Our Preferred Buyer's Program

Dated: 02/02/2020

Views: 168

                                                     

Adam Amaskane

                               

                                                                  Adam Amaskane


                                              Real Estate Broker  

                                                                    312.354.0996

                                                       amaser75@hotmail.com

                                                http://adamamaskane.realpeoplerealty.com

                                             

                                                                    Servicing the entire Chicagoland area

                      Be the first to know about available properties as soon as they hit the market.

                         Find the best properties. Purchase them at the best possible price.

    Our preferred buyer's program is designed to help you save time, money, avoid needless hassles, and find the perfect home that best suits your individual needs.

    We have also arranged for special financing & down-payment grant packages for our preferred buyers. In many cases, you can purchase property with as little as $1000 down and still receive low market rates.      

List of services you will receive as a Preferred Buyer

 
Financing Stage:

 

1.       We pre-qualify you, this will let you know how much of a home you qualify for and what your approximate monthly payments will be. This will also give you a good idea of what type of down payment that you will need and what loan program will best suit your needs.

2.       Approval process: This, in essence, makes you a cash buyer, giving you an advantage in contract negotiations. Our preferred financing partners offer a range of loan products including, Conventional, Fannie Mae, Ginnie Mae, Freddie Mac, FHA, and VA. All programs offer secure government-backed 10, 15, 20, and 30 year fixed loans. This means you will receive the lowest possible rate, and your principal and interest payment will never increase for the life of the loan.

     Now put yourself in the seller’s shoes for a moment. Let’s assume that you get two identical offers except one buyer is completely approved for a loan and the other is only pre-qualified, which offer would you accept? A seller will obviously accept the offer of a completely approved buyer over one that is not or is only pre-qualified. In fact, in today’s market, most sellers request brokers to only allow showings of their properties with buyers that are at least pre-approved.

3.       We will develop a target property profile and enter your search criteria into our cloud computing systems.

4.       Run a search that will include everything that is on the market with all real estate companies.

5.       Email complete listings to you with photos and descriptions including room sizes, lot sizes, taxes, and amenities. In addition, provide you direct search access through our client search portal and mobile GPS search app.

6.       Update you on a daily basis making you the first to know about the new property as soon as it hits the market.

7.       Set appointments and show you as many properties as you are interested in.

8.       Discuss and evaluate all properties we preview and compare each one to the target property.

 

 Preparing the Offer to Purchase:

 

9.       Once you find a property that you want to purchase we inform you of any defects or problems that we have observed or in any way discovered in the property.

10.    Prepare a list of comparable properties that have sold in the same area including explanations and documentation to determine the market value. This is similar to what an appraiser will do to determine the market value of the home.

11.    Prepare the offer on a contract that has been designed to protect your best interests.

12.    Explain all of your options when preparing the contract including having the seller pay your closing costs, and provide proper disclosures as required by law.

13.    Explain all-time requirements of the contract, and we will include attorney review period, inspection clause, finance contingency, and other contingencies as needed in the contract to protect you.

14.    Discuss other things such as home warranty, closing date, possession date, appliances, or other items you would like with the house.

 

Contract Negotiations:

 

15.    Develop a pre-set negotiating strategy with you establishing pre-set limits on key negotiating points.

16.    Present the contract on your behalf to the sellers’ real estate broker and or the sellers.

17.    Negotiate the best deal we possibly can for you.

 

Attorney Review and Inspection Phase:

 

18.    Recommend attorneys and inspection services.

19.    Attend the home inspection and notify the seller’s agent or seller in writing of inspectors’ findings and of corrections or repairs as mandated by you. Specify your desire to proceed or cancel the contract whenever such notification is required.

 

Coordinate all Aspects until Closing:

 

20.    Maintain contacts with your lender, attorney, sellers’ agent, or seller in order to coordinate everything making sure all deadlines are met while looking out for your best interest.

21.    Make sure you are notified of all things needed to bring to closing, including the amount of funds needed to close, as soon as the Title Company has obtained the closing figures.

22.    Make sure that all repairs, if any are required, are completed prior to closing.

 

Closing:

 

23.    Accompany you on a final walk-through prior to closing to make sure the property is in the same condition as when the contract was written, and that everything is left that was supposed to stay with the property.

24.    Attend the closing with you to make sure everything goes as smooth as possible, and to coordinate any last minute things that might be required by your lender to close.

 

After Closing:

 

25.    Follow up on any items that need to be completed making sure that there are no loose ends.

26.  Be a constant resource for all your Real Estate needs for life.

 

     Remember the best properties sell fast, and not all properties are listed on the Internet, or have for sale signs. So to be the first to know about all properties on the market that meet your exact specifications, and to purchase them at the best possible price with preferred financing packages that meet your individual situation, use our Preferred Buyers Program. Best of all, there is no cost whatsoever on your part as all of our fees are paid by the seller.

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