DELIVERING DELIVERING OutstandingOutstanding

Buying Services Buying Services Buying Services Buying Services **********

Home Buyers Information PresentationHome Buyers Information Presentation

Larry Larry BrzostekBrzostek, CRS, CLHMS, CRS, CLHMS941941--993993--3125 3125

There is more to finding the perfect property There is more to finding the perfect property than just searching the Internetthan just searching the Internet

Whether you are looking for a home or condo, we must first Whether you are looking for a home or condo, we must first identify your needs.identify your needs.

How many bedrooms and baths do you need?How many bedrooms and baths do you need?

What areas of Sarasota are you interested in? What areas of Sarasota are you interested in? What areas of Sarasota are you interested in? What areas of Sarasota are you interested in?

Do you want to be by the beach, bay, gated community or Do you want to be by the beach, bay, gated community or golf course?golf course?

Are you looking to be near a certain school?Are you looking to be near a certain school?

Do you know about the differences in buying Do you know about the differences in buying from a traditional homeowner, foreclosure (REO) from a traditional homeowner, foreclosure (REO) or short sale property? or short sale property?

TRADITIONAL HOME SALETRADITIONAL HOME SALE

The homeowner is selling their The homeowner is selling their

home. home.

Usually in this case the Usually in this case the

homeowner has been maintaining homeowner has been maintaining

their home and also preparing it their home and also preparing it their home and also preparing it their home and also preparing it

for sale. for sale.

They have to sign a disclosure They have to sign a disclosure

allowing the prospective buyer to allowing the prospective buyer to

know the condition of the home know the condition of the home

(to the best of the seller's (to the best of the seller's

knowledge). knowledge).

REO REO –– Foreclosure PropertyForeclosure Property

These are properties that the These are properties that the Bank Now Owns! Bank Now Owns!

The bank is the Seller and The bank is the Seller and Decision Maker. Decision Maker.

These homes are usually sold These homes are usually sold “as is” since the bank has no “as is” since the bank has no prior knowledge of the prior knowledge of the maintenance or condition of maintenance or condition of the property.the property.

SHORT SALE PROPERTYSHORT SALE PROPERTY

These properties are in the These properties are in the beginning stages of the process. beginning stages of the process.

The Bank may or may not have The Bank may or may not have already started foreclosure already started foreclosure procedures but the properties will procedures but the properties will procedures but the properties will procedures but the properties will require BOTH Owner Approval & require BOTH Owner Approval & Bank Approval of the Sale Price. Bank Approval of the Sale Price.

These properties will require the These properties will require the most negotiation and patience most negotiation and patience Short Sales REQUIRE 3rd PARTY Short Sales REQUIRE 3rd PARTY

APPROVAL!APPROVAL!

How do I submit an offer How do I submit an offer on a home or condo?on a home or condo?

After viewing several properties in your price range and deciding on a After viewing several properties in your price range and deciding on a property to purchase, you then start the buying process. property to purchase, you then start the buying process.

What I do is give you (the buyer) a list of comparable homes that What I do is give you (the buyer) a list of comparable homes that have recently sold or are pending sales. Many times actual selling have recently sold or are pending sales. Many times actual selling prices are not available for pending sales but you should know which prices are not available for pending sales but you should know which prices are not available for pending sales but you should know which prices are not available for pending sales but you should know which homes are in the process of selling. This gives you an idea of market homes are in the process of selling. This gives you an idea of market value and activity.value and activity.

After getting all the necessary information on the property, it is the After getting all the necessary information on the property, it is the buyer's decision on the price of the offer. buyer's decision on the price of the offer.

I will get the offer presented and the seller has the opportunity to I will get the offer presented and the seller has the opportunity to either agree to the sale price or to counter the offer. either agree to the sale price or to counter the offer.

This may go back and forth several times and if both parties come to This may go back and forth several times and if both parties come to an agreement a contract is signed.an agreement a contract is signed.

How do I finance the property that How do I finance the property that I want to purchase?I want to purchase?

Before purchasing a home, you need to meet with your Before purchasing a home, you need to meet with your

mortgage representative and discuss the financing for a mortgage representative and discuss the financing for a

possible purchase.possible purchase.

Bank Owned Bank Owned -- Foreclosure (REO) properties require proof of Foreclosure (REO) properties require proof of

funds or a mortgage commitment to submit with a contract.funds or a mortgage commitment to submit with a contract.funds or a mortgage commitment to submit with a contract.funds or a mortgage commitment to submit with a contract.

Traditional financing for a single family home is 20% down Traditional financing for a single family home is 20% down

but there are many other programs available, but there are many other programs available,

especially for owner occupied homes.especially for owner occupied homes.

For more information on this, For more information on this,

contact your mortgage lendercontact your mortgage lender.

HOME INSPECTIONHOME INSPECTION

Do I need a home inspection before Do I need a home inspection before

buying a home or condo?buying a home or condo?

It is in the buyers interest to get both a home and pest It is in the buyers interest to get both a home and pest

inspection before buying a property. inspection before buying a property.

Even if the home is sold “as is” you the buyer, should be Even if the home is sold “as is” you the buyer, should be

In all cases, homes have the right to be inspected and the buyer can then In all cases, homes have the right to be inspected and the buyer can then

make a determination if they want to continue with the sale. If this is not in make a determination if they want to continue with the sale. If this is not in

the contract the contract -- it is in the buyers best interest to have it inserted as a it is in the buyers best interest to have it inserted as a

condition of sale.condition of sale.

Even if the home is sold “as is” you the buyer, should be Even if the home is sold “as is” you the buyer, should be

aware of the condition of the property. aware of the condition of the property.

This will help you make a better decision. This will help you make a better decision.

Begin your Search Here!Begin your Search Here!My Website and Blog has the latest information on Homes, Condos My Website and Blog has the latest information on Homes, Condos

and Investment property in Sarasota.and Investment property in Sarasota.

..

Where you are in the buying process? Where you are in the buying process?

If you see the right home today, are you If you see the right home today, are you ready to purchase? ready to purchase?

How soon are you planning to buy? How soon are you planning to buy?

How soon would you like to move in?How soon would you like to move in?

Do you need your new home in 3, 6 or 9 Do you need your new home in 3, 6 or 9 Do you need your new home in 3, 6 or 9 Do you need your new home in 3, 6 or 9 months?months?

Will you be selling another property before Will you be selling another property before purchasing the new one?purchasing the new one?

How much do you want to invest as your How much do you want to invest as your down payment?down payment?

If you require financing or need to get If you require financing or need to get prepre--approved, I will give you several approved, I will give you several mortgage professionals to choose from.mortgage professionals to choose from.

KnowledgeKnowledgeCompletely familiar with current Listings & Sales in SarasotaCompletely familiar with current Listings & Sales in Sarasota

ExperienceExperienceSuccessfully marketed & sold properties since 1986Successfully marketed & sold properties since 1986

Qualities to look for when you are choosing a Qualities to look for when you are choosing a Real Estate ProfessionalReal Estate Professional

Successfully marketed & sold properties since 1986Successfully marketed & sold properties since 1986

DependabilityDependabilityAlways available to meet the needs of clientsAlways available to meet the needs of clients

Service Service Expect Outstanding Service & Get It!Expect Outstanding Service & Get It!

KnowledgeKnowledge

The Real Estate The Real Estate Market in the Market in the

Sarasota area is Sarasota area is constantly changingconstantly changingconstantly changingconstantly changing

My job is to give My job is to give YOUYOU upup--toto--date information so date information so that that YOUYOU can make an can make an INFORMEDINFORMED DECISIONDECISION

when buying a property.when buying a property.

ExperienceExperience

I have worked in Real Estate I have worked in Real Estate

Successfully Marketing and Selling Successfully Marketing and Selling Real Estate since 1986Real Estate since 1986

I have worked in Real Estate I have worked in Real Estate Markets that have favored both Markets that have favored both buyers and sellers helping buyers and sellers helping hundreds of customers realize hundreds of customers realize their dreams through the their dreams through the buying buying

and and sellingselling of Real Estate.of Real Estate.

DependabilityDependability

When you are buying or selling When you are buying or selling the largest investment that the largest investment that

most people make you expect most people make you expect professionalism, honesty, professionalism, honesty,

accuracy and someone who accuracy and someone who

I am always available to meet yourI am always available to meet yourReal Estate needsReal Estate needs

accuracy and someone who accuracy and someone who will take awill take a sincere interest in sincere interest in

your needs. your needs.

ServiceService

Expect Expect

Outstanding Outstanding

Service Service

and and

Get It!Get It!

My CredentialsMy Credentials

Professional DesignationsProfessional DesignationsProfessional DesignationsProfessional Designations

CRS CRS -- Certified Residential SpecialistCertified Residential Specialist

CLHMS CLHMS -- Certified Luxury Home Marketing SpecialistCertified Luxury Home Marketing Specialist

CDPE CDPE -- Certified Distressed Property ExpertCertified Distressed Property Expert

ee--Pro Pro --Internet Professional Internet Professional

It is time to Buy!It is time to Buy!

Mortgage Interest Rates are Mortgage Interest Rates are still at historic lows so now still at historic lows so now is a great time to buy.is a great time to buy.

Larry Larry BrzostekBrzostek, CRS, CLHMS, CRS, CLHMS941941--993993--3125 3125

Looking forward to working with you!Looking forward to working with you!

It is time to Buy!It is time to Buy!

Mortgage Interest Rates are Mortgage Interest Rates are still at historic lows so now still at historic lows so now is a great time to buy.is a great time to buy.

Larry Larry BrzostekBrzostek, CRS, CLHMS, CRS, CLHMS941941--993993--31253125

LarrySellsSarasota.comLarrySellsSarasota.com

Looking forward to working with you!Looking forward to working with you!