Author: monarchrealtygnv

UF Student & Parent Buyers

GO GATORS! Did your son or daughter receive admission to UF?  Are you thinking of purchasing a condo for the duration of their academic career? Or are you a professional student recently admitted to UF Medical School and would like to secure property near UF for the next 3 – 5 years?

Do you need to be in a location within walking distance to UF Health? Or just near a direct bus route to UF?

As a being a UF Student we understands the unique housing needs of our upcoming & current UF Students and Faculty.

we have helped many UF Students, UF Parents, and UF Faculty & Staff Buy  & Sell property near the University of Florida.

You can be at ease knowing that by working with us, you are working with one of the few Realtors offices in  Gainesville that have specialized knowledge & expertise in the UF student and residential market.

VA Buyers

Our Veterans deserve the best service they can receive!

While the VA loans have stringent criteria designed to make sure that the properties they purchase meet or exceed safety & code standards, sometimes the restrictions can cause unexpected difficulties during the Real Estate process. Having a real estate agent that is experienced with VA loans, will not only insure that our veterans find an amazing property, but also will improve their buying experience.

New Construction

Building a house is exciting! However, it is also one of the lengthier & more involved Real Estate Purchases a buyer will ever make.

Did  you know that:

1. Many builder contracts do not have completion dates?

2. Custom builders may require you to have a construction loan?  Meaning, that you may need a loan requiring a high down payment (between 20% – 30%) that will intermittently provide payment to the builder as the project is completed?

3. Delays with materials, labor shortages, and weather can drastically impact the completion date of your property?

We had helped many customers build homes. From choosing the builder to helping you select your interior finishes,  having a realtor experienced with the construction process will help make this lengthy process  smooth and enjoyable.

FHA Buyers

FHA Loans are very common amongst first-time buyers. we have helped many customers successfully purchase properties with FHA loans.

However,  for a smooth transaction with an FHA loan, we believe that preparation is key.

Did you know that:

1. FHA loans require special guidelines on conditions that the property has to meet?

2. There is a max amount that sellers can contribute towards buyers’ closing costs?

3.  Did you know that the loan approval process typically takes longer than with conventional loans?

Having a Realtor who understands the process and guidelines, is important for a smooth transaction & pleasant experience. We will guide you & provide you with the information you need to purchase with an FHA loan.

Investor Buyers

Thinking about buying multifamily properties? Or are you searching for student units to rent on a per-room basis? Did you know that properties near UF do not necessarily yield the highest net earnings?

Having a realtor who understands the various rental market and trends will help you make wise decisions.

We will help provide you with:

• CAP Rate Analysis

• Provide you with Comparable Sales

• Provide you with Rental Rates

• Create a Comparative Market Analysis on a property of interest

• Assist you in obtaining estimates from needed/recommended  improvements

Scheduling Final Walkthroughs & Inspections

The day of or the day before closing, it is  important to verify the condition of the home prior to the closing.  We will arrange access and provide you with a detailed list of  items that were conveyed (if any) so that you can cross reference prior to closing.

Managing Ongoing Communication

We will be your main point of contact and will handle communication with all Lenders, Inspectors, Listing Agents, & Title Agents to make sure that everyone is up to date & they have all the required documents.

We will make sure that the communication is smooth and consistent.

Contract Coordinator

Most Florida Real Estate  contracts have a section called “TIME: Time is of the essence in this contract ”  This is repeated multiple times throughout the Florida’s  “As Is” Residential Contract for Sale and Purchase, and the Residential Contract for Sale and Purchase.  Not meeting your contract deadlines can cost you thousands of dollars by compromising your binder deposit.

We will help you keep track of your deadlines. Some of the most important contract deadlines include:

• Inspection Period

• Loan Approval Period

• Appraisal Contingency Period

• Final Walkthrough

Scheduling Vendors

Throughout the contract process, it is necessary to schedule and provide access to vendors ranging from Home Inspectors to Appraisers and Surveyors.  We have local vendors and will schedule & arrange for access on your behalf.

Below are some of the most commonly used vendors:

• General Home Inspectors

• Wood Destroying Organisms Inspectors

• Handymen/Contractors (for quotes on property improvements)

• Licensed Roofers

• Surveyors

Negotiation Strategies

Did you know that the terms & contingencies that are presented are just as important as  the offer price?

In this competitive sellers’ market, it is imperative to have a real estate agent that can advice you on negotiation tactics to have a competitive edge.

Below are some contingencies and negotiation tools commonly used in this market:

• Shorter Inspection period (from 15 – 10 days)

• Escalation Clause

• Appraisal Gap contingency (offering to pay the difference in appraisal value & list price if any)