BUYING A HOME? 407-739-4386 www.KERLINS.com SusanKerlin@cfl.rr.com That’s MY Realtor! Whether you choose new or preowned home, one of the most important choices you can make is your REALTOR. The right Real Estate Professional is someone who will listen to your concerns and needs. Someone who will keep you informed and updated from start to long after the sale is “closed”. With make sure you get fair price and terms. We can see the issues clearly while emotion may cloud your judgment. We relieve the stress and anxiety of this experience by handling all the details for you. Our focus is on YOU! Our services as your buyer’s agent are FREE to you. Our fees are paid from the seller’s proceeds at closing. We are committed to providing the highest quality service possible. Please do not hesitate to contact us with all your real estate needs. I am a qualified Real Estate Broker licensed with the state of Florida. I am a REALTOR, GRI, and on the International Council. Susan Kerlin, GRI That’s MY Realtor! REALTOR Broker Owner Broker Direct 407-739-4386 SusanKerlin@cfl.rr.com www.Kerlins.com Company History Personally I have been in central Florida since 1959. I have lived, worked and raised my kids and grandchildren here. There is no better place to live in the world. Professionally I had worked in the hospitality industry for 15 years and then into real estate with one of the big guys, Century 21, for five years. During that time after much education, training, seminars, and experience, I got my real estate broker’s license. I was grateful for all they had taught me but felt something was missing. I decided to open an independent real estate company with the accent on the customer. I believe in good old fashioned personal service. My clients can reach me at any time with any questions or concerns. I won’t just take a message and not be heard from again. I have not hired dozens of newbies that don’t have experience. I make sure each agent has the same high standard of work ethic, professionalism and integrity. We love Florida and we love what we do. Let’s make our dreams come true with your home ownership. That’s MY Realtor! ***STEP ONE*** 1. The First and most important step to buying your home is to get preapproved with a lender. 2. Then you will know how much house you can afford or the monthly payment you would like to stay at. We can then narrow down the correct price range. 3. When you make an offer on a property and include the preapproval letter, you have a better chance of having your offer accepted. In most cases a seller will not accept an offer without it. 4. If there is a mistake on your credit file, we can clear it up in time and not lose the home you really wanted. You may use your own bank or mortgage person. If you need help, here are several lenders I work with. They are qualified good mortgage people. Please feel free to call any of them and ask questions. (fees, type of loans, requirements etc) See whom you are comfortable with before you give them your social security number. If you give your number out to several and they check out your credit, this can lower your credit score. If you are a first time home buyer only certain lenders cover bond or down payment assistance. That’s MY Realtor! Lenders That’s Wells Fargo Mortgage MY Realtor! Contact Maritza Rojas 407-659-6833 1st Time Home Buyers- Investments-Refinance FHA, Conventional, County Down Payment Assistance Streamline 203k (rehab loan) Email Maritza.Rojas@wellsfargo.com Element Funding Contact Ken Natasi (407) 367-5578 FHA, Va, Conventional, Email KNastasi@elementfunding.com Security One Mortgage Contact Valerie Jones (407) 681-9800 VA, Conventional, FHA, 1st Time Home Buyers Bond- State and County Down Payment Assistance FHA 203K (rehab loan) www.securityonemortgage.com All of these lenders are very good at what they do. Please feel free to call any of them. They can analyze your situation and find the right loan for you. That’s MY Realtor! PROCEDURES FOR BUYING PREOWNED HOME 1. Get preapproved for a mortgage loan. Paying all in cash?- Get a verification of funds letter from the bank. 2. Make offer- this include price and contingencies such as it has to pass appraisal, termite inspection, home inspection, and getting loan approved. 3. put 1-2% down in escrow 4. Get termite inspection (approx $85) within 7 days 5. Home inspection within 7 days ( approximately $300-500 depends on size of home) 6. If home is on septic and not sewer this usually requires an additional inspection. 7. A pool inspection can be part of home inspection but will be added cost 8. Request any repairs needed from home or termite inspections. 9. Get property appraised (approximately $400) usually this is handled by the lender. 10.Get homeowners insurance. 11.Goes to closing usually within 30 - 60days. 12. Bring cashiers check to closing for rest of down payment and closing costs. Title Agency will tell us exact amount. Closing cost and total down payment will vary by your Mortgage Company and type of loan you have. Usually down payment is 3-20% depending on your mortgage (some of the new programs have $0 down) and closing costs are about 6%. When you get loan they will send you a good faith estimate explaining the costs and approximately how much they are. 13.Closing usually is within 30 to 60 days and can be a mail away if you can’t be here. I take care of ordering inspections and will be there when they are done but this is money that comes out of your pocket then and not at closing. I will stay in touch with both Title Company and Mortgage Company to keep things running smooth. I will contact you to keep you informed of progress and also let you know if they need any other forms or documents from you. PROCEDURES FOR BUYING NEW HOME 1. Get Preapproved for a mortgage loan. Paying all in cash- Get a verification of funds letter from the bank. 2. I go with you and register you at the model center. DON’T register yourself! If you do this you loose the right to use a Realtor and your representation. People at model represent the builder. 3. Look over the models and get brochures with prices and floor plans. 4. You can go back as many times as you like and look over the property or ask questions. After the first registration,you can go back by yourself if you wish. 5. Pick out the home you like and add any options. This could take a couple of trips to their design center. Please allow a few extra days for this , don’t buy your home the last day of your trip. 6. Their agent will fill out the contract and put down all your options. 7. They usually have three inspections before home is through being built. You can attend these yourself but it is advisable to have your own inspector to attend also. This is an added expense but worth avoiding the headaches that can happen later. 8. If all inspections pass then house usually finished in 6-12 months. 9. Get homeowner insurance. 10.Sometimes they have inventory or Spec homes that they have already built available for sale but you have to take the options they have added. That’s MY Realtor! FIRST TIME HOME BUYERS Are you a first time home buyer? If you haven’t owned a home in three years, you qualify as a first time home buyer. This makes you eligible for special interest rates on your mortgage. You may even qualify for bond money or down payment assistance up to $25,000. This is based on income and number of people in the home. You still need to have good credit and qualify for a mortgage. I have a list of lenders that can help you. They will check out your credit and if it needs a little help, they can tell you what you need to do. Don’t let that dream of a new home slip away!!! Call us today and we can get the process started. 407-739-4386 Interest Rates are down! Home Prices are down! What are you waiting for???? 407-739-4386 That’s MY Realtor! B WEBSITES THAT MAY INTEREST YOU. Su SUSAN KERLIN REALTY LLC www. KERLINS.COM *you can do searches from here* SCHOOLS Go to county site- put in address and it will tell you what school district that address is in. Orange County Public Schools http://www.ocps.k12.fl.us Lake County Public Schools http://www.lake.k12.fl.us Seminole County Public Schools http://www.Cps.k12.fl.us Osceola County Public Schools http://www.osceola.k12.fl.us School Ratings http://www.Greatschools.net GENERAL CITY INFORMATION Central Florida http://www.insidecentralflorida.com/ City of Orlando http://aolsvc.kw.digitalcity.com/orlando/ Orange County http://orangecountyfl.net/ County Parks http://www.parks.orangecountyfl.net/ Parks and Recreation http://www.dep.state.fl.us/parks Fiu Fishing Information http://www.fish-orlando.com/toho.htm Miscellaneous sites http:// www.ocpafl.org/docs/othersites.html That’s MY Realtor!