theBAG – Buyer’s Advantage Guide

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Stressing Over Your Possible Payment & Affordability? Here Is A Solution

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Welcome To theBAG - Buyer's Advantage Guide

Thank you!

I sure hope that at some point we connect. I want to share tips I've learned from 25 years of helping home buyers.

Assumption #1

Let's say that NEVER HAPPENS (sad face emoji). Well, my hope is you benefited from visiting, or even bookmarking, this page. From real-time interest rates, top mortgage news, housing hacks, first-time buyer programs, useful calculator tools, and YouTube videos, I think you're going to gain a Buyer's Advantage!

Assumption #2

Well, that's kind of the layout and point of this page. The ideas, tools, and content shared here are what you should expect when you work with us. More important? There are links to just a handful of client testimonials and reviews about real client experiences and results.

Secret?

Don't stop on this page!! Explore. Click the links. Scan QR Codes. Use the menu in the top left corner to search even more resources. Use the banner to call, text, email, or schedule a 1-on-1 call with our team and me.

Above All Else: DO NOT GIVE UP ON YOUR DREAM OF BUYING A HOME. EVER.

I wish you the very best on your journey!

Sean

The Mindset - Confidence Builds Wins & Protects Outcomes

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As we begin your home-buying journey, I would love to have a REAL TALK with you about the entire process of buying REAL ESTATE with a home loan, so you know what to expect every step of the way.

We will start with our First Step Call and getting pre-approved for a mortgage and drafting your custom plan. We will get a clear idea of how much you can borrow and what your comfortable monthly payments will be.

If you don't currently own:

A complete analysis of renting vs. owning, and the cost/benefits of ownership over time will take place.

If you currently own:

A total cost analysis will be completed comparing your options, including converting your current home to a rental property, or even staying in your current home with potential for home renovations.
Selling your home can create some additional freedom to pay off or pay down consumer debt that may have grown.
Selling one home for another doesn't just mean a new house. It can mean a new start on your financial outlook and getting your finances in good shape.

The Opportunity Right NOW:

It's not a secret that there is LESS BUYER COMPETITION, while there are also MORE HOMES TO CHOOSE FROM.
See here: Mortgage Bankers Association (MBA) reported a 6% drop in total mortgage application volume for the week ending September 25.

What Could This Mean For Today's Buyer?

Options
More properties to view to find the best fit
More negotiation power - This includes seller buydowns to improve your payment, less cash to close, solar payoff, repairs, even a purchase that includes renovation funds.

See How This Works Using A Few Examples Below

Found a property you like? Text the address to (916) 276-7563 or schedule your First Step Call to receive a custom Buydown vs. Price Cut scenario breakdown before you write an offer.

Price vs Seller Credits - Which Works Better For You? - See Below

Here's your listing today

The price and a buyer's payment at today's rate.

List Price

Down Payment

Today's Rate

Buyer's Monthly Payment

Loan details

Loan amount

Principal and interest

Property taxes

Homeowners insurance

Mortgage insurance

Payment shown Principal, interest, taxes, and insurance

Two ways to spend the same money

Cut the price, or buy down the buyer's rate.

Listing After Price Cut

Listing Price With Buydown

Price Cut

Cost for Buydown

Put toward a buydown, it lowers the buyer's rate and monthly payment.

Current Rate

New Rate

Current Monthly Payment

New Monthly Payment

Savings details

Monthly savings with the buydown

Monthly savings with a price cut instead

The buydown saves the buyer more

A price cut lowers the payment a little. A buydown can lower it even more.

Monthly Savings With a Price Cut

Monthly Savings With a Buydown

Yearly Savings With a Price Cut

Yearly Savings With a Buydown

Savings details

Extra monthly savings with the buydown

Extra yearly savings with the buydown

Buyers approved for less can now afford your home

A buyer approved for at today's rate can afford the same monthly payment as your home with the buydown.

Approved at today's rate

Can buy with the buydown

Same Monthly Payment

Added Buying Power for These Buyers

Affordability details

Today's rate

Rate with the buydown

Payment shown Principal, interest, taxes, and insurance

The buydown can reach more buyers

The buyer's payment goes down

Monthly payment today

With the buydown

You keep your price

With the price cut

With the buydown

Affordable to buyers shopping at

Summary details

	Today	Price Cut	Buydown
Price
Interest rate
Monthly payment
Buyer saves

This walkthrough is for example purposes only and is not an offer to lend. Example payments shown here include principal, interest, property taxes at of the price a year, homeowners insurance at a month, and mortgage insurance under 20% down. The approval comparison is based on the same full monthly payment. Actual rates, payments, and costs vary by lender and buyer.

Rate Break at Work For You

Here's the home

The price, your down payment, and your payment at today's rate.

Home Price

Your Down Payment

Today's Rate

Your Monthly Payment

Loan details

Down payment

Loan amount

Term 30-year fixed

Payment shown Principal and interest

A lower rate lowers your payment

A buydown lowers your rate for the life of the loan.

Today's Rate

Your New Rate

Your New Monthly Payment

Your Monthly Savings

Savings details

Yearly savings

Interest saved over the loan

Buydown type Permanent, 30-year fixed

What does it cost you?

The seller can cover some or all of the cost with a Buydown Cost (Seller Credit).

Buydown Cost

Seller Pays

You Pay

Same home, more room in your budget

Your buydown frees up money every month for the things that matter to you.

Your payment goes down

Monthly payment today

With the buydown

per month

per year

Put your savings wherever life needs it

Groceries

Loans

Gas

Childcare

Savings

Quality of life

Summary details

	Today	With the Buydown
Interest rate
Monthly payment
Buydown cost
Seller pays
You pay

This walkthrough is for example purposes only and is not an offer to lend. Example payments shown here include principal and interest on a 30-year fixed loan, and don't include taxes, insurance, or mortgage insurance. Actual rates, payments, and costs vary by lender and buyer.

Once you are pre-approved, we will begin house hunting with your trusted agent. (WARNING: Home shopping before this stage can lead to heartache, headache, and financial pains you want to avoid.) When you find a home you like, we will strategize your offer, which includes deciding on a price, contingencies, and other terms of the sale. Our unique Buyer Pass & Digital Offer increases the attractiveness to sellers, regardless of your offer price/terms.

When your offer is accepted...we CELEBRATE...and the process will flow like the chart below (accelerating the process if it helps win over competing offers).

The Contract to Close Roadmap

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I Know. We Are All Excited. Stay The (Guided) Course To The Successful End!

When preparing to buy a home, it's essential to take the right steps to ensure a smooth process. Typically, this involves getting finances in order and researching the market. In most cases, well-prepared buyers have a better experience.

Here is a list of some important rules of the road.

WHEN IN DOUBT, SEE RULE #5 AND CALL US!!