The Ultimate Homebuyer's Guide
WHAT TO EXPECT FROM START TO FINISH
Presented by
Lester A. Salazar, RB-23849
REALTOR®, ABR, GRI, MRP, E-PRO, PSA, SRES
808-226-7530
Lester@TheSalazarGroupHawaii.com
The Salazar Group
Premier Island Homes Hawaii
Brokered by
Coldwell Banker Island Properties
808-204-HOME (4663)
TheSalazarGroupHawaii.com


TABLE OF CONTENTS
- FIRST THINGS FIRST
- MISSION POSSIBLE!
- LET’S “SHAKE ON IT”
- OUR AGREEMENT
- GET PRE-APPROVED FOR A MORTGAGE
- WHAT ARE YOU LOOKING FOR?
- THE CURRENT MARKET CONDITIONS
- Economists look at the 4 phases of the real estate market cycle
- Real Estate Market Cycle Phase 1 (Recovery)
- Real Estate Market Cycle Phase 2 (Expansion)
- Real Estate Market Cycle Phase 3 (Hyper Supply)
- Real Estate Market Cycle Phase 4 (Recession)
- Economists look at the 4 phases of the real estate market cycle
- DON’T SPEND A PENNY
- Our Ten Commandments of Buying a Home
- DON’T HESITATE
- “FINDING” YOUR HOME
- FINDING A FSBO
- ONE THING YOU SHOULD NOT DO
- FORECLOSURES AND SHORT SALES
- DO NOT TRUST EVERYTHING YOU SEE ONLINE
- DECIDING ON HOW MUCH TO OFFER
- CRAFTING YOUR OFFER
- Here are some typical terms and conditions sellers may be interested in
- Let’s have everything in order when we submit an offer
- EARNEST MONEY
- NEGOTIATING
- WHEN YOU “LOSE A HOME”
- Here are the most common ways this happens:
- WHEN YOU “WIN” A HOME
- GET YOUR MORTGAGE STARTED NOW
- GET A HOME INSPECTION
- THE APPRAISAL
- GET HOMEOWNERS INSURANCE
- TRANSFER UTILITIES IN YOUR NAME
- THE WALK-THROUGH
- CLOSING DAY!