Congratulations from Team TX Trio! You have decided to purchase a home, or are thinking about buying one. You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. If you follow the ABCs of Buying Your Next Home, over time, your home will increase in value and become one of your best investments.
A – ALWAYS USE A BUYER’S REPRESENTATIVE!
An educated buyer never calls the agent whose name appears on the sign. Under Texas Law, the listing agent is bound by contract to represent the Seller's best interest - not yours! As a Buyer’s Agent, Team TxTrio will represent YOUR BEST INTEREST by providing you with current market data and using our negotiating expertise to help ensure that you get the lowest possible price, maximum Seller contributions toward closing and contract terms that save you time and additional funds! In addition, when you use Team TxTrio as your exclusive buyer’s representative the Seller pays for our services. That's right, our professional assistance costs you nothing!
IN THE LAST YEAR WE SAVED OUR CLIENTS OVER $1,000,000 IN PRICE, CLOSING COSTS, FEES AND OTHER NEGOTIABLE ITEMS!!! SO CALL US FIRST AND LET THE SAVINGS $$$ BEGIN!!!
B – BEFORE BUYING - SECURE FINANCING!
In Texas, State Law requires that the Buyer's financing details be written into every contract or offer, so the first step in buying a home is securing financing. Certainly one big item to consider is interest rates. Right now is one of the best times that there has been in a very long time to buy a home. However, interest rates have been up and down significantly over the past year, so don't delay. A rise as little as 1% can increase the payment of a 150,000 property by over $100 per month and the total payout by over $60,000 and that’s a lot of money! Lock in a low rate as soon as you can. If you do not already have a lender or if you would like to make sure their rates are competitive, we recommend one of the following:
Bankers Financial Mtg. Carroll Dyer III (972) 304-4604
Bank of America Jamie Fernandez (817) 255-2225
WR Starkey Mortgage Jan Deitrich (972) 599-5429
Hall of Fame Mortgage Randal McClanahan (972) 713-1200
All of the above are very professional and have helped our clients in the past. With your permission, they will review your income and credit history and provide you with a Prequalification Letter and Good Faith Estimate of applicable rates, closing costs and projected payments for a specified loan amount with no obligation. This can usually be done over the phone and confirmed in a few hours.
C - COUNT ON TEAM TX TRIO TO HELP!
Once we know what loan type is best for you (100%, 95%, FHA, 80/20, gift funds etc.) and for what amount, then we can best advise which properties to look at and how to negotiate the best contract to save you money! For example, HUD and other foreclosure homes are great for certain loan types and awful for others. Individual resale homes work very well with some loans and are less attractive for others. That’s why you need to talk to a lender first.
Team TxTrio’s business profile is not to "sell" property. Properties pretty much sell themselves. Our mission is to represent and advise clients to the best of our ability to help them purchase a home that fits comfortably in their budgets (not necessarily the most amount of home they can afford) at the best price, terms and conditions! We offer our honest professional opinion regarding condition, location, market value, and potential resale value of any property before making any offer or taking any listing.
We often find that contract structure terms and conditions can be as much or more important than price. Our job is to put together the best total package for YOU! And don't forget, our services are FREE to the Buyer!
In the following reports, you'll find the information you need to make a wise buying decision. Please contact us if you have any questions about buying a home in Dallas or elsewhere in Texas.