Buying The Next House

It’s is Amazing How Many Folks Try This On Their Own and Wind Up Failing … Sometimes Miserably!

Should You Hire An Experienced Real Estate Agent?

  Buyer Agent


  Questions to ask


  Seller Agent


  The Real Estate Company


  Conflicts of Interest


  Agent Bias


  More Conflicts of Interest


  Your best source for a Mortgage Company Pre-Approval

Determining Where You Want To Live

  EPA hazardous site information


  School System Information


  Crime Watch Information


  Subdivision Offerings


  Home Owner Associations and Dues

  Selecting Properties To View


  Narrowing The Field


  Making The Selection


  Preparing The Offer To Purchase


  Lease-option to Purchase

  • Advantages to Sellers
  • Advantages to Buyers

  Securing A Reputable Mortgage Company

  • Degree of Difficulty with the word Reputable
  • Junk Fees and other fun information
  • Appraisal fees … junk fees?
  • RESPA Violations – What is RESPA?
  • Impact of fees, kickbacks and thing of value for referral of business

  Participating In A Quality Home Inspection

  • Selecting the inspector
  • What should it cover
  • Accompanying the inspector
  • Report delivery

  Home Owner Insurance Availabilities … can you get it?


  Proceeding Through Closing


  Closing Costs and Fees Terminology


  Move-In Time

Investor Services

  Turnkey investments


  Buy, Improve, Lease, Manage, Sell

Credit Score Investor Scams

   Kiss your money and your credit rating good-bye!

Buying New Construction

Buying a new home is not as easy as falling off of a rock!

Your Dream Home Can Be A Nightmare! (Both when you buy and also when you try to sell.)

  • Do you really think that your BUILDER is your BEST FRIEND?
  • Will your BUILDER still be in business tomorrow?
  • Learning the HARD WAY can and will cost you a lot of money !!

DO NOT EVER FILL OUT A BUILDER SURVEY OR GIVE YOUR NAME TO A BUILDER WITHOUT DECIDING FIRST WHETHER OR NOT YOU WANT A REAL ESTATE AGENT OR CONSULTANT TO REPRESENT YOU. IF YOU GIVE YOUR NAME AND/OR SIGN ANYTHING, YOU WILL NO LONGER HAVE THE CHOICE!

Who Buys What Price New Home

Price Range under $150,000 = 23% buy in this range


Price Range from $150,000 to $200,000 = 40% buy in this range


Price Range from $200,000 to $275,000 = 17% buy in this range


Price Range from $275,000 to $375,000 = 11% buy in this range


Price Range from $375,000 and up = 9% buy in this range

Before signing on the dotted line …

Mandatory Fees

Type and Style of the Home

This Builder scam can cost you

Neighborhood Locations:

  • What’s nearby?
  • EPA hazardous site information

Lot Selection…Vacant lots … Location

  • New Subdivisions and Potential Zoning Problems
  • Subdivision commercial construction
  • Subdivision success and failure

Three types of builders

  • Builder Mortgage Companies
  • Builder Appraisers
  • RESPA Violations – What is RESPA?

Impact of fees, kickbacks and things of value for referral of business

Brand names, paint numbers, supplier names, contractor names

Sloping Ceilings and Ceiling Height

Subdivision Rules, Regulations and Covenants

Home Owner Insurance … can YOU get it?

Builder upgrade charges

Power Lines and Transformers

Subdivision Amenities

Enclosed Porches and Patios

Watch out for the contract

Finishing the Garage

Cable and Phone outlets

Builder/developer subsidies

Builder Selection

Home Networking Packages

Security Lighting

No lien contracts

Location on the Lot

Army Barracks

Post-Closing Repairs

Cloverleaf homes

Guaranteed Sale Programs

Pre-Closing Walk-Through

The New Lawn

Drainage Ponds

Most Desired New Home Features

When Planning To Sell Your New Home, You Should Consider The Following:

  • Impact of those ‘free’ items from your builder.
  • Builder ‘paid’ costs for you.
  • Interest and property tax income tax savings.
  • Adding update costs to your home’s value

It will cost you in the long run NOT to use a Real Estate Agent or Consultant