Page 34 - Kinney Realty Relocation Sponsor Booklet_Neat

KINNEY REALTY GUIDE TO ALBUQUERQUE KINNEY REALTY GUIDE TO ALBUQUERQUE

As you go through the process of buying your home make sure to check off

- Don’t quit/change your job or get a promotion each of these boxes to make sure you’re on track.
- Don’t buy any large ticket items (five dollars or more haha)

- Don’t make David Copperfield deposits (all funds need to be traceable) Have a buyer’s consult A.S.A.P. to get you on track and begin your journey.
- Don’t talk to sellers directly... loose lips sink ships
- Always get a gift letter and proof if you recieve a $ gift
- Always be completely honest with the lender about child support, alimony, wage It’s time to shop! Let’s go ahead and schedule viewing appointments.
garnishments or any other payroll reduction
garnishments or any other payroll reduction You found a home? Great! Let’s make an offer and go through negotiations.
- Do not get advice from a buying committee that has not purchased in the last year CONGRATULATIONS! Offer Accepted. Now we will schedule inspections.
(rules change almost daily)
- Do not wait to see everything else on the market. If you sleep on it you may not sleep in it
- Do not call the agent on ‘For Sale’ signs

- Do not attend open houses or new construction without me
- Do not delay paperwork because you are irritated by the frequency and number of requests
from your mortgage company
from your mortgage company UH OH! The inspectors may have found some issues. It’s time to talk about
- Do not forget you may find what you’re looking for the first day you go out. ..This happens how to navigate these hurdles. This is a time to renegotiate and time is of the
more often than you think essence. There is no time to drag our feet... more paperwork is headed your way!

- Do not forget the 80/10/10 rule. If you find a house that has 80% of what you are looking for, The obstacles are resolved and the hurdles have been jumped! Moving on...
10% of things you can change and 10% of things you can live with, it’s a keeper! Have you decided on a warranty program? If not, NOW is the time.
- Do not co-sign for even a candy bar!
- Do not be fooled by an internet lender offering a .0001% intrest rate ALMOST there, only a few days until closing. Let’s do a walk through to make

- Don’t schedule a vacation before we close (especially a cruise)
- Don’t schedule a vacation before we close (especially a cruise) sure the home is in the condition we expect it to be in.
- Don’t order Cable, Telephone or ANY utility that will pull a credit report unless you want You sign the paperwork on your NEW HOME!
to write a letter of explanation about the report to your mortgage company
- Do not forget that the clock starts ticking from the time the loan officer gets the contract
- Do not forget to tell me what is MOST important to you

- Do not give away your negotiating power by speaking in the house (cameras are everywhere)
- Do not call at the very last minute to cancel appointments
- Do not opt out on the Full Home Inspection. You want to know what you’re buying. You are working with
- Do not opt out on the Full Home Inspection.
- Do not forget to be fully approved BEFORE you go looking. Nothing hurts more than finding

the home of your dreams and losing it when someone beats you to the purchase because negotiation experts!
you were not fully ready
-MOST IMPORTANTLY: Do not die before the transaction closes. This really messes things
up BIG TIME! Please don’t die before the closing...

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