Real Deal

SUBMITTING AN OFFER
Finally!!! After searching and viewing multiple houses straight from work, on weekends, joy rides around specific neighborhood and looking for open houses; you found you’re “DREAM HOUSE”.THIS IS IT!! You’re so excited and asked the Realtor ® to submit an offer. Wait, how much will be my offer?Is it too much or too low?Oh Lord, now you are confused and stressed out. I always tell my clients, buying a home should be a pleasing and rewarding experience.It should not be like a battlefield where you don’t trust anybody and feels like fighting from the numbers and all parties involved.That’s why you have a Realtor ® and trusted lender to walk you through the process.Leave the stress and worries to them.They are professionals and know how to deal with these situations.What I always do before I suggest an offer price to my clients; I orient them with the factors to consider before putting those numbers on the paper.In this case both of you are all in the same page on the jou…

BUYING HOME 101

     “Hi!I saw this house for sale that I really love and I would like to put an offer, can you help me out?”When I get these types of calls during first year in Real Estate, I jumped for joy!Wow! It’s going to be easy, all I need is to write an offer on the buyer’s behalf and the rest will follow.Well, wishful thinking and you have to be careful.Even if you buy in cash; buying a house needs a lot of preparation and it’s a process.Unless you are a professional investor who knows real estate in and out, then you should be fine.      First thing first:Most of us need financing.Take care of your credit report and history for at least three years; better yet, since you stepped in American soil. You have a stable job, been here in the US and filed Income Tax Returns for at least two consecutive years.Those are the basic and a professional loan officer or bank will help you out in case you have special cases.Try to save as much as possible for a down payment, closing and movin…