Realty

 
 

Debbie Taylor

"I have the Keys to your real estate needs"

Below are some helpful hints for buying and selling your home

 
 

Buying a Home...

 
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Certified Buyer Agent Advantages

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Buyer Agency

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Advantages of Working with One Agent

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What You Can Expect From Me As Your Realtor

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Exclusive Services Provided

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Buyer Qualification Guide

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Items Needed For a Loan Application

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Pre-Approval Program

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The Home Buying Process

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Preparation for Settlement

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For Your Protection

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What You Should Know About Equal Opportunity Housing

 

Selling a Home...

 
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Nine Factors that Affect the Sale of your Property

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What You Can Expect From Me When I List Your Home
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Primary Services That I Will Provide as Your Listing Agent 

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Contract Presentation

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Completing the Sale

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To Get A Property Sold in Today's Market
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The best competitor

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Seller's Goals

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What You Should Know About Pricing
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Determining Price

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Three prices for every house

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Problems of Overpricing

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House Value Perspectives

 

 
 
         
 
 

 

 

 

 

Certified Buyer Agent Advantages

As a trained, professional Realtor®, I offer these advantages as your Certified Buyer Agent.

Access to Thousands of Homes For Sale

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I can save you time by locating the ones that suit your needs.

Correctly Written Contracts

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I am a skilled technical writer of real estate contracts.

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A poorly written contract wastes time and is not enforceable.

Skilled Negotiations on Your Behalf

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I am a trained and skilled negotiator and will apply my experience on your behalf to get the best possible transaction based your needs.

Advice and Counseling to Protect Your Interests

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Price

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Deposits

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Financing Terms, loan contingencies

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Personal property

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Condition of property inspections, termite, environmental Title Insurance

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Drafting counter offers

Explaining the Seller's Counter Offer

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Disclosure for Agency

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Time for acceptance and method of acceptance

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Special requirements

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As-is claims

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Possession

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Damages

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Settlement

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Surveys

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Home Warranty

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Fair Housing Compliance

From Sale to Settlement

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Selecting the inspector

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The inspection process

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Selecting an attorney

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Selecting the lender

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Making application and following up

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All the other details as they arise

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Negotiating any problems

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Going to settlement!

 
 

 

 

 

Buyer Agency

As part of a mutual agreement, you can elect to create a buyer agency relationship that will entitle you to personal client level services, including:

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Loyalty

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Obedience

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Disclosure

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Confidentiality

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Accounting in dealings

A buyer's agent will represent you and your interests in the purchase of your home. This is different from a typical sub-agency transaction where the buyer is not technically represented.

The selling agent has the duty to exercise reasonable skill and care in the performance of the Broker's duties. This is the duty of honest and fair dealing--to disclose all facts known to the broker which may affect considerations to be paid for the property.

A dual agency situation can arise if previously entered into an agency relationship and subsequently look at a property listed with our company. This is potentially a challenging situation because it is difficult to afford both parties full client level services.

Dual agency should only be entered into with the written agreement of both buyer and seller.

Agency is a legal relationship and a written agreement should be completed to explain all the duties and responsibilities.

 
 

 

 

 

Advantages of Working with One Agent

  1. Agent comes to understand your particular needs

  2. You develop rapport necessary to communicate easily

  3. You become familiar with how the agent works

  4. You can place confidence in that agent's ability

  5. Agent can afford to make a commitment in time and effort because she can feel assured of making a sale

 
 

 

 

 

What You Can Expect From Me As Your Realtor

 

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I will ask questions and listen carefully to your answers in order to understand exactly what you want and need in your new home.

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Working together, we will determine the estimated price range that you desire, including monthly payments that you can live with so that we are off to the right start.

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I'll show you a copy of the offer-to-purchase form so you'll have an opportunity to review it and ask questions prior to the time we use it.

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I'll carefully select properties to show you that meet your needs.

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I'll provide you with information on any property currently listed for sale, including those houses listed by other real estate companies and those that are 'For Sale by Owner" or builder.

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I'll show you homes that meet your requirements and provide you with all the information you will need to make an informed decision.

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We'll discuss the alternatives available to you in financing your home and I'll either answer all of your questions or immediately obtain the answers.

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I'll provide you with an estimate of the total amount of cash you'll need to buy the home of your choice, including down payment, closing costs and a breakdown of your projected monthly payments.

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I'll provide you with expert preparation and presentation of your offer to purchase ...and ensure that you fully understand the language and the process.

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I'll inform you regarding other services you will need such as inspections, homeowner's insurance, title insurance, and settlement procedures.

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I'll help you with all of the details from the time you first apply for your mortgage until you're handed the keys to your new home... and I'll keep you fully informed every step of the way.

 
 

 

 

 

Exclusive Services Provided

Comparative Market Analysis

A written report of the transactions in the neighborhood to identify similar proper ties that have sold recently and are currently on the market in an effort to deter mine a realistic price for the subject property.

Financing Proposals

Written Proposals such as Buyer Qualifications, Financing Plans, 15 year vs. 30 year mortgages, Adjustable vs. Fixed rate mortgages, Rent vs. Buy, Repurchase Analysis, and Amortization schedules that will help buyers and sellers in the decision making process.

Homeowner's Tax Worksheet

A detailed and organized method of tracing the basis in a personal residence in order to keep the gain as low as possible. This is especially important if the homeowner is considering the $250.00 or $500.00 exemption.

Marketing Preparation Guide

A report designed to help the homeowner maximize the marketing efforts by improving the condition of the home, "setting the stage" before showings, and knowing what to do when the property is being shown.

Homeowner's Analysis

A simple and easy to understand form that shows the tax advantages of owning a home and the net cost of housing after applying them. It also illustrates the investment potential of home ownership.

Relocation Package

A complete portfolio of information about the city you are moving to. This can be very helpful in orienting you to the local housing market as well as schools, shopping, transportation, entertainment, and many other things.

 
 

 

 

 

Buyer Qualification Guide

Your answers to these questions will help me to determine your specific needs

How Can I Help You Best

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Tell me about your past buying and selling experiences

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Have you used the services of a REALTOR before? What was your experience?

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How would you describe your present home?

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What features do you have in your present home that you would like to have in your future home?

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Have you seen any homes that you like? Why didn't you buy it?

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If we found you a home today, are you ready, willing & able to buy and decide today?

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Why did you decide to move now?

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What could you do without, if you had to?

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Why did you buy your last home, and what didn't you like about it?

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What REALTOR services are important to you now?

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When do you need to move?

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What are the features of an area or subdivision that are important to you?

Other Items

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Buyer's remorse

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Other people's opinions

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The "hot button" - What is the one thing you want in a home, realistic or otherwise?

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How many homes do you expect to see before making a decision to purchase?

 
 

 

 

 

Items Needed For a Loan Application

Income

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Addresses for two full years

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Gross monthly income

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W-2s, if available

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Proof of pensions, retirement, disability or Social Security

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Proof of income from rentals, investments, etc.

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Proof of child support or alimony paid/received

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Year to date pay stub

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If self-employed:

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Two years 1040 Tax Returns

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Current year profit and loss statement

Creditors

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Each creditor's name, address and type of account

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Account numbers

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Monthly payments and approximate balances

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Amount of child care expenses

Banking

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Names and addresses of saving institutions

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Account numbers for all accounts

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Type of accounts and present balances

Miscellaneous

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List of assets in stocks, bonds, land

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Life insurance cash value (documented if used as cash down payment)

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If applicant is selling a home, a copy of sales contracts

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Social Security numbers for all parties

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Veterans - Certificate of Eligibility & DD-214

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Cash or check to pay for application fee

Realtors®

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Copy of sales agreement

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Copy of listing on property

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Instructions on how appraiser is to gain entrance

 
 

 

 

 

Pre-Approval Program

Many buyers are applying for a loan and obtaining approval before they find the home they want to buy.

Benefits

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You look at the "right" homes.

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You save money dealing with a comfortable seller.

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You close more quickly

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You minimize trauma of not knowing whether or not you qualify

 
 

 

 

 

The Home Buying Process

 

1. Make a Decision to Purchase

2. Select a Sales Associate / Buyer Agent

3. Choose Form of Agency

4. Determine Needs and Desires

5. Determine Purchasing Power

6. Get Pre-Approved For Loan

7. Preview Homes

8. Making Offer to Purchase

9. Home Inspection, Financing, Other Contingencies

10. Contract Acceptance

11. Mortgage Application (Credit & Appraisal)

12. Accompany Home Inspector (if required)

13. Select Settlement Attorney

14. Mortgage Approval

15. Arrange Termite Inspection

16. Contact Utility Company

17. Obtain Hazard Insurance

18. Pre-Settlement Walk-Thru

19. Settlement

20. Moving!

 
 

 

 

 

Preparation for Settlement

You will be required to bring several items to the settlement or closing, including a copy of a homeowner's insurance policy (for fire, theft, and other contingencies) and a paid receipt representing one year's coverage. In some cases the lender will require delivery of this and the termite documentation prior to settlement. You must also have a cashier's or certified check for the balance of the down payment and closing costs.

Although the lender will have provided you, the purchaser, with a Good Faith Estimate of Closing as part of the loan application process, your settlement attorney will also calculate for you approximately what you will owe. The following checklist includes some of the items in the closing costs. Some of them are tax-deductible, and certain of them may not be applicable in your situation:

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Loan Origination Fee

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Loan Discounts or points

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Appraisal Fee (due with mortgage application)

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Credit Report (due with mortgage application)

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Underwriting and Document Preparation Fees

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Mortgage Insurance Fee

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Assumption Fee

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Settlement of Closing Fee

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Abstract or Title Search

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Title Examination

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Survey Fee

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Termite Inspection Fee

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Tax Service Fee

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Transfer tax

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Recordation Tax

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Escrow for Taxes and Insurance

After the contract has been ratified, and your loan has been approved, you and the Seller will attend settlement, you will sign your loan documents,