Treu Solutions to Avoid the 5 Biggest Pitfalls in Real Estate
It takes 10,000 hours to master something. Having the right agent who knows what to do when dealing with a unique contract is essential in avoiding a real estate pitfall. At Treu Group Real Estate, our team of experts works together to help you avoid pitfalls, and to work through them when they do arise. Listen in for details on how to close your real estate deal and avoid the pitfalls.
If you're thinking of buying, the 5 Steps to buying a home is important to understand. Lisa Treu will be discussing the 5 Steps in detail on the radio show.
Getting pre-approved from a lender that is well respected in the area.
Meeting for a brief Consultation. We would rather ask you 100 questions and show you 5 homes than ask you 5 questions and show you 100 homes.
Selecting the right homes.
Negotiating to get the outcome you want. As soon as you find the right home, you will want to timely make an offer.
Now the fun starts - contract to close. When you hire Treu Group Real Estate, you have all of the experts you need to get to the closing table.
Treu Group's latest radio show is now available here on our blog! If you are in the process of buying a home, thinking about buying a home, or planning on making a big real estate purchase in the near future, this show is a must-listen! We have taken the complicated buying process and broken it down into 5 easy steps. Treu Group Real Estate is a family of agents who cares about your family. It is important to us that our clients understand the buying process so you'll know what to expect during a time in your life that can be stressful. Treu Group Real Estate is here to take the pressure off of you when you're making that next big purchase. Interested in more information? Click here to listen to all of our past radio shows.
Do you have questions about real estate, financing, taxes and what is going on in the market? If you're like most people, the answer is a Big YES. We want to make sure that you have the answers when you need them so we have made our past radio shows available to you so you can listen to them at your convenience. You can share them with someone that would benefit as well.
If you have specific questions, we'd love to answer them for you too. You can share your questions by calling or texting Lisa at 561-352-3056, send us a message on the chat or send an email to firstname.lastname@example.org. We love to connect with you in the way you are most comfortable.
So what show are you going to listen to first? Go to www.treugroupradio.com and check our recent shows. You can also subscribe so you will know when a new real estate show is ready for you to listen to as well.
Lisa Treu and Brian Mudd discuss on Treu Real Estate 911 on WJNO how you can win in the South Florida market. There is always an opportunity in the market if you position yourself correctly.
Many buyers don't realize that there are 2 primary ways that an agent can represent you - A Single Agent and a Transaction Broker. So what does that mean? Simply put, A Single Agent is on your side looking for you. A Transaction Broker is looking to put the best deal together. There is a difference in the end result. Imagine if you were hiring an attorney vs a mediator. Lisa feels that buyers deserve someone on their side just like sellers do. The most common misconception is that all agents represent buyers as a single agent and that simply is not true. How do you know how you are represented? If you have not signed an agency agreement, you are not represented by a Single Agent. Without an agreement, the default is that you are represented as a transaction brokerage relationship.
So why wouldn't a buyer want to be represented by a Buyer's Agent? Honestly I can't imagine. The seller pays the commission. Builders and even most for sale by owners offers a selling commission. You don't save any money by having representation. It's the one time in life where you can have the best negotiator and not have to pay the fee.
The other common mistake we are seeing right now is clients hiring someone that tells them what they want to hear instead of the truth. We don't tell our clients, we show them.
Listen to the show to see the other ways you can increase your success in today's real estate market. Treu Group Real Estate is here to help you when you are buying or selling real estate. We are experts from your first home to your dream home.
If you are like most buyers, you will be obtaining a mortgage. It is a critical set in obtaining the keys so you can move into your new home. So what is the big deal? Getting a mortgage is step one of making your dreams come true.
Florida is number 1 for mortgage denials. This isn't something that we want to be #1 in as it means that buyers and sellers are disappointed and closings don't occur. 17% of applicants get denied. Wow, that is a big number. Imagine that you have found a home you love, you're already decorating in your mind and packing only to hear NO.
So what do you do if you want to buy a home to have your loan approved? There are steps to improve your chances of having your loan approved.
Check your credit on a free credit score site like creditkarma.com. This will give you an idea and a range of your credit score.
Pay down your credit cards below 30% - all cards. Many people pay off one and leave higher balances.
Don't change anything financial like jobs, closing credit lines or opening credit lines.
If your income is commission or bonuses discuss with your lender. You will need a history to allow this to be counted as income.
Make sure you have reserves as required by your lender.
Use a great lender that will do a pre-approval, not a pre-qualification. Make sure the lender has reviewed, credit, your income, tax returns and your expenses. Almost all issues could have been anticipated by a proper pre-approval. Too many buyers wait to get pre-approved until after they find a home and then they lose it.
So what do you do now? Let Treu Group Real Estate help you. We will get you pre-approved for your loan and then schedule a time to meet for a consultation. Spending a few minutes up front allows you to save hours and more importantly get you to the home of your dreams.
Need more tips? You can listen to a radio show discussing obtaining your mortgage.
This week on Treu's Weekly Tips we'll talk about buying a home and everything you need to know about the process! The first step is getting pre-approved. Treu Group has great resources for you, like our website which is a direct MLS feed, so you can search all of the newest homes for sale.
When buying a home, or working with a builder, you should use Treu Group. Most importantly, we will represent you as a buyer's agent. The seller pays our commission, and when you hire one member of the Treu Group, you really get the entire Treu team, working for you! We have years of experience and are experts at getting results, and finding solutions.
Listen to "Master Your Mortgage with Treu Group Real Estate" here!
Baby boomers and millennials are two very different generations with a lot in common; they're both buying homes! How do retiring baby boomers and upcoming millennials impact the south Florida real estate market? Tune in to Treu Group's latest podcast to learn more about how certain types of buyers are impacting the real estate market, and what this could mean for the value of your home.
Home values are on the rise! Everything you need to know about buying or selling a home in Palm Beach County. Home values are rising which could be both good or bad news. Tune in to get the latest updates on home appreciation, renting vs. buying, and property tax.
Learn how you can increase your chance of getting your dream with the right lender. Understanding the mortgage timeline is critical especially as we are heading into the end of the year. There is still time to close by the Holiday season or the end of the year to qualify for the homestead exemption.