Home Buyer Information
Do's & Don'ts Before Buying A Home
Real Estate Internet Warning:
Despite advertising claims to the contrary, the Internet is not an experienced real estate professional. It cannot consult, counsel, advise, have knowledge of local laws and market conditions, make judgments, own the result, or most importantly, understand your individual goals and needs and care about you as a client.
To obtain an accurate interpretation of any information you are receiving on-line, please contact us.
|
In This Section:
Buyer Advisory
Buyer Services Guarantee
Property Buyer's Checklist
HUD Homebuyer's Guide
Arizona Homestead Statutes
The Home Buying Process
What To Look For When Buying A House
Do's & Don'ts Before Buying a Home
Buyer Advisory
This is a great place to find hot links for researching many different aspects of buying a home.
Buyer Services Guarantee
- BUYER COUNSELING SESSION
We will conduct a buyer counseling session to discuss your needs and goals and plan the search for your property.
- BUYER REPRESENTATION AGREEMENT
We will present and explain to you the representation agreement and the special services and benefits it offers.
- "HOME BUYING" GUIDEBOOK
We will provide you with copy of a Home Buying Guidebook and explain how you can use it as a road map through the home-buying process.
- FINANCING RE-QUALIFICATION
We will offer to arrange a pre-qualification or pre-approval appointment with a reputable lender to identify your range of affordability and to increase your negotiating strength.
- PROPERTY SHOWING
We will show you properties that meet the criteria you have selected.
- PROPERTY EVALUATION
We will discuss the positive and negative features of a property that may affect its value and future resale.
- NEGOTIATION STRATEGY
We will prepare a negotiation strategy for the property you have selected including a written Competitive Market Analysis and advise on the initial price and terms to offer where permitted.
- OFFER PREPARATION
We will prepare a written offer on the property you choose to purchase, with terms approved by you.
- APPRAISAL CONTINGENCY
We will explain to you the option of an appraisal contingency.
- HOME WARRANTY
We will explain to you the option of a home warranty plan to reduce your risk of repair when purchasing a property
- ESTIMATE OF FUNDS REQUIRED
We will provide you with a preliminary estimate of closing costs and down payment requirement anticipated in the transaction.
- REVIEW OF WRITTEN SELLER DISCLOSURE
We will thoroughly review with you the seller's written disclosure statement to enable you to accept or specify the remedy for each fault disclosed. Remedies for any disclosed faults are addressed in the purchase offer.
- BUILDING & TERMITE INSPECTIONS
We will recommend that you obtain professional building and termite inspections
- BUILDING & TERMITE INSPECTION REMEDIES
We will work with you to request the Seller to remedy the items you specify after your review of the building and termite inspection reports as your offer to purchase specifies.
- PROPERTY DISCLOSURE
We will review with you, all inspection reports and other documents pertaining to the condition of the property and disclose all physical defects of the property that are known to me.
- WALK-THROUGH
We will accompany you on a thorough walk-through of the property (if one is provided for in the sale contract) before closing, and We will assist you in dealing with any problems discovered during the walk-through.
- CLOSING THE SALE
We will monitor and inform you of the progress of the purchase agreement, including the satisfaction of all contingencies and conditions during the entire transaction.
- AFTER SALE SERVICE
We will contact you after the closing to follow up on remaining details or service needs.
- SERVICE SATISFACTION SURVEY
We will provide you with a confidential opportunity to give an evaluation of my services.
Property Buyer's Checklist (from the Arizona Department of Real Estate)
- New Homes
- Resale Homes
- Undeveloped Land
HUD Homebuyer's Guide
- Common questions from first-time homebuyers
- Know your rights as a homebuyer
- How much mortgage can you afford
- Create your "wish list"
- Your real estate broker
- Mortgages and home buying programs
- Shopping for a home
- Building a home
- Manufactured homes
- And much, much more
Arizona Homestead Statutes
A $100,000 homestead exemption is automatically put in place when you purchase a home.
The Home Buying Process
If you're serious about buying a home, whether it's your first home or your family's dream home, all you need to do is give us a call.
When it comes to working with buyers, we use a simple and guaranteed-painless five-step system. Our goal is to make the process as simple and effective for you as possible
STEP ONE is for us to sit down together and discuss your alternatives. We'll set an appointment to have an informal, relaxed, person-to-person discussion about what it is you're looking for in a home, and just as important, what you're not looking for.
Then we'll go to STEP TWO, which is evaluating your purchasing capacity, and determining the right kind of financing package for you. This is a pain-free process! The reason we do this before we look at homes is that many times we can save you time, and eliminate properties that don't fit your purchasing parameters. In addition, by going through this pre-qualifying step, you'll be in a better negotiating posture when we do find the home you are looking for.
In STEP THREE, we'll actually go look at homes, which we've selected together with the aid of state-of-the-art computer information. We can even send you pictures and descriptions of the homes to your e-mail address for you to review at your leisure. The home buying process should be fun, like the ultimate shopping trip, and should include everyone in your family if possible.
Because we take the time to listen carefully to your wants and needs in advance, finding the perfect home will not take as long as you might think. In fact, it shouldn't take us more than a day or two at the most.
In STEP FOUR, once we've found the perfect home, we'll answer all your questions and give you all the specific details that you need to make a decision. Then we'll negotiate the purchase with the seller.
When we have reached a fair purchase agreement, we can go to STEP FIVE and actually transfer ownership of the home to you, and get you comfortably moved in.
There are many details involved in getting the sale closed, and it requires a great deal of communication with a lot of people. Our role during this step is to see that all these details are handled quickly and professionally on your behalf.
Yes, purchasing a home is a big undertaking, but it doesn't have to be a hassle, especially when we work together through the process. Should you decide that you'd like to purchase a home, you can count on us to handle all the details, from home inspection to termite inspection to home warranty to financing to title insurance and more. Throughout the entire process, we'll work at your pace, and you'll be making all the decisions.
If you're serious about buying a special home, at a special price, maybe we can make a suggestion that will save you a lot of time: Don't waste your time searching through ads. On any given day, only a small percentage of all the available properties are being advertised, so you really can't get the full picture. And the really special homes are often not advertised at all.
Instead of making that mistake, why don't you give us a call? We'll sit down together and find out what you're looking for. And when that special home is available, you'll be the first to know about it.
There are a lot of ways to go about finding a home, but by far the best way is to give us a call, tell us what you want, and let's take it from there. It really is a no hassle proposition, and all you need to do is call.
And even if you're not quite sure you're ready to purchase a home right now, we invite you to give us a call. You'll find by working together on a direct basis, you'll have a better chance of finding that one special home you're looking for in the future.
What To Look For When Buying A House
So you found the "perfect" house? That's good. Now let's see if it's a safe place to live. Let us help you research:
- The property's sales history
- The subdivision's sales history
- The neighborhood's sales history
- Seller's Property Disclosure Statement form
Then, be sure to read the Buyer Advisory:
http://www.aaronline.com/documents/buyer_advisory.aspx
This is a great place to find hot links for researching many different aspects, such as:
- Termites
- Flood plain areas
- EPA SuperFund sites
- Home Owners Associations (HOA) & CC&R's (the HOA rules)
- Schools
- Lead Based Paint
- Crime Statistics
- Soil & Land Issues
- Mold
- Radon Gas
- HUD environmental concerns/hazardous waste sites
- Sex offenders
- Builder License & Complaints Info
- And more
What You Can Do On Your Own…
- Drive by the property at different times of day
- Look at the neighborhood
- Talk to the neighbors
|
