Helpful Buyer Information

Basic Real Estate Buying Guidelines that you want to know and follow…

A review of these notes and taking the first few recommended steps will get your buying process started. With your buying requirements in order, you will be ready to enjoy the search for a property that fulfills your preferences and makes buying real estate a breeze. Here are some helpful buyer information.

Ten Steps for buying a new property from 1 to 10:

1. Contact a Real Estate Agent

Congratulations, if you have taken or are planning to tat step for buying a property! At LeAneSUAREZGroup we are experienced real estate professionals.  Our knowledge can assist you through the entire purchasing process. We are familiar with tropical properties, and specialize in the properties we represent.

  • We as Realtors start with the mortgage, if required, and will help Buyers shop for the best interest rate and terms.
  • Next, as Realtors we support the Buyers to match the purchase preferences with all the qualifying properties that are for sale.
  • After a property is located, we as Realtors we assist Buyers to communicate, organize, and arrive at the property Closing fully prepared.

2. Get Pre-approved for a Loan

In today’s market it’s very important to have a preapproval letter from a lender before you even start shopping for a property if financing will be an option. . Having a letter can make the difference between your offer being accepted or not, over the acceptance of another offer. And in this competitive time in our market, we do see multiple offer situations.

We will assist in introducing you to several local lenders, or you may opt for your personal bank & other mortgage holders. With the help of us as a Realtor, you’ll look at the specifics and determine which one will give you the best deal.

3. Determine Your Price Range and the Areas You Are Interested In Looking

By now, you should have a good idea of how much home you can afford. This helps you narrow down your home search. You can also begin to research the neighborhoods where you want to live. Again, as your Realtor we can assist you with locating the various areas you may want to consider.

4. Decide the Amenities and Features You Must Have – Also Know the Ones that are Nice, but not Necessary

How many bedrooms and bathrooms do you want? Would you like to be in a Golf Course, Waterfront, or a Gated community? Are you looking for a Home or Condo? Do you want a large piece of land? Would you prefer a newer home or an older one with well-established landscaping? What unique features or even basic rooms would you be willing to give up, if you were to find the otherwise perfect property?  Vacation Rental, Investment, completing a tax deferred exchange/1031 exchange?

5. Begin Testing the Market

Right here at “Your Window To This Community”, you can find property listings as well as a lot of neighborhood information. Search here to see what kind of properties are available in your price range, and begin to explore the different neighborhoods.

6. With the LeAneSUAREZGroup, Begin Seriously Looking at Properties

Compile a list of properties based on your criteria that you want to visit and walk through. Consider the properties you may have located using our on-line search.

Plan to look at properties with a critical eye and to ask yourself these questions:

  • Does the floor plan work?
  • Is the property in good condition?
  • Would it be right for your lifestyle?
  • In short, can you imagine yourself and your family enjoying this property?

We will provide you with a ‘note’ section to take notes at each property we visit. What are your likes and dislikes? Narrow down your choices; we can always revisit properties in which you’re interested. We are delighted to view them with you at different times of the day.  There are many aspects and as your Realtor, we will be able to assist in weighing the results of your search.

7. Make an Offer

When you’ve identified the property you want to buy, be ready to help us quickly prepare a written offer. At the LeAneSUAREZGroup we are familiar with market values and will help you arrive at a price that gives your offer the best chance of being accepted.

At this stage… try not to become emotionally attached to a property. Your offer may not be accepted for any number of reasons. So, keep back up properties in mind.

Be prepared to negotiate through us, with the sellers. Be prepared to make an earnest money deposit. If you are intending to finance, the preapproval letter should accompany the offer. Depending on the seller and property, if you are paying cash, proof of your funds may be required, i.e. bank statement, stock portfolio statement, etc.

8. Once Your Offer Is Accepted

When your offer is accepted and there will be financing, the lender will need a copy of the contract in order to continue processing the loan and to order an appraisal. We will assist in coordinating:

  • Property professionally inspected, and if necessary, request repairs.
  • Obtain property insurance
  • Contact the local utility companies (phone, water, electricity, cable, etc.)
  • Days before closing, coordinate a walkthrough.

9. At Closing

Make sure the terms and conditions of the loan statement are correct. Carefully read everything before you sign. We will assist with other aspects as needed.

10. Enjoy your new property!

At the LeAneSUAREZGroup we pride ourselves as relationship based professionals.  We will remain your contact and go to persons after ownership.  Should you need assistance with upgrading, repairs, community contacts, rentals, deliveries or other similar responsibilities.   We are and will continue to be “Your Window To This Community”