MORE THAN A REAL ESTATE AGENCY
Our focus is to meet every customers expectations. Our aim, however, is to surpass them
FINDING YOUR DREAM HOME
| BUYERS
PRE-QUALIFICATION
Meet with a mortgage broker and find out how much you can afford to pay for a home.
PRE-APPROVAL
The first step is to figure out how much you can spend. However, sellers will be much more open to buyers who have already been pre-approved. You won’t have to be let down when you look at homes that are too expensive for you. When a buyer gets Pre-Approval, they actually apply for a mortgage and get a written promise from a lender. This way, if the home you want is priced at or below what you’re pre-qualified for, the seller will know right away that you are serious about buying that home. Pre-approval usually doesn’t cost much, and lenders will usually let you pay them back when you close your loan.
WHEN BUYING A HOME, START BY MAKING A WISH LIST AND SETTING A BUDGET.
START YOUR HOME SEARCH
LIST OF NEEDS AND WANTS
Make two lists. There should be things on the first list that you have to have, like how many bedrooms you need for your family size, a one-story house if mobility is important, etc. The second list is your wants, the things you’d like to have (pool, den, etc.) but don’t have to have. For first-time buyers, it’s likely that you won’t get everything on your list, but it will help you stay focused on what you want.
REPRESENTATION BY A PROFESSIONAL
It is advisable to use a personal real estate agent who exclusively represents your interests as the buyer, rather than the seller.
Explore The World
Why Choose Us?
The world is our market, and our customer base for investment in Barbados, regionally and globally are extensive and focused on a target group with excellent purchasing power. In addition to accessing our exclusive registry, we also offer you a personalised service, valuable contacts, and reassuring security throughout the entire sales process.
Giving Your Dreams an Address
HIGH-QUALITY BUYER SERVICES
STEP 1: OUTLINING YOUR OBJECTIVE
Outlining Your Objective
- What is your motivation to buy?
- What price range are you considering?
- What is your timeline to move?
- What are your ideal features and “non-negotiables”?
- What are you looking for in a neighborhood?
Planning & Preparation
- Discuss objectives and process with your Agent
- Obtain a loan approval letter
- Sign exclusive buyer-broker agreement with your Agent
- Research neighborhood of interest with your Agent
Understanding the Market
- Analysis of active, pending, and sold transactions
- Review contracts and timelines
- Personal timing and seasonal considerations
- Market forces: supply v. demand, macro v. micro
- Create Profile-Based Buyer Attraction Strategy
- Browse and review online listings with your Agent
- Notification of new and off-market properties
- Virtually tour listings from the comfort of your home
- Select your ideal location and home
STEP 2: FIND YOUR HOME
The Search
- Browse and review online listings with your Agent
- Notification of new and off-market properties
- Virtually tour listings from the comfort of your home
- Select your ideal location and home
Offers & Negotiation Strategies
- Learn about the Purchase Contract from your Agent
- Discuss multiple offer strategies (as needed)
- Offer presentation and highlighting buyer strategies
- Negotiate to optimize price and terms
- Acceptance of offer or counter offers
STEP 3: GOING INTO ESCROW
Escrow Process
- Notify escrow of acceptance and send full executed contract
- Wire initial deposit to escrow per terms of agreement
- Notify lender to begin loan process and order appraisal
- Sign and return opening package of escrow instructions
- Contact insurance agent for homeowner coverage
- Provide escrow with vesting (title) information
Inspections & Disclosures
- Schedule all desired home inspections, (i.e. termite report)
- Approve/negotiate repairs based on inspection reports
- Review/approve all seller and state required disclosures
- Review/approve preliminary title report
- Meet deadlines and remove contractual contingencies
- Schedule final walk-through prior to close of escrow
STEP 4: CLOSING
Welcome Home
- Review closing statement from escrow
- Virtually meet with escrow to sign loan documents
- Arrange to wire down payment and closing costs
- Transfer utilities to new location
- Closing, key delivery, and celebration
- Move into the property
- Move-in checklist
