BuyerGuide

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The Guide toBuying a HomeMakingOfferThePriceTheMove-inDateAdditionalPropertyOnce you have found the property you want, we willwrite a purchase agreement. While much of theagreement is standard, there are a few areas that wecan negotiate:What you offer on a property depends on its condition, length oftime on the market, buyer activity, and the urgency of the seller.While some buyers want to make a low offer just to see if the selleraccepts, this often isn’t a smart choice, because the seller may beinsulted and decide not to negotiate at all.If you can be flexible on the possession date, the seller will bemore apt to choose your offer over others.Often, the seller plans on leaving major appliances in thehome; however, which items stay or go is often a matter ofnegotiation. Typically, you will not be present at the offerpresentation - we will present it to the listing agent and/or seller.The seller will then do one of the following:- Accept the offer- Reject the offer- Counter the offer with changesCONGRATS!YOU'RE APPROVEDFOR A LOAN!Follow these tips toprotect your loan.DO:Notify your lender of any addresschange, whether it's your homeaddress or another listed on yourapplicationNotify your lender of any salaryor wage changesBe prepared to provide proof ofsignificant bank depositsAcquire homeowner's insuranceimmediately after going under contractKeep all forms of debt paidand in checkDO NOT:Make large purchases using existingcredit without first talking to your lenderApply for or acquire any additional linesof creditBy far the most common is the counteroffer. In these cases, my experienceand negotiating skills become powerful in representing your best interests.When a counteroffer is presented, you and I will work together to revieweach specific area of it, making sure that we move forward with your goalsin mind and ensuring that we negotiate the best possible price and termson your behalf.Pay off, transfer, or close credit balancesunless your lender instructs you to do soChange jobs without first talking toyour lenderCo-sign for another person seekingto obtain a line of credit or to make apurchasePay off collections before conferringwith your lenderHAVE-ON-HANDA month's worth of your mostrecent pay stubsCopies of your federal tax returnsand W-2’s from the last two yearsThe names and addresses ofyour employers over the lasttwo years, compiled intoone listLast two months ofbank statementsA copy of your real estateagreementThe names and addresses ofyour landlords over the pasttwo yearsDivorce/separation decreeChild support papersBankruptcy, discharge ofbankruptcy papers
The Guide toBuying a HomeEscrow Process(Based on a 30 day Escrow)Closing 101Own ItTransfer of tle moves ownership of the property from the seller to you. The two events that make thishappen are:Delivery of the buyer fundsThis is the check or wire funds provided by your lender in the amount of the loan.Delivery of the deedA deed is the document that transfers ownership of real estate. The deed names the seller and buyer, givesa legal descripon of the property, and contains the notarized signatures of the seller and witnesses.At the end of closing, the deed will be recorded at the county clerk’s oce. It will be sent to you aerprocessing.The best part is when we give you the keys to your new home!
Page 1 and 2: THE COMPLETEHOME BUYING GUIDEe Laur
Page 3 and 4: MY PROMISERealValueExperienceTo Lau
Page 5 and 6: MY PROMISESenior Real EstateSpecial
Page 7 and 8: The Guide toBuying a HomeMy real es
Page 9 and 10: YOUR DREAM HOMEFinding Your Way Hom
Page 11: The Guide toBuying a HomeMortgage &
Page 15 and 16: FAQ's +Moving ChecklistFrequently A
Page 17 and 18: GLOSSARYHOMEOWNERS ASSOCIATION FEE
Page 19 and 20: MY PROMISEPromisetoTo consistently
Page 21: MY PROMISEPromiseto theCommunityWE

BuyerGuide

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