1. MY SERVICES AS YOURBUYER AGENT RE/MAX SOUTHERN SHORES 2. SERVICES YOU CAN EXPECT: SEARCH & IDENTIFY PROPERTIES ASSIST WITH PREAPPROVAL PROCESS ( if financing) PREPARE OFFER CONTRACT PROVIDE COMPARABLE PROPERTIES FOR REVIEW NEGOTIATE ON YOUR BEHALF WALK YOU THROUGH FROM CONTRACT TO CLOSING HOME INSPECTION APPRAISAL CL-100 FINAL WALK THROUGH UTILITIES 3. As a potential Buyer, you really want your interests represented: agent will negotiate hard on your behalf, focus on services that benefit you, knowledgeable about the things that are important to a Buyer,You need a Buyers Agent to work with and for you!Sure, any agent can ride you around and show you homes. But, if you wantrepresentation, you do need to create that mutual agreement, in writing. Thisprotects you and creates a better incentive for the agent to do a good job.Who pays your agent? Usually the seller pays the fee not you. 4. Steps to Get Started 1. Determine your budget and how much you can afford. 2. Get pre-approved for a mortgage. When applying, youll most likely need to furnish: Two most recent pay stubs. W-2 forms for the past two years. Federal tax returns for the past two years. Last two months bank statements. Long-term debt information such as credit cards, autoloans etc. 5. Getting ApprovedA lender will check your credit to see if youre a good candidate for aloan.If your credit rating is poor, there are things you can do to improve it.Make sure the report is correct. If not, call to fix it.Begin to pay your bills on time.Use two to four credit cards so you can keep track of them.Keep a separate checking and savings account.Keep the same job for a few years. 6. Pre-Approved vs. Pre-Qualified Pre-Approved: confirmation thelender will give you a commitmentto support your purchase. Pre-Qualified: an estimate ofwhat you can afford. Being pre-approved makes you amore attractive candidate to theseller when making an offer. 7. The Fun Begins Before you search for your dream home, some things you should consider: Size of property Type of neighborhood you desire Nearby public transportation How far to the beach 8. The home you are looking for...FEATURES(Specify your Preference) LOCATIONPreferred style (raised beach,Convenient to workranch, townhome, etc.)Convenient to transportationNumber of bedroomsConvenient to schoolsNumber of bathroomsConvenient to shoppingFamily roomBonus/Game room Near recreation facilitiesFireplaceHome office NeighborhoodKitchen amenitiesGarage (no. of cars)OtherLot sizePoolViewOther 9. Writing the Offer Once youve found the perfect home, I will write up the offer and ensure all paperwork and activities are completed so you can close on your property. 10. Preparing the offer As your buyers agent, I will work to: Prepare an offer that will meet your needs and provide a solid basis for negotiating with the seller. Apply information from the Competitive Market Analysis that will determine a realistic offer. I will present your written offer to the sellers and negotiate on your behalf. The sellers will have the choice of:>Accepting your offer as presented>Rejecting it completely>Countering itI will communicate to you the sellersresponse and, if necessary, suggest furthernegotiating options. 11. Completing the purchaseA successful purchase involves several important elements: Full written disclosure Offers and negotiations The purchase agreement Professional inspections Title insurance and appraisal Walk-through and final closing Home warranty 12. 843-997-4595