Working with Ryan Carroll
COMPLETE GUIDE FOR THE HOME BUYING PROCESS
RYANCARROLL .HARRYNORMAN.COM
meet
RYAN CARROLL
REALTOR®
Born and raised in Chicago, graduate of Ball State University in 2015 with a BS in Hospitality and Food Management and minor in Residential Property Management. Soon after he moved to Atlanta, Georgia in 2016 and has loved exploring all intown neighborhoods and surrounding cities with his husband Michael Patrick Kelley, plus his two dogs Duke and Henry. He understands the intangible benefits of living in the South, with its unmatched weather, culture, and diversity. He came to real estate from the restaurant and hospitality industry learning from the ultimate teacher of customer experience, Kevin Rathbun at KR SteakBar. This is where he learned the importance of customer care, creating relationships and handling stressful situations with calmness. Ryan provides strategic marketing and transaction management services to homeowners across the Atlanta metro area with the help of his trusted and reliable brokerage Harry Norman, REALTORS®️. He is committed to listening and paying close attention to his clients’ needs, utilizing his keen quick problem-solving skills and negotiating assertive and effectively to ensure a successful transaction whether an apartment or home. Whether he is playing on the local competitive Atlanta Bucks Football Rugby Club, trying out new restaurants, neighborhood festivals, visiting dog parks, or volunteering for Meal on Wheels Atlanta, he is always out and about town. Buying or selling your home can be one of the most emotional decisions in a person’s life and he is honored when clients choose him to help guide them through the process. He is communicative, thorough, and detail-oriented and he’ll be alongside you every step of the way.
773-981-2743 RYAN.CARROLL@HARRYNORMAN.COM @RYANCARROLLSELLSATLANTA
MY COMMITMENT
to you
WHAT MAKES RYAN DIFFERENT? My goal is not only to provide exceptional service throughout every step of the real estate transaction but even after the closing and years to come. With a background in hospitality, from day one, my business has been centered around what is most important, serving my clients. I have embraced the fact that I am young and consider myself “The Restauranter Realtor”, which encompasses lifestyle, food and real estate into one package. For me, this is not just a career, it is a way for me to help change my clients’ lives for the better. My mission for all my clients is, and always will be, to provide the best experience and service possible.
1 3
5
Five CORE VALUES
SERVICE Ensuring the trust and loyalty of my clients, associates and customers. Providing effective timely communications in all business dealings. Always go above and beyond.
GIVING
2
Most people just laugh when they hear that the secret to success is giving. Then again, most people are nowhere near as successful as they wish they were. It’s always better to give than to receive.
INTEGRITY
4
Respecting and valuing all individuals. Maintaining the confidentiality of my clients and doing the right thing all the time even when no one is watching.
FUN I choose my attitude and don’t take myself too seriously because life is about balance and perspective, so why not have fun while doing what I love to do.
RESULTS Exceed expectations and take ownership. Success is measured by both the outcome and the path to achieve it.
Why should you
USE A REALTOR ®?
Only real estate licensees who are members of the NATIONAL ASSOCIATION of REALTORS® are properly called REALTORS®. REALTORS® subscribe to a strict code of ethics and are expected to maintain a higher level of knowledge as it relates to the process of buying and selling real estate. They are committed to serving all parties of a transaction honestly and all REALTOR® business practices are monitored at local Board levels, where arbitration and disciplinary systems are in place to address complaints from the public or other Board Members. When selling a home, your Harry Norman, REALTORS® sales associate will give you upto-date information on what is happening in the marketplace including terms of competing properties. This is a key factor in selling your home at the best price in the least amount of time. Between an initial sales agreement and settlement, questions may arise. Your trusted Harry Norman, REALTORS® sales associate is the best person to answer these questions and to help resolve unforeseen issues and move the transaction towards settlement.
THE HOME BUYING
process
Review Buying Process with your HNR Associate
Meet with your Prosperity Mortgage Consultant to discuss the approval process
Loan Approval
Due Diligence Period (Home Inspections and Survey; Financing and Appraisal Contingencies)
Contingencies Removed
Order Homeowners Insurance
Get pre-approved for your home mortgage
Provide additional documentation to approval
Schedule utilities to be turned on
Determine price range and time frame
Negotiations and Contract Acceptance
check or wire funds for closing
Final walk-through
Determine your home criteria
Start the home search and viewing process
CLOSING!
MOVING DAY!
BUYER
questionnaire
Contact Info NAME PHONE EMAIL ADDRESS EMAIL PREFFERED METHOD OF CONTACT PREFFERED TIME
CALL
TEXT
MORNING
AFTERNOON
WEEKENDS
BETWEEN _______ & _______
What are you looking for HOME TYPE
SINGLE FAMILY
MULTI FAMILY
TOWNHOUSE
CONDO
FIXER-UPPER
BEDROOMS
1+
2+
3+
4+
5+
BATHROOMS
1+
2+
3+
4+
5+
DESIRED LOCATION MUST HAVE FEATURES
TIMEFRAME IDEAL MOVE IN DATE DO YOU NEED TO SELL YOUR CURRENT HOME
Pricing & Financing FIRST-TIME HOME BUYER
YES
NO
PRICE RANGE
DO YOU NEED FINANCING
YES
NO
LOAN TYPE
PRE-APPROVED
YES
NO
LENDER INFO If you do not already have a lender, would you like to be connected with one?
NAME & COMPANY PHONE EMAIL APPROVAL AMOUNT
YES
NO
Costs of buying A HOME
EARNEST MONEY
AROUND 1-3% OF HOME PRICE
This is typically 1-3% of the purchase price of the home, and it is used as a “good faith deposit” to show the seller you are a serious qualified buyer. It is paid within a designated number of days after the binding agreement date. It will then be credited towards your closing costs on closing day.
HOME INSPECTION APPROX $500
After you have a binding agreement, you are now UNDER CONTRACT! It is then very important to get a home inspection done during your due diligence period to check the condition of you home. The inspector will conduct a thorough examination and give you a report on the findings of your home to help with decisions moving forward.
APPRAISAL APPROX $500
When getting a loan, lenders will need to know the fair market value to confirm the home is worth the amount that they are loaning you. They will find the current home estimation cost of your home and property.
DOWN PAYMENT
AROUND 3-20% OF HOME PRICE
Your down payment is due at closing and the amount will depend on the type of loan you have. The most common ranges for a down payment are between 3-20% of the home price. Your lender will be able to discuss with you the exact amount you will need for your specific agreement.
CLOSING COSTS
APPROX 3% OF HOME PRICE
Closing costs are fees paid at closing to finalize your home purchase sale. Closing costs can vary but you can typically expect to be paying around 3% of your purchase price. The title of the property will now be transferred to you as the buyer, and you will recieve the keys to your new home!
Common
BUYER MISTAKES BEGINNING YOUR SEARCH BEFORE GETTING PRE-APPROVED Home buying can be exciting, so it makes sense to want to go straight to the fun part home touring. Shopping for a home before starting the pre-approval process with a lender can be a big mistake though and also cause you to waste a lot of time and energy. You don’t want to find your dream home, just to find out that it isn’t actually in your budget. Getting approved is how you will know exactly what your actual budget is, then you can begin touring home that fit within your criteria. Being approved also makes you as the buyer appear more serious to sellers. Sellers need to know that you can afford the offer you are giving them, giving you the upper hand against other buyers in the market. If you need a mortgage lender to start your process, let me know and I can connect you with a great one!
NOT WORKING WITH A REALTOR ® Buying a home is one of the largest purchases you will make during your life, you’re going to want an expert. As a REALTOR, we can lead you through the entire home buying process from start to finish. Knowing how to negotiate you the best deal for your home and being your rock throughout the entire process. Having a real estate expert in your corner can help ease anxiety and make your experience a great one.
NEGLECTING FIRST-TIME HOME BUYER PROGRAMS Many people don’t realize that first-time home buyer programs and grants can help you afford to buy a home. Certain states and cities provide these assistance programs, so be sure to check your local government websites to see if you qualify for additional financing. Making sure you have the right mortgage lender can make all the difference, to help you find the best loan type for you.
GETTING TOO EMOTIONAL It’s easy to fall in love with a home during your first tour, but that won’t solidify if your offer will be accepted. A lot of first-time home buyers give up so early on in their search because of losing the dream home they loved. With any financial investment, it’s important to make decisions based on fact and not emotion. There are a lot of different factors you should take into account when looking at homes besides the look of it. Always remember that this is an investment, and probably the largest one in your lifetime.
USING ALL YOUR SAVINGS Buying a house is expensive, and there is almost always expenses that will come with it after purchase as well that you will need to be prepared for if needed. Owning a home comes with unexpected maintenance costs along the way that you will need to be prepared for. Make sure to actually take time to build enough savings to be prepared for buying a home.
Financing Tips GET YOUR CREDIT IN CHECK Lenders look closely at your credit score when determining your mortgage loan. You’ll want to make sure your finances are prepared for this large investment. Make sure your payments are on time, avoid opening any new loans or credit cards, and make sure you are saving up for your down payments and costs that come with buying a home.
FIND THE RIGHT LENDER Shop around! You’ll want to find the best lender for you and your situation. Mortgage rates and fees can vary from lender to lender. Some lenders may be able to offer different dicounts, programs, or the type of loan. Finding what will work best for you is very important, after all you will be paying for this mortgage for a long period of time.
BE PREPARED When you’re ready to start your home search, you won’t want anything slowing you down from being able to start putting in offers. Having your documents and information ready will greatly help your lender get started. W-2’S FROM PAST TWO YEARS
FEDERAL TAX RETURNS FROM PAST TWO YEARS
PAY STUBS FROM PAST THIRTY DAYS
PROOF OF OTHER SOURCES OF INCOME
RECENT BANK STATEMENTS
OTHER LOAN PAYMENTS INFORMATION
PHOTO ID AND SOCIAL SECURITY CARD
RENTING HISTORY IF APPLICABLE
confidence
BUY YOUR HOME WITH
HERE AT HARRY NORMAN, REALTORS®, WE HAVE A FAMILY OF SERVICES TO BENEFIT YOU. In connection with the purchase or sale of your home, mortgage financing, title insurance, settlement services, and homeowners insurance may be necessary. Harry Norman, REALTORS® recommends that you consider our family of services to help you with these needs. Ask your Harry Norman REALTOR® or visit these services online through the websites listed below. When purchasing a home, customers can count on Prosperity Home Mortgage’s extensive resources and capabilities to address their unique financing requirements. Prosperity Home Mortgage, LLC is focused on value as well as quality. Therefore, they offer practical rate, term and closing options so our customers can effectively optimize tax advantages and leverage their capital. For more information, visit: PHMLoans.com.
As an independent insurance agency, HN Insurance Services represents a carefully selected group of nationally known insurance companies. HN Insurance’s independence allows their professional insurance agents the flexibility to shop and compare a wide variety of insurance and financial products for customers. Existing SERVICES
solely to serve the needs of the Harry Norman, REALTORS® organization, HN Insurance Services is a part of our team of trusted advisors. For more information, call 404-943-1899 or visit HNInsurance.com.
Township Title Services offers quality title services for buyers and sellers while providing a smooth closing experience. A strategic joint venture alliance between Harry Norman, REALTORS® and Campbell & Brannon, LLC, Township Title Services was created to provide buyers and sellers with the vast knowledge, skills, and experience of the Township Title attorneys and staff. Campbell & Brannon, LLC is a law firm at the forefront of real estate law and litigation in metro Atlanta and Georgia. Township Title shares a customer service philosophy with Harry Norman, REALTORS® which supports serving the client first and foremost. For more information, call 404-504-8700 or visit CampbellAndBrannon.com.
Get the peace of mind an American Home Shield Home Warranty provides. Harry Norman, REALTORS® has partnered with American Home Shield to offer comprehensive and affordable home warranty coverage, with unmatched customer service. American Home Shield has over 35 years of experience. Whether you are buying or selling a home, an American Home Shield home warranty eliminates the uncertainty of unplanned expenses for repair or replacement of covered items and limits your exposure to a reasonable deductible. For more information, visit HarryNorman.com/HomeWarranty.
Testimonials HIGHLY RECOMMEND “ Ryan is the best. He also assisted in helping me look for a house and did amazing things that really left me speechless and recommending him to anyone I know looking for a house. We will be on the search again soon and he is my guy.”
AMAZING TO WORK WITH “ To say Ryan is a great agent would be an understatement. Ryan is a wonderful human AND a great agent. He made us feel so secure in our decision to choose him to represent us. He made the house selling process so easy for us while we were on the other side of the country. We will be forever grateful for all of his hard work. ”
ACCOMMODATING “ Super professional - kept up with me and our insane timeline - Ryan’s great. ”
MARKET EXPERT “Ryan Carroll was the perfect partner for me to navigate the home buying process as a first time home buyer. Ryan was always available and introduced me to offer strategies that set me apart from other potential buyers. Ryan was also very accommodating and met me at properties in the early evenings after I got off work. He also worked late into the night to submit offers which was essential in this competitive market. I would recommend Ryan to anyone looking to buy a property.”
ATTENTION TO DETAIL “ I was very pleased with the overall attention to detail and quality of service I received. I will recommend Ryan to anyone needing a realtor in the Atlanta area.”
QUICK & EFFICIENT “ Ryan’s enthusiasm for my house and his energy level plus his willingness to attend to the details really stood out. I was moving out of state and needed to have someone representing the property who would be responsive to my questions and keep me updated on activity. I was pleased when the house went from listing to closing in just over 3 weeks. ”
OUTSTANDING “ Ryan did outstanding. Everything worked out and I would recommend him for sure. ”
SEAMLESS PROCESS “ I was impressed by Ryan’s attention to detail and how seamless the process was from beginning to end. I will recommend him for anyone looking to buy or sell I’m the greater Atlanta metro area. ”
HARRY NORMAN, REALTORS ®
EXPERIENCE AND EXPERTISE WITH A LUXURY SERVICE
ATLANTA’S FIRST IN LUXURY
RYAN CARROLL, REALTOR®, SRES® ropcrealty.com
C: 773-981-2743 | O: 404-897-5558 Ryan.Carroll@HarryNorman.com
Harry Norman, REALTORS® The Intown Office | 1518 Monroe Drive NE, Suite E | Atlanta, GA 30324 | 404-897-5558 | HarryNorman.com/Intown Above information is believed to be accurate but is not warranted. If your home is currently listed for sale this is not intended as a solicitation.