Home Buyers

Here are your Keys!!

Buying a new home, particularly your first, can be simultaneously exciting and nerve wrecking. At some point in the process, anyone who has gone through it has experienced these diverging sentiments. Despite even the best preparation, there will likely be a bump in the road to owning real estate.

Before becoming a Realtor, the first home I purchased using an FHA 203K was a single-family at, or slightly above, market value. Not a major blunder, but there was a transaction mistake in the dual agency agreement. This agreement means the realtor works for both the buyer AND the seller, which at times can lead to a conflict of interest. I had limited leverage negotiating repairs and limited confidence when making counter offers. This was just the tip of the iceberg when it comes to stories of both joy and heartache surrounding my first purchase. Nevertheless, today, this home has gone up 25% in value, adding untouched equity to my investment, and now, serving as a rental for college students, it provides me with a monthly cash flow of up to $450.

As your realtor, it’s my duty, service and pleasure to help prepare and guide you through the ever-exciting process of purchasing your new home. I help clients avoid the growing pains I’ve experienced as a Realtor/Investor. Below you’ll find a quick survey that includes key questions that will get us started on the road toward your goal.

Quick tips and steps to take now:

• Based on your experience, read each article and visit each provided link.
• Fill out the home buyer survey.
• Understand purchasing a home is an investment.
• We can provide banking referrals.
• You must have your lending pre-approval letter and/or proof of funding before any showings.

Going Forward Home Buyer Survey

Articles PDF Links

• 7 Reasons to Own a Home
• How To Prepare to Buy a Home
• Vocabulary Transaction Documents
• How To Prepare for House Hunting
• 7 Reasons to Work With a REALTOR (Buyer)
• Timeline for Contract of Sale
• What to Know About the Home Inspections
• The Tax Benefits of Owning
• What to Know About Home Hazards
• Questions to Ask About Property Tax