into your new home.
First, get the home inspected. Arrange a time to return to the property for
the inspection, typically a few days after the contract has been signed. A professionally licensed inspector will
accompany you through the home and point out repairs or discrepancies if they
exist. The seller will then be notified
of these problems and will usually agree to take on the repairs.
Set up an appointment with your mortgage consultant and be
prepared with the following financial statements: W-2 forms or signed tax forms for the past two
years, copies of your most recent bank statements (current and consecutive for
at least two months), copies of your most current pay stubs or proof of income
if self-employed. Be prepared to pay an
appraisal fee at this time if you have not already done so.
Work with your real estate agent to choose
a title or settlement company for you and provide them with the necessary
paperwork. The settlement company has
the responsibility of making your transaction legal. They will do the title work, examine the
survey, prepare mortgage documents and all the necessary closing
paperwork. After the settlement, they
will prepare packages for your mortgage lenders, accounting and title
insurance, life documents with the county, and release escrow.
You will need to provide proof of homeowner’s
insurance at this time. You have the
right to choose your own insurance company.
If you have not selected one, work with your real estate agent for a
referral to a reputable company.
Obtain certified funds for the settlement. The title company will be able to tell you a
few days in advance the exact fees that will be due.
Conduct a final walk through of the home. Be sure to note any discrepancies from the
home inspection that has already been completed. By taking the time to go
through this process in a detailed and timely manner, your transition into your
new home will be easy and stress-free! Now is also the time to transfer all the
utilities into your name.
Choose your agent wisely. Working with a full-time real estate agent is
a must. Ask questions of your agent.
Find out how knowledgeable he or she is about houses currently for sale
in your price range and also of houses that have recently sold. Can your agent recommend a good lender that
has the reputation of excellent customer service and low rates? Does your agent ask questions of you to have
a full understanding of what you are looking for to help you get the most home
for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can count on or just
want to discuss this further?
Don’t waste any more time; pick up the phone and call
me now! I’m here to help!
I appreciate you as a client and a friend. I appreciate
your business, your loyalty, trust and your referrals. It is my goal to provide
the very best counsel, advice and service possible for your real estate needs.
If I may ever be of assistance to you, a relative, friend or co-worker please
don’t hesitate to call me. I look forward to the opportunity to serve you.™
Buying a
new home can be an exciting time, whether it’s your first home or
your fifth. However, your savings, your
credit rating, and your financial freedom are all on the line when purchasing a
new home. You want to feel comfortable
when it is time to sign on the dotted line and feel good about the home you are
about to purchase. It’s important not to
let your emotions cloud your judgment when you set out to buy what is most
likely the largest single item of your life - your new home.
Before you get
to actually looking at homes, take the time to establish your
needs and wants. Make a careful
assessment of what you absolutely must have in your new home compared to what
would just be nice. Be as specific as
possible when determining your needs prior to purchase. It will save you much time and concern to do
this before looking rather than getting into a new home only to discover that
it doesn’t meet your needs.
Determine
how much you can afford in a home loan and get pre-approved. Set up a budget for monthly payments and be
realistic. By assessing your financial
situation and getting pre-approved, you can be certain that when you select a
new home, you will have the financial backing to get you in as quickly as
possible. When considering the purchase
of a home, don’t just look at your current financial status. You will probably be in this home for years,
and many things can change. Take your
future into account as well, looking at such things as job changes and a
growing family.
Once you
begin the process of searching for a home, don’t let emotions cloud
your judgment. Just because a house has
a nice lawn or some interesting architectural features doesn’t mean it is the
perfect one for you. While it is
important to consider the aesthetics of a property, consider that much of what
you see can be changed. Never judge a
house by how the current owner has decorated.
Most likely, whatever is inside the house will be gone when the seller
leaves, and it will be up to you to paint and decorate.
Take the
time to view several homes. This doesn’t
mean look at every house available on the market, but look at enough properties
to get a good feeling that you aren’t just making an impulse buy. When you find the right home, all the work
you do in this process will pay off.
Once you
have selected a home that you feel is right, inspect it
thoroughly. Be sure the home is
inspected by a professional home inspection company, and go over that report
with a fine-toothed comb. By taking the
time to do this before making the purchase, you can save yourself an endless
amount of stress after the fact. Don’t
take anything for granted. There are
many pitfalls that can surface during the process, and it’s vital that you take
care of these problems before you move in.
When inspecting your home, check for working utilities so there are no
surprises later on. Check out all costs
and expenses before you sign anything.
Taxes, insurance and homeowner dues may appear, and you need to know all
of them. Ask as many questions as
possible and be very conscious of details.
Use your
home-buying team as much as possible.
Align yourself with the right real estate professional and you will have
an entire team of reliable lenders, title representatives and home inspection
companies available to you. Each of
these people should work hand in hand with you and each other for your benefit.
Be sure to
do a final walk through once all the previous owner’s furnishings have been
moved to be sure of no surprises. Be
absolutely positive the property is in exactly the same condition that you
agreed upon in the contract. Things that
could not have been spotted before are often unintentionally overlooked.
Plan for
flexibility. Closing dates are not
carved in stone. Allow for certain contingencies
and always have a back-up plan in the event that delays occur. These types of circumstances are not at all
uncommon in real estate transactions, so it is important that you are prepared
for them.
Any and all
promises and agreements must be written.
If it is not in writing, then assume that it doesn’t exist. Even the best of intentions can be
unintentionally misinterpreted, so take the time with your REALTOR to be
certain that all agreements have been signed on paper.
Remember,
your team will work best for you if you are honest and up front
with them. Take the time to select the
right team of professionals to get you into your new home and do everything
possible to make this an enjoyable experience.
They will return the favor by getting you into your new home as smoothly
as possible.
Choose your
agent wisely. Working with a full-time professional real estate agent is a
must. Ask questions of your agent. Find
out how knowledgeable he or she is about houses currently for sale in your
price range and also of houses that have recently sold. Can your agent recommend a good lender that
has the reputation of excellent customer service and low rates? Does your agent ask questions of you to have
a full understanding of what you are looking for to help you get the most home
for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have
questions, need advice you can count on or just want to discuss this further?
Don’t waste any more time; pick up the phone and call me now! I’m here to help!
There are many financial and
personal reasons why you should own
your own home rather than rent. The
obvious reasons include pride of ownership, building your own equity instead of
someone else’s, no more landlords, and of course the tax benefits you
reap. There are a multitude of other
reasons why owning your own home can make your life better.
One of the most overlooked reasons for owning a home is the freedom you get once you
have achieved this major goal in life.
Many first-time homebuyers find that once they have bought a house, many
other aspects of their personal life seem to fall in place. The security and piece of mind that come with
home ownership is a great accomplishment in many people’s lives, and once they
have overcome the obstacles, they find that other goals they had set out to
achieve become much easier to attain.
There is a great sense of belonging to the community once you own a home. You begin to feel more attached to the city
and its people. You will find yourself
more involved with community events - what is happening with the schools, roads
and shopping centers in your area. Some
new homeowners find themselves getting into local politics in order to create
better surroundings, which is something renters seldom do.
Home ownership is a strong anchor
for your life. You have something that represents a strong
commitment and a sense of stability.
Again, the aspect of freedom comes up - you won’t have to worry about a
landlord telling you it is time for you to move, your children won’t have to
worry about whether they will have to change schools, and you are blessed with
the ability to plan for the future.
By owning a home, you will find yourself in more control of your
immediate surroundings. You can change
things and decorate to your tastes, and not be limited by the standards of a
landlord. You do not have to seek
someone else’s approval if you decide to remodel or alter the landscaping. Your home truly is your castle.
If you have children, you will find that they feel more secure when coming
home to a house that is not owned by someone else. There are no worries that they will be
suddenly forced to change schools and reestablish their lives at the decision
of someone else. You can also get to
know your neighbors, and if they have children, lifelong friendships can be
formed because everyone knows that they will be around each other for years and
years.
One final aspect that cannot be
overlooked is the pride that you feel
when you own your own home. You have
proven to yourself that you can achieve monumental goals and can give your
family the security it needs to move forward in life. Once you have built up equity in your first
home, you can leverage your equity to purchase a nicer home later.
Choose your agent wisely. Working with a full-time
professional real estate agent is a must. Ask questions of your agent. Find out how knowledgeable he or she is about
houses currently for sale in your price range and also of houses that have
recently sold. Can your agent recommend
a good lender that has the reputation of excellent customer service and low
rates? Does your agent ask questions of
you to have a full understanding of what you are looking for to help you get
the most home for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have
questions, need advice you can count on or just want to discuss this further?
Don’t waste any more time; pick up the phone and call me now! I’m here to help!
Anyone who has ever had a bank account, mortgage, credit card, car loan, or account with a retail store will invariably have a credit rating. Most information in your credit rating comes from companies you have credit with, as well as from certain public records such as tax liens, bankruptcies, judgments and lawsuits. It is important to know and understand your credit rating, how the information is compiled, and how it affects your ability to acquire a loan for your new home.
Credit reports are usually divided into five sections:
1.
Your credit history.
2.
Who has reviewed your credit history.
3.
Information you have provided for the credit company.
4.
Specific identification information about you.
5.
Explanatory notes and comments.
Different states have different requirements and it is important that you check on what applies to you. There are three major credit-reporting agencies, Trans Union, Experian and Equifax.
Your
REALTOR can recommend a reputable mortgage lender who has the reputation of
providing excellent service and good rates.
This lender will be able to immediately pull your credit report for your
review and can make recommendations of how to make it better. The better your credit score, the higher your
credit rating will be.
Choose your agent wisely. Working with a full-time professional real
estate agent is a must. Ask questions of your agent. Find out how knowledgeable he or she is about
houses currently for sale in your price range and also of houses that have
recently sold. Can your agent recommend
a good lender that has the reputation of excellent customer service and low
rates? Does your agent ask questions of
you to have a full understanding of what you are looking for to help you get
the most home for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can count on or just
want to discuss this further?
Don’t waste any more time; pick up the phone and call
me now! I’m here to help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
Self-employed borrowers present one
of the most challenging areas of mortgage underwriting. Qualifying self-employed people often
requires time, energy, and patience. A
fair and honest qualification requires a special set of skills.
Most mortgage companies underwrite
their loans based on guidelines established by the Federal National Mortgage
Association (Fannie Mae), the Federal Housing Administration (FHA), or the
Veterans Administration (VA). These organizations
share similar underwriting guidelines for self-employed borrowers. Additionally, some lending institutions have
non-standard sources to draw upon for the purpose of making loans available to
those who do not fit into specific guidelines.
Generally, there is a standard set of
guidelines that pertain to employment and income. They include:
- Two
or more years of self-employment.
- Owning
25 percent or more in a business.
- A
two-year minimum average income.
This is done to even out fluctuations common to self-employed
borrowers.
- A
positive overall economic outlook in the area for the particular business
you own.
- No
significant decline in income over the period analyzed.
Self-employed borrowers are generally
evaluated along similar guidelines that salaried borrowers are by determining
if the borrower has sufficient income to support the mortgage payment and a
willingness to repay all debt provided on a credit report. However, the methods used in the analysis of
the self-employed borrower’s income are different.
Most of the time a salaried
borrower’s gross salary is used for qualification. This method is not adequate for the
self-employed because the daily operation of the business must be supported by
gross receipts along with income to the owner.
This requires analyzing the borrower’s federal income tax returns and
other schedules, depending on the type of business, to determine net income.
The growth, viability, and stability
of the business field is also taken into account in determining the ability of
the borrower to meet ongoing obligations.
The length of self-employment time and overall experience in the field
must also be considered. Because of the
subjective nature of underwriting these loans, it is important for the borrower
and the lender to put together a narrative along with documentation to support
the income claim needed for the transaction.
There are several new loan programs
available today for the self-employed.
Lenders do their best to qualify people with the lowest rates and lowest
down payments. They also attempt to
complete the transaction with the fewest verification documents. Most loan programs have the same requirements
for different types of self-employment.
Programs are available for first-time buyers, move-up buyers, or
investors regardless of their employment.
However, some loan programs will be more strict for self-employed
individuals.
If a borrower can’t qualify because
tax write-offs decrease his new income too much, a problem common among
self-employed borrowers, lenders will then look to see if the borrower has
enough independent income to pay the mortgage and other debt obligations. They will carefully inspect tax returns and
check to see any possible way to get a self-employed businessman into a new home. Generally, two years of tax return history
will be analyzed to account for fluctuations and track income patterns. Simple common sense is often a prevailing
factor when reviewing these documents.
As for newly self-employed
applicants, they represent a special situation.
Verifying previous employment history to determine a track record of
skills, length of employment and work environment can be taken into
account. Previous income helps establish
the financial history, as well as indicates whether the move to self-employment
represents a logical process or a complete departure from an established
profession.
There are some things to keep in
mind. If the borrower recently had a bad
year but had previous successful years, qualification is still possible. One bad year may be the result of a divorce,
death, or medical illness. Provided the
business had been previously successful, don’t assume that you can’t be
qualified.
As a self-employed borrower, you must
be willing to spend the time to work with an agent and a mortgage consultant
specific to your situation. Careful
scrutiny of tax returns will be necessary and meetings will be done
person-to-person - not over the phone.
The process may be a little more involved than a typical home loan, but
the extra work will ultimately result in the most important part of the
purchase - getting you into a new home.
Choose your agent wisely. Working with a full-time
professional real estate agent is a must. Ask questions of your agent.
Find out how knowledgeable he or she is about houses currently for sale
in your price range and also of houses that have recently sold. Can your agent recommend a good lender that
has the reputation of excellent customer service and low rates? Does your agent ask questions of you to have
a full understanding of what you are looking for to help you get the most home
for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can
count on or just want to discuss this further?
Don’t waste any more time; pick up
the phone and call me now! I’m here to
help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
A real estate buyer’s agent represents the consumer who is purchasing a property in the transaction. This agent owes full responsibility and loyalty to the homebuyer. He or she has solely the buyer’s best interests in mind throughout the entire transaction process. The agent is compensated by the buyer through a negotiated fee or in some states by the commission based on the selling price of the property. It is important for the consumer to discuss the buyer agent’s compensation and for the parties to agree to terms with a written contract prior to viewing properties. This agreement should detail the responsibilities of both parties throughout the process of buying a home. It should be noted that in some states legislation has been enacted to protect the buyer to the point that without a written agreement, the agent represents a seller throughout the entire transaction. Be sure to consult your real estate agent for complete details when you first start the search for purchasing any real estate property.
There are many benefits to using a
buyer’s agent. These agents will:
- Evaluate
the specific needs and wants of a homebuyer and locate properties that fit
those specifications.
- Assist
the buyer in viewing properties and either accompany the client on the
showings or preview the properties on behalf of the client to insure that
the identified specifications are met.
- Research
the selected properties to identify any problems or issues to help the
consumer in making an informed decision prior to making an appropriate
offer on the property.
- Present
the offer to the seller’s agent on behalf of the client.
- Negotiate
on behalf of the buyer to help obtain the property at the best possible
price.
- Review
and explain all legal documents to their clients.
- Recommend
and assist in securing adequate financing.
- Provide
a list of potential qualified vendors such as movers, attorneys, home
inspectors, etc.
Most importantly, when working with a
buyer’s agent, the homebuyer will know and trust that they are fully represented
throughout the entire transaction process.
Choose your agent wisely. Working with a full-time
professional real estate agent is a must. Ask questions of your agent.
Find out how knowledgeable he or she is about houses currently for sale
in your price range and also of houses that have recently sold. Can your agent recommend a good lender that
has the reputation of excellent customer service and low rates? Does your agent ask questions of you to have
a full understanding of what you are looking for to help you get the most home
for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can
count on or just want to discuss this further?
Don’t waste any more time; pick up
the phone and call me now! I’m here to
help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
Moving into a new home can be one of the most stressful situations that a person can endure, so it is vital that you find ways to make the transition as easy as possible. There are two distinct types of stress that one faces when changing homes. First, there is the financial aspect of the move. Finding the right home at the right price, negotiating the purchase with a seller, filling out the lengthy paperwork involved, and handling the escrow can all take its toll. Then there is the emotional aspect of the move, and this is often where the greatest amount of stress is felt. A competent and professional real estate agent can make the financial steps of the process easy, but if your emotional needs are unfulfilled, you may find yourself tired and frustrated and not acting in your own best interest.
It’s important to begin with the end of the process in mind. When you know the exact result you want to end up with, the process of getting there becomes much easier. Take the time to analyze how your life will be once you have moved into your new home and how it will be better than your current situation. Take the time to write out the improvements to your life and keep this with you at all times during the transaction. Having a physical copy of your goal will energize you to achieve it, regardless of any setbacks. This will be an emotional anchor that can keep you mentally in place.
Be flexible throughout the process. Allow
yourself financial peace of mind by overestimating the costs. Many things can happen between the time you
begin looking for a home and closing the sale.
Hidden costs, problems with the inspection, or fluctuating interest
rates can all pop up at any time during the transaction. By allowing yourself flexibility, you can
compensate for sudden changes that otherwise might bring a halt to the
process. If you anticipate and prepare
for these problems, you can avoid getting angry or frustrated when things don’t
go exactly as planned.
A good REALTOR can review the
step-by-step procedure in purchasing a home. Trust the process and stay
focused on your ultimate goal of home ownership and you will find the process
will go smoothly. Trust that your agent and the team they have assembled are
working in your best interests.
Work with people who are willing to
educate you on every step of the process.
The more knowledge you acquire when buying a new home, the more at ease
you will feel. Understanding that things
don’t always go exactly according to the original plan is key, so take the time
to learn about the step-by-step procedures. Have confidence in your REALTOR and
yourself. Ask every question on your
mind, no matter how seemingly insignificant it is. When buying a new home and moving, there are
no stupid questions.
Sometimes, the best way to remedy a
situation is to remove it from your mind completely for a little while. Seek out a form of entertainment that you
know relaxes you and embrace it. Maybe
you like to play a sport or watch movies.
Use your hobbies and enjoyable pastimes to relieve your stress.
Moving can be especially hard if you
have children. For adults, living in a
home for a few years represents just a small portion of their lives, but
children who have lived in a home for most or all of their lives will face a much
more difficult time when changing homes.
Even just those few years represent a much larger portion of a child’s
life.
Familiar things such as friends,
schools, the streets where they played and the shops they were accustomed to
visiting will be changing. Everything in
their home will be new. The impact on a
child starts the first time they hear about moving and can be very
uncertain. It is important to include
your children in as many aspects of your new home as possible. Instead of just letting them decorate a new
room, take them to the store and let them help choose new paint or carpet, the
decorations, and whatever else that will give them the opportunity to feel like
the new house is really a home.
Teenagers can have a hard time if they
have an established life in high school, especially when they have close
friends or a boyfriend/girlfriend.
Teenagers already view themselves as adult members of the family, so be
sure to treat them as such. Expect that
your kids may be even more distressed after the move when they must restart
their lives from scratch. Give your
teenagers a long distance allowance to keep in touch with those they left
behind, but also encourage them to join as many clubs and sports at school as
possible in order to build a new life with new friends and a new environment.
There are so many different ways that moving can be stressful on both you and your family, it is important to take the time and steps necessary to make the transition as easy as possible. Remember, the most important part is that you are starting a new life filled with new possibilities and opportunities. By making the most of these opportunities, you can have a successful move for you and your family.
Choose your agent wisely. Working with a full-time professional real estate agent is a must. Ask questions of your agent. Find out how knowledgeable he or she is about
houses currently for sale in your price range and also of houses that have
recently sold. Can your agent recommend
a good lender that has the reputation of excellent customer service and low
rates? Does your agent ask questions of
you to have a full understanding of what you are looking for to help you get
the most home for the money?
Thank you for requesting a copy of
this “FREE REPORT”
For prompt, courteous, professional
service, call (Rick Tebbe):
Office: 1-937-435-2611
Direct: 1-937-474-5334
Visit my web site at: www.WPAFBHOMESONLINE.COM
Have questions, need advice you can
count on or just want to discuss this further?
Don’t waste any more time; pick up
the phone and call me now! I’m here to
help!
I appreciate you as a client and a friend. I appreciate your business, your loyalty, trust and your referrals. It is my goal to provide the very best counsel, advice and service possible for your real estate needs. If I may ever be of assistance to you, a relative, friend or co-worker please don’t hesitate to call me. I look forward to the opportunity to serve you.™
Richard Tebbe