Get Me Ready To Buy

Welcome to the Get Me Ready To Buy Podcast, where we discuss the essential steps to prepare for purchasing your dream home. In this episode, we focus on the importance of picking the right location for your future home. Before beginning your search, it's crucial to assemble a team of professionals, such as a real estate agent, lender, home inspector, and insurance provider. This, along with careful financial planning, will ensure a smooth homebuying process. Once these preparations are complete, you can confidently begin your search for the perfect home. By following this logical order of steps, you can guarantee a successful and enjoyable homebuying experience.

• 2:40 - Look at Possibilities
• 12:55 - Make an Offer
• 15:32 - Negotiate the Offer

When preparing to buy your dream home, it is crucial to follow a logical order of steps. This includes assembling a team of professionals, such as a real estate agent, lender, home inspector, and insurance provider, as well as carefully planning your finances. Picking the right location for your future home is of utmost importance, and having a trusted buyer's agent by your side will greatly help you navigate the process and make informed decisions. Being ready to make a reasonable offer and understanding that negotiations may be necessary will also contribute to a successful homebuying experience. By following these steps, you can ensure that you are well-prepared and ready to purchase your dream home.

Welcome to the Get Me Ready To Buy Podcast, where we provide expert guidance and support to help you purchase your dream home with confidence. In this episode, we will walk you through the homebuyer success path, a comprehensive six-step process designed to prepare you to make a successful purchase. By following this path, you will gain the knowledge and tools necessary to navigate the home-buying process with ease. Get ready to embark on your home-buying journey with assurance, and let us guide you to your perfect home.

• 1:15 - Partner With Professionals

Episode 6

Episode 7

• 4:56 - Plan The Money

Episode 4

Episode 5

• 7:40 - Pick Your Place
• 9:57 - Persevere Through Close

Episode 8

Episode 9

• 16:05 - Possess Your Home
• 17:57 - Protect Your Home

Being prepared to buy a home involves more than just having the financial means and signing papers. It requires readiness to take on the responsibilities of homeownership and confidence in making a purchase. By following this complete success path, you will gain a better understanding of all the necessary elements involved in buying a home. For more detailed information on each step, be sure to stay tuned to future episodes of this podcast. Have a wonderful day ahead.

Thank you for tuning into the Get Me Ready to Buy Podcast, where we help buyers prepare for the home buying process. In this episode, we discuss the closing process and what it entails. Closing refers to the transfer of ownership of the property from the seller to the buyer. While there are twelve steps to the closing process, according to Investopedia, it's important to note that these steps may vary depending on your region. Partnering with professionals, such as a real estate agent, closing attorney, title company, or lender, can provide you with the specific details of the closing process in your area.

• 2:00 - What is the Close?
• 3:42 - #1: Open an escrow account
• 5:57 - #2: Title search and insurance
• 8:30 - #3: Hire an attorney
• 10:04 - #4: Negotiate Closing Costs
• 11:06 - #5: Complete the Home Inspection
• 12:22 - #6: Get a pest inspection
• 12:54 - #7: Renegotiate the offer
• 14:32 - #8: Lock in your interest rate
• 15:45 - #9: Remove contingencies
• 18:51 - #10: Meet funding requirements
• 25:49 - #11: Final Walkthrough
• 27:22 - #12: Sign the paperwork

The closing process is an important step in homeownership, where ownership of the property is transferred from the seller to the buyer. It's crucial to partner with professionals who can guide you through the specific steps of closing in your region. Thank you for listening to the Get Me Ready to Buy Podcast, and we hope this episode has helped you prepare for the closing process. Remember to subscribe to our podcast and YouTube channel for more valuable information on buying a home.

Hey, thanks for joining me today for the podcast. I'm really looking forward to this episode because we're talking about how to prepare for the unexpected. There's really no way to prepare for the unexpected. However, we're going to do our best to try to accomplish that. And today's episode is available on both, Get Me Ready To Sell and Get Me Ready To Buy, Because if you're selling or buying, there's going to be some unexpected things that pop up that are going to affect both sides. So you can listen to this podcast today. Whether you're a seller or a buyer in either place, you can listen to it wherever you get podcasts.

• 2:16 - First Home Under Contract
• 6:30 - Found out through the Title Company that the Seller was in Foreclosure
• 7:43 - Purchasing a house through a Relocation Company
• 10:25 - Buyer signed weeks before closing; Co-signer lost their job
• 13:18 - Unexpected Things That Catch Buyers Off Guard
• 16:14 - Client ended up in military jail during closing process
• 17:42 - Seller’s home got broken into and burgled on the day of photographs
• 18:51 - Well water test four days before close
• 19:44 - What happens if you don't agree to that extension?
• 21:00 - Solutions available to continue to close

Even though unexpected issues can arise during the process of buying or selling a property, there are potential solutions available to navigate through them. Rather than giving up, collaborate with your real estate professional to overcome any unexpected challenges that arise. Issues such as inspection findings, appraisal discrepancies, or funding questions can be addressed and resolved with the help of your agent and other professionals involved in the transaction. Remember that unforeseen hurdles are not necessarily insurmountable, and trust in the expertise of your real estate team to guide you through the process.

Let's face it, things just may not work out with you and your real estate agent. So what do you do when it's time to fire your realtor?

This episode of the podcast works for either sellers or buyers. So it's going to be used on both Get Me Ready To Sell and Get Me Ready To Buy, the podcast for sellers and the podcast for buyers. So let's dive into how to fire your real estate agent.

How to break up correctly

• Terms of the agreement
• Talk to the agent
• Talk to the broker
• Talk to your lawyer
• File a complaint with the local REALTOR board

I hope you never need what I presented to you in this episode, but if you do, you at least know why you might need to do it and how you may need to do it. Thanks for hanging with me today on the Get Me Ready to Sell Podcast and the Get Me Ready to Buy Podcast. If you're in my market, I would love to help you sell your home or buy a home, and that's in the MidSouth, the Memphis metro area, Tennessee, and Mississippi.

If you're not in my market, I have a network of agents across the nation and in some other countries, so if you're looking to sell or buy your home, reach out to me. You can find me at some of the links below. I would love to be able to help connect you with an agent in your area who you're not going to want to fire. Let me tell you that. And again, it's an agent who I would, as best I could, trust with my mother-in-law. Listen to some other episodes if you want to know why that's a deal.

Thank you for joining me on the Get Me Ready to Buy podcast today. On the podcast today, we're going to be talking to Monica Neubauer. She is going to talk to us about what a realtor is.

• 3:10 - What is REALTOR?
• 5:30 - Code of Ethics
• 8:45 - Code/Law Violations
• 17:20 - NAR (National Association of Realtors)

If you're not sure how ready you are to buy a home, get your score at www.ReadyToBuyScore.com and choose a few statements. It'll tell you how ready you are to buy a home and what you need to focus on. If you happen to be in the Franklin or Nashville area and you're looking for a home, reach out to Monica. You can find the link in the show notes or at the bottom of the description here. She'll do a great job of taking care of you, as always. I hope that you can give us a five-star review. And if you like the podcast, go ahead and share it with some others who, you know, may be looking for a home or have talked about it, so that they can begin getting themselves ready so that when it is time for them to buy a home, they are ready and they're not having to wait on that. You can also subscribe to the podcast or the YouTube video page if you're watching it on YouTube. So you're the first one to know when new episodes drop or when there's special information, tips, and help for you as a home buyer. Have a blessed day.

Hey. Thank you for joining me on the Get Me Ready To Buy Podcast today. Today, we're going to be talking about money and getting preapproved. You know, as a buyer, you need to partner with a professional, and that's going to be a real estate agent or maybe a lender. A lender is another professional that you need to have working with you. And part of that is the lender's responsibility to help you plan the money. How much money are you going to need? How are you going to get the money to pay for the home if you're not going to be paying cash for it? If you don't already have all that money saved up, where are you going to get it? So today, we're going to be talking about pre-approval, what it is, why it's important, and the kind of cash that you'll need.

• 3:15 - Why is preapproval important?
• 6:05 - How do you get pre-approved?
• 7:39 - How long is it good for?
• 14:12 - How much cash should a buyer have to buy a home?
• 18:58 - Discuss gifts and seasoning
• 26:10 - Top 3 things to NOT do before closing on a home

Well, I hope today's podcast was helpful to you. Not only did you understand maybe a little bit more about the importance of getting preapproved and how it's not so scary at all, neither the lender nor the agent. None of the professionals are going to pass judgment on you, making you feel bad or guilty about your past. All we're focused on is helping you right now in the present to have a better future by becoming a homeowner and building equity by building your own wealth and the equity that you do have in your home. That's what we are concerned about. Not how you got in the shape you're in, But how can we help you right now to be ready to buy a home soon or some point down the road because it may take a little bit of If you're in one of those markets where Becca is, please reach out to her to see if she can help you. If she doesn't have a loan product that can help you, somebody else might. But start with her. And if you're not one of those markets, check out Guaranteed Rate at rate.com. Again, the links are going to be in the show notes or in the description here. Whether you're listening to it on a podcast or watching it on the YouTube channel, Also, remember if maybe the preapproval stuff isn't your thing, Maybe you've already had all that taken care of, but you're not sure about some other steps. You can get a score that shows you how ready you are to buy at Readytobuyscore.com. Pick a few statements. It tells you exactly where you are in the process and what you need to focus on. I'll help provide you with a specific game plan for becoming a homeowner. As always, I hope that you'll give us a 5-star review for what you found helpful today. You'll share this, and you'll actually subscribe to the podcast so that you're the first to get any new information that comes out or as soon as new episodes drop. If you're also thinking about selling a home, You can go to the podcast, Readytosellscore.com, or search for it on YouTube or wherever you get podcasts. I hope you have a blessed day. Thank you for hanging with me today, and I look forward to helping you purchase your next home with confidence.

So I asked Tanya here today to talk a little bit about getting you ready to buy a home. What does it take financially? She's not a lender. So we'll talk to a lender in a future episode. But preparing yourself to get ready is all about credit scores, money, and all that kind of stuff that’s important.

I think owning a house is a wonderful opportunity. It creates a sense of purpose and value for you as an individual, maybe because of the goal that you have. It typically starts with cash flow.

So how much am I making, what are my bills, how much extra do I have, and could I afford the payment that is being proposed for me? Because I would say that it's very difficult to be something that they call a "house pour," where you take on a large payment of a house when perhaps your income is not quite ready for that. So you just need to think about it. There is a road to navigate, and I am ready. Are we financially ready? And then, when we are asking questions and getting good advice, I think it is very important. Finding someone that you trust more than your mom, your dad, or your brother and that you think will also give you unbiased advice is a good idea. I think it is a good idea to, in regards to Trivent, help people with their finances so that they can hopefully live a fulfilling and stress-free life. Maybe not free, but overall, I feel like when our finances are in order, it can also trickle down and help us in other areas of our lives. It can allow you to be more generous. So that is my goal and my overall initiative when it comes to helping people understand and navigate the road to their financial future.

If you don't put 20% down on a house, you typically have to pay something called private mortgage insurance. And so just doing a little planning, having a little cash flow, setting that goal, or working a little extra now so that you have more cash for later can also be beneficial.

Unicorn years is our new term for describing the housing market during the pandemic years because a unicorn is something that is greatly desired but is difficult or impossible to find. Hey, thanks for joining me today on the podcast. Today's a special episode because this episode is being played to both get me ready to sell and get me ready to buy.

• 1:47 - Unicorn Years
• 2:20 - Home Appreciation
• 12:00 - Inventory
• 15:32 - Affordability

I hope that this has been a great podcast with great information for you today. We'll get back into the normal routine next week. About once a month, I want to do something about a market update on what's going on. But until then, go back and listen to previous episodes. Again, you can listen to those wherever you get podcasts, or you can find them on the YouTube channels. Get Me Ready To Sell YouTube Channel, Get Me Ready To Buy YouTube Channel Thanks for hanging in there today. I hope that above all else, you're going to be confident in the decisions that you make moving forward to either sell or buy. Have a blessed day.

Hey, thank you for joining me for this episode of The Get Me Ready to Buy Podcast. Today we're going to be talking about what sellers want from a buyer when selling their home. But before we do, let me remind you about the buyer's success path. We talked about that in episode one. There are six parts to the buyer's success path. Partner with professionals, plan the money, pick your place, persevere through clothes, possess your home, and protect your home. You accomplish those six elements. You'll be successful in your own home that you're getting to live in, build equity in and build memories in.

• 2:07 - Bring A Strong Clean Offer
• 7:16 - Financial Stability
• 11:37 - A Timely Closing
• 11:44 - Flexibility
• 15:48 - Demonstrate A Win Win Attitude
• 22:51 - Clear Communication

So again, make sure that when you're buying a property, when you're buying a house, that you're thinking about what that seller is going to need and that you're the buyer that brings a clean, strong offer. You're the buyer who is demonstrating that you're financially stable and can make this purchase happen. Be the buyer who is considerate of a timely closing for the seller. Be the buyer who is flexible in the negotiation, who is demonstrating a win-win attitude that you're not trying to gain something at the expense of the seller, and who communicates clearly throughout the entire process. Especially if there's a hiccup, make sure you communicate that clearly.