From Dreams To Realty

·         Buy Now

This is the market that will be the hot topic in a few years. Time and time again you will hear I should have bought back then. It truly is a buyer’s market that the first time home buyer might never see again. You might be trying to time the market bottom and you could get lucky. Or you could be caught behind the 8-ball! Don’t try to time the market. Do you due diligence and you will be sitting in a great position in the future. Right now we have the perfect storm. We have interest rates that are at historical lows that we may never see again, we have a selection of inventory where the first time home buyer has the leverage, and we have home sellers competing against one another to sell their homes. Your have the Home Sweet Home Buyer’s Program™ that is going to educate and guide you through the entire process.

·         Why Now

            It is time to get off the fence and take advantage of low interest rates, great selection, and the $8,000 first time home buyers tax credit that is good until November 2009. The Federal Government has programs for community redevelopment in certain areas and some of these loans don’t have to be repaid or have very low interest rates. FHA rates are at historic lows and sellers want to sell. If your credit scores are good what are you waiting for?

·         Benefits Of Working With A Buyer’s Agent Specialist

           We are Superior Service Certified™ so you won’t have to worry about if you are going to be taken care of. You will get the red carpet treatment from start to finish. No exceptions.

·         Wants, Needs, and Trade offs

           There are things that you absolutely want in your first home. In reality, the chances of getting everything you need and within your budget are probably pretty good in this market. You have to keep in mind that you are looking in a certain price range and having a pool in a first time home isn’t realistic. There are things that you absolutely need. If you have children you probably want them to have their own rooms (at least our kids want their own room). You probably will have grandpa and grandma stay overnight so you will need a spare room. These are needs vs. wants. And here comes the. You have to weight what is most important to you. We call it our lifestyle checklist;

·         Wants

·         Needs

·         Have to Have

·         Tradeoffs

Only your family will know what suits them the best. The Home Sweet Home Buyers Program™ helps you with this.

·         Negotiating Like A Pro

           You have been looking for your first home and now you have located it. Now the negotiating part of the process starts. The first thing you will look at is what the homes have sold for in the area. A comparative market analysis will done on the home we have found for you. Since you are working with a Buyer’s Agent Specialist we are going on a fact finding venture. We will start asking the sellers agent so questions to see the motivation of the sellers. Maybe there are circumstances that they are willing to tell us that we can use in our offer. Now the offer is written. You decide what terms works best for you and we send our offer and copy of the earnest money to the sellers and seller’s agent. The people involved in the negotiating face to face will be the buyer’s agent and the seller’s agent.  The buyers and sellers will be available to keep the process moving forward.  Now one of three things will happen;

·         The offer will be accepted.

·         The offer will be rejected.

·         The offer will be countered.

·         If the offer is countered by the seller, now we have another decision to make.

o        Accept the counter.

o        Reject the counter and we wish them good luck.

o        Counter the counter until we get one of the three possibilities again. We do this until we get acceptance or we reach an impasse and can’t find neutral ground for all parties.

·         Once we have an accepted contract by all parties we enter our final acceptance date and we have a valid contract. All the items that we negotiated come into play including our financing, inspections, items that we agreed to be repaired, and all closing items.                          

·           Know The Difference Between Buying A Lemon and Lemonade

        We need to look at several key points to make sure we are getting the value that we expect. Several key items are;

·         Our Checklist

·         Age of home

·         Location of home

·         Inspection-Did I mention get a home inspection!

·         Economic life of home

·         Look at the home with sellers eyes. What will be used against me when I sell the home in the future?

·           Home Inspection

This is one on the most important things you will do when you are buying a home. This is one area where you must spend money to protect your investment and your family. A home inspection is going to be part of your purchase agreement. You ask for a certain timeframe where you can hire an independent inspector to come in and evaluate a home from top to bottom. An inspection is not looking for cosmetic items (painting, dinged up walls, etc.), an inspection is looking for major items. Is the wiring correct in your breaker box, is there water damage, does the roof need replaced, etc. You want to know of these items before you move in. What if you were to move into your home and then found these items? It is a situation that can be rectified but it takes some work. This is an area where you want to spend money. Think of it as a cheap insurance policy.

·                   Benefits

·         When you use the Home Sweet Home Buyer’s Program™ we want you have added benefits for you. We will have a Senior Loan Officer that specializes in first time home buyers meet with you to make sure our financing is in place from the start. They will know of the special funding options that could be available for you.

·         When we locate the home of your dreams, we will bring in a stager/decorator to help you with decisions that will make your home shine.

·         We will have a local coupon book specific for the neighborhood to keep money in our local economies.

·                                Buyers Frequently Asked Questions/Glossary

·         Some of the most asked questions and glossary terms for the first time home buyer.