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5 things real estate buyers need to know

Published on Nov 18, 2015

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PRESENTATION OUTLINE

5 Things Buyers need to know

BEFORE BUYING REAL ESTATE

Sold Property Info and Stats

  • How much do you offer?
  • How do you know you aren't paying too much?
  • How much have recent properties sold for?
  • Find out what other properties are for sale.
  • What are the most accepted financing options?

Review Disclosures

  • Read the Disclosures Carefully.
  • Ask your Realtor if there is anything to be concerned of.
  • Have your Realtor double check information.
  • Do your due dillegence and reference outside reports.
  • Ask your home inspector if the info jives!

Negotiation

  • What things are you going to ask for?
  • Is the seller willing to give you credit?
  • Are the repairs something you can live with?
  • Human Seller or Corporate Seller?
  • Did you get a home warranty?

Your Duties

  • How long are your timeframes?
  • When do you have to remove contingencies?
  • Did you agree to a per diem?
  • Is your Realtor answering questions?
  • Ask your Realtor Questions and demand answers!

Lock the Interest Rate

  • Ask your lender if the rate has been locked.
  • If rates reduce will they adjust the rate?
  • Ensure you are quoted "prevailing" rate.
  • Get a revised Good Faith Estimate from the lender.
  • Don't buy anything on credit or change your profile!

Who we are...

  • The Paris911 Team - 661-400-1720
  • REMAX of Calfornia
  • Each office independently owned and operated
  • 25101 The Old Road, Santa Clarita CA, 91381
  • Connor MacIvor CA BRE# 01238257