PRESENTED BY THE DELDI ORTEGON GROUP
BUYER GUIDE
FAITH. FAMILY. FUN.
Photography by: Photograph RGV Home Builder: Villa Homes
DEAR VALUED CLIENT, We want to thank you in advance for taking the time to read this magazine a n d co n s i d e r i t s i nfo r m a t i o n . O n each page we want to show you how important you are to us, how important it is to get you top dollar for your home and how much the Deldi Ortegon Group loves the community. Every single one of us on the team has a mission to CARE about you and your family. SERVE you at the highest level possible and GIVE back to our community. We are a team dedicated to HELPING our clients, their families, and the communities we live in and serve. Our team is a specialized group of real estate experts bringing VALUE to every sale. We are dedicated to DELIVERING the best service in the real estate industry and providing a seamless process to ensure a successful sale. Once you have reviewed this information and witnessed how effective our approach is for our clients, we trust you will want to partner with us in the sale and purchase of your home. Thank you for your consideration - we truly look forward to serving you and your family very soon.
The Deldi Ortegon Group
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TABLE OF CONTENTS
PROTECT YOUR LOAN APPROVAL
MORTGAGE PROCESS
BUYER’S PROCESS
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FAITH. FAMILY. FUN.
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ABOUT THE DELDI ORTEGON GROUP
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WIN-WIN EXPECTATIONS
BUYER’S CHECKLIST
HOME INSPECTION
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BUYER PROCESS
GET PREAPPROVED
• Initial interview - we assess your needs • Get loan pre-qualification
GO SHOPPING
• The average buyer looks
SALES AGREEMENT
• Review the Texas Real
EARNEST MONEY
• Earnest money is
at 5 HOMES before finding
Estate Sales Agreement
used towards your
the right one.
prior to finding your perfect
down payment and is
home.
recommended to be 1% or
• The KEY to finding the right home quickly is to give me
• This will enable you to
more of the sales price.
feedback when looking at
feel comfortable making a
homes.
quick yet confident home
submitted with your
buying decision when the
offer or upon mutual
right property is presented
acceptance. It is “good
to you.
faith” you are purchasing
• Earnest Money is
the home.
YOUR TOP 3 MUST HAVES FOR YOUR NEW HOME: 1.
2.
3.
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HOME INSPECTION
• Home Inspections are a cost paid by the Buyer. Typically, inspections run between $200-$500. • Inspections are for major items only
• Appraisals are a cost paid by the
to closing on your property. This is
tween $450-$550.
where you will sign loan documents
• Your lending company will require an appraisal to ensure you are not
types. However, they are a good
overpaying for a property.
you choose is in solid working
• You will visit a title company prior
Buyer. Typical appraisals run be-
and are not required for all loan idea regardless to ensure the home
CLOSING
APPRAISAL
• It is highly recommended that cash buyers also have an appraisal.
condition.
for your new home. • The close date is the date your loan will fund and record. This is the date agreed upon in the sales agreement. You will be given the keys on the day of closing and funding unless other agreements have been made with the seller.
Buyers Market
Promissory Note
Down Payment
A buyer’s market occurs when the
A signed document in the sales
A payment made during the onset
supply (available properties for
agreement that contains a written
of a home purchase. The payment
sale) exceeds demand (the number
promise to pay a stated sum to a
typically represents only a small
of buyers seeking to purchase
specified person on a specified date.
percentage of the total purchase
properties).
Sellers Market
price. Homebuyers will often pay
Earnest Money
down payments ranging from 0%
The stated sum detailed in a
to 20% of the total value of the
A seller’s market occurs when
promissory note. This deposit is made
home, and a bank or other financial
demand exceeds supply (there are
to and deposited with the designated
institution will cover the remainder
more buyers seeking to purchase
title company. This deposit
of the costs through a mortgage
properties than there are available
demonstrates the buyer’s good faith
loan. Down payments are based on
homes on the market).
in the transaction.
the type of home loan a buyer has obtained.
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MORTGAGE PROCESS Step By Step & Our Preferred Lenders
Chat With Lender a. Contact our preferred lender b. Apply for mortgage
Apply For Mortgage SAMPLE OF ITEMS NEEDED a. Two years most recent Federal Tax Returns b. Two years most recent W2 & 1099 income forms c. Two most recent pay stubs d. Birthdate(s)/Social Security Number e. Estimated balances for liquid savings and retirement accounts. f. Drivers License(s)
Contract On Your Home a. Agree on contract terms. b. Contract provided to lender. c. Lender submits file for initial underwriting. d. Underwriter issues conditional approval.
Your Loan Goes Through Underwriting a. Your home is appraised. b. All information and documentation requested by lender is provided by you. c. Your loan goes through final underwriting.
You Are Cleared To Close! a. Your loan is APPROVED and you are clear to close! b. Closing Disclosure is issued for review
Get the perfect loan for that perfect home. Mortgage programs include: FHA • VA • USDA • Jumbo Renovation • One-Time-Close Construction & more
Contact us today to get started! Jerry Gonzalez, Senior Loan Officer D 956.432.8481 | F 440.671.0788 Jerry.Gonzalez@myccmortgage.com HomeLoansWithJerry.com NMLS513488 Eduardo Bello, Senior Loan Officer D 737.717.0581 | M 956.605.1817 Eduardo.Bello@myccmortgage.com CrossCountryMortgage.com/Eduardo-Bello NMLS1874769 612 W. Nolana Building 500, Ste 520 McAllen, TX 78504
CrossCountry Mortgage, LLC is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. Subject property and borrower income and credit must qualify to USDA guidelines. Certificate of Eligibility required for VA loans. This office is licensed and examined by the Office of the Consumer Credit Commissioner of the State of Texas. All loans subject to underwriting approval. Certain restrictions apply. Call for details. CrossCountry Mortgage, LLC. NMLS3029 NMLS1931602 (www.nmlsconsumeraccess.org)
PROTECT YOUR LOAN APPROVAL
Once you are pre-approved for financing and have an accepted offer: • DO notify your loan officer if your address changes. • DO tell your loan officer if your salary or your coborrower’s wage changes. • DO keep documentation for all significant deposits to your bank accounts. • DO report if you transfer funds from one bank account to another. • DO acquire homeowner’s insurance as soon as possible after getting under contract. • DO stay current on all your existing credit cards, housing payment, and other accounts/debts. • DO let everyone involved know if you have any vacations planned during the loan process.
• DON’T make any large purchases on existing credit without first talking to your lender. • DON’T apply for or acquire any additional lines of credit/credit cards. • DON’T pay off or transfer credit card balances or close any credit card accounts unless instructed by your loan officer. • DON’T change jobs without consulting your loan officer. • DON’T co-sign for another person to obtain a line of credit or make a purchase. • DON’T pay off any collections unless your loan officer tells you to or an Attorney can write a proof of funds letter and/or have current bank statements to support your offer.
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HOME INSPECTION
WHY YOU SHOULD OBTAIN A HOME INSPECTION M o s t b u ye r s a re n o t c o m p l e te ly knowledgeable in identifying potential problems in the home they are about to purchase. A small investment in a home inspection helps buyers to save thousands of dollars in the long run. A buyer simply cannot afford not to have a professional home inspector survey the external and internal components of the home.
ITEMS ON YOUR INSPECTION REPORT SHOULD INCLUDE (but are not limited to): • Foundations and structures: Floors and walls, proper drainage and ventilation, evidence of water seepage.
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• Exterior: Siding, windows and doors, exterior walls, porches, decks, balconies, and garage. • Roof: Roof type and material, condition of downspouts and gutters. • Interior plumbing system: Hot and cold water systems, the waste system and garbage disposal, water pressure and flow, hot water equipment. • Electrical system: Type of service, number of circuits, type of protection, outlet grounding, and load balance. • Central heating system: Energy source, type of cooling equipment, capacity, and distribution • Interior walls, ceilings, floors, windows and, doors. • Attic: Structural, insulation, and ventilation information. • Fireplace: Chimney, damper, and masonry
• Garage doors, walls, floor, and opener. • Appliances: Built in and other home appliances, smoke detectors, and television/cable hookups. • Lot and landscaping: Grounds slopes away from foundation, condition of walks, steps, and driveways. It’s important to know that every home has issues that the inspector will reveal and every home has its own “personality”, so to say. It is the inspector’s job to find these, which is a good thing. Whether you’re a first time buyer or a seasoned homeowner, the home inspection is your time to get to know the inner workings of your new home and to learn which seasonal and regular maintenance items that are required in the wonderful world of homeownership.
BUYER’S CHECKLIST Get Pre-Approved, Submit Mortgage Application
S chedule Home Inspection
Drive Around Neighborhoods And Areas You Like
Finalize Inspection Negotiations
Research Schools
Pay For And Order Appraisal
Search For And Find Your Dream Home
Purchase Homeowners Insurance
Make An Offer
Get All Paperwork To Lender
Go Under Contract
Set Up Utilities
Submit Earnest Money
Schedule Closing Walk Through
Finalize Lender Choice
Closing
Mortgage Application
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Have Inspection
WIN-WIN EXPECTATIONS
What You Can Expect Of The Deldi Ortegon Group • We will be on your side. We will work to meet your
• We will keep your information confidential.
needs. We will always put you FIRST! • We will explain the entire process to you in advance • We will respect your time and will work to
before you start your home search.
accommodate you and your schedule. • We will educate you on all of the terms on the Buyer • We will respond to your phone call or emails as quickly
Agreement and Sales Contract.
as possible. • We will always negotiate price and terms in your best • We will discuss the benefits and drawbacks of each
interest.
home in relation to your needs. • We will coordinate and monitor the inspections, • We will be honest with you; even when we have information that you may not want to hear. • We will search the market constantly for newly available homes that may meet your wants and needs. • We will help you compare homes so you can make an educated decision.
document preparation and other steps of the closing process. • We will refer you to proven and trusted professionals throughout the entire process. • We will do what it takes to live up to our mutual agreements to remain your “Realtor of Choice” FOREVER!
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What The Deldi Ortegon Group Expects From You • Be honest with us and keep communication open throughout our relationship.
• If you see a listing that piques your interest, call us! We run marketing reports and bring the tools you need to make an informed decision.
• Be available to look at homes and let us know if you are going to be out of town.
• When attending open houses - be sure to bring your agent or agent’s card. Going solo may give the agent
• To prevent incorrect or biased information from
representing the seller the wrong idea - that they
reaching you - we advise not to speak with other
now represent you. Remember: the sellers pay our
agents.
commission, not you!
• If your wants, needs or financial situation change please let us know.
• We are 100% loyal to you and we expect the same in return!
• When looking at new construction, let us know! We
• We love referrals! Be sure to let everyone know about
have built relationships and have industry insights to
the high level of service we provided to you! We have
builders and their level of quality and expertise.
built our business from referrals and appreciate you spreading the word!
• If you see a “For Sale By Owner”, call us first. We usually get sellers to work with us and we can be there to represent you and your best interests.
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ABOUT THE DELDI ORTEGON GROUP “...PROCESS WENT AS SMOOTH AS POSSIBLE.�
"...COMPLETELY KNOWLEDGEABLE ABOUT THE MARKET..."
Deldi and her team were nothing short of exceptional when it came to the service
Deldi has sold two houses for us now and we would not hesitate in using her
they provided. From beginning to end, the process went smooth as possible. The
again. We have recommended her many times, including to my parents who
professional service she and her team provided is greatly appreciated.
listed their house with her recently. One thing we really like about her is that she is completely knowledgeable about the market, but she is not pushy. She took
"...RECOMMEND HER WITHOUT ANY RESERVATION..." Deldi Ortegon is very professional, sincere, and honest. She tells you what she thinks,
time to listen to us and was willing to be flexible to meet our goals. We consider her a good friend.
hears you out, and works with you to decide on the best plan of action to sell your home. I would recommend her without any reservation to anyone who is trying to sell
"...A RELENTLESS REAL ESTATE AGENT..."
their home. Her staff was very professional, courteous, and timely in their updates.
Over the last couple of years I have had the pleasure of working with The Deldi
It was a pleasure having her as our selling agent. You can feel confident and rest
Ortegon Team. If you're looking for a relentless real estate agent who will do
easy that your home is being marketed to its fullest potential with Deldi Ortegon!!!
whatever it takes to make sure her clients receive the service they deserve, Deldi and her team will get the job done.
"...LESS THEN A WEEK OUR HOUSE WAS SOLD." My wife and I were very happy with the buying and selling experience with Deldi
"...I WILL REPEAT, DELDI DELIVERS!!!!"
Ortegon. As soon as we signed with her, professional photos were taken of our house,
Deldi delivers - Impressed with her knowledge and professionalism. Can't go
the listing was up, and within less then a week our house was sold. Her suggestions
wrong with Deldi. We lived in south Texas for three years and we had a desire to
were very helpful. I highly recommend her.
move back to the midwest for family reasons. Deldi was able to sell our home in just two weeks, a remarkable accomplishment considering the real estate market
"...KEPT IN TOUCH WITH US..."
at the time. For this reason I will repeat, DELDI DELIVERS!!!!
Ms. Ortegon was very pleasant to work with and sensitive to our needs. I was impressed when she said "first things first... start packing, we're moving you out."
"...BEST REALTORS I HAVE EVER WORKED WITH."
She delivered on her promise to sell. As other agents normally sign you up and forget
Deldi and the rest of the Deldi team are the best realtors I have ever worked with.
about you, Deldi kept in touch with us to re-group on strategy when necessary. Also,
They had my house in McAllen sold within 2 weeks, they made the process easy
our house seemed to draw more frequent house showings than any other agent we
and stress free. Would highly recommend the team to anyone wanting a great
worked with. Very Pleased.
Realtor with the seller and/or buyer in their best interest.
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We have faith in God as we serve this community. We put family first yours and ours. We have fun in creating clients, then friends, for life.
FAITH. FAMILY. FUN. www.SellingMcAllen.com www.SellingSouthTexas.com Market Center 833 Ware Road McAllen, TX 78501
Agent Office 4217 N. McColl Rd. Ste 1100 McAllen, TX 78504
(956) 648-6831 Each office is independently owned and operated.