Ken & Angela Cornell buyer guide customer

HOME BUYER’S GUIDE

PRESENTED TO: TJ & Alexis Fillmer

Ken & angela cornell

Hello, we have been active in local real estate for over 20 years and would love to serve as your real estate partner. We have been married for over 33 years and except for a short stint in Atlanta and Rhode Island, we have lived in the Gainesville area for this entire time.

Ken was born and raised in Gainesville and attained his masters degree in accounting and currently serves in his third term as an Alachua County Commissioner. Angela was born in Jacksonville and taught elementary school in Gainesville, Jacksonville and Atlanta.

We chose to raise our two boys in this community and believe Alachua County is the best place in the world to raise a family. We are active in real estate, active in serving our community, and look forward to serving as Your Real Estate Partner.

A GOOD INVESTMENT

WHY BUY NOW?

PRIDE OF OWNERSHIP

DEFINING PRIORITIES

HIRE AN AGENT

THE BUYING PROCESS

THE SEARCH

HOME FINANCING

COSTS

BUYING A HOME: A GOOD INVESTMENT

Consider the rise in home values over the last 30 years The median price for a U S single-family home was $75,500 in 1990 and has increased to $416,100 in 2023. Buying a home not only provides a sense of stability but also offers the potential for long-term appreciation, allowing buyers to build equity over time, resulting in possibly their largest asset

FLORIDA’S GROWTH CONTINUES TO RISE YEAR OVER YEAR

Unlike renting, where payments provide no long-term return, homeownership allows individuals to invest in their future. As you make mortgage payments, you gradually own a larger share of your property, which can result in substantial financial gains over time

Additionally, owning your own home provides more stability and predictability in your housing costs. Unlike renting, where landlords may increase rent at any time, a fixed-rate mortgage ensures consistent monthly payments for the life of the loan

21% of buyers in Florida are first-time home buyers

Life is dynamic, and circumstances change

Homeownership provides the adaptability needed to navigate these changes. Whether it's accommodating a growing family, responding to career opportunities, or adjusting to changes in financial situations, the freedom to rent or sell ensures that homeowners can align their housing choices with their evolving needs

WHY BUY NOW?

WHY BUY NOW?

LONG-TERM INVESTMENT

The gradual appreciation of real estate values over time, coupled with the equity built through mortgage payments, serves as a reliable means of increasing one's net worth Additionally, the stability and predictability of fixed-rate mortgages contribute to financial security, as homeowners can plan for consistent housing costs over the life of the loan.

SENSE OF COMMUNITY

Homeownership often fosters a stronger connection to the community As a homeowner, you may be more inclined to engage in local activities, build relationships with neighbors, and contribute to the overall well-being of your community.

Owning your own home allows you to personalize and modify your living space to suit your preferences You have the freedom to decorate, renovate, and make structural changes without the need for approval from a landlord Your home becomes a canvas, allowing you to tell your story through every carefully chosen detail.

PERSONALIZATION AND CONTROL RENTS CONTINUE TO RISE ACROSS THE COUNTRY

The rate of rent increases is outpacing the growth in home prices, resulting in a situation where, in most of the United States, it is now more cost-effective to purchase a home

PRIDE OF OWNERSHIP

Beyond the financial and practical aspects, homeownership brings a profound sense of personal satisfaction This pride of ownership is a powerful and intangible value of homeownership that goes beyond the obvious benefits of shelter and investment It embodies the deep sense of satisfaction and attachment that comes with having a place to call one's own. People often take great pride in maintaining and enhancing their properties, contributing to a strong sense of identity and belonging within the community.

The fulfillment derived from cultivating a space that is uniquely yours, combined with the financial investment in a property, creates a sense of rootedness, stability, and satisfaction that distinguishes homeownership as a significant and cherished life achievement.

"Owning your own home is not just an investment; it's a source of pride and happiness, a place where dreams take root and memories blossom."

86% of Americans consider homeownership to be a significant element in achieving the ‘American Dream’

DEFINING PRIORITIES

Almost every home search involves some form of compromise, which is why it’s important to establish your wants and needs before you begin your search There are many things to consider including location, budget, and future plans.

Though you may fall in love with a home’s living area, backyard, or kitchen, you need to take into account what a community can offer you, and if the home fits with your short-term and long-term goals Investing time in understanding the community can significantly impact your satisfaction with both the house and its surroundings for years to come

LOCATION

Consider proximity to work, schools, public amenities, and recreational spaces When searching for homes, look at the neighborhood's community vibe, and overall ambiance

INTERIOR SPACES

Identify your must-have interior features, such as the number of bedrooms and bathrooms, and specific design elements

Consider factors like natural light, storage space, and the overall flow of the home, but always keep in mind what is considered a must-have vs a nice-to-have

EXTERIOR SPACES

Evaluate the outdoor areas, including the backyard, front yard, and any additional land

Assess privacy, and potential for future enhancements Do you have pets or children? Do you plan to add a deck, a fence, or a pool? Make sure that the exterior of the property meshes with your goals for homeownership

REASONS TO HIRE AN AGENT

NEGOTIATIONS KNOWLEDGE

In today’s real estate market, having a skilled negotiator on your side is paramount and can result in substantial savings. The negotiation process may extend through multiple rounds. Choosing a professional with expertise in managing negotiations can be a strategic advantage, safeguarding your financial interests throughout the intricacies of the homebuying process

SOMEONE WORKING FOR YOU!

A real estate professional offers full-service assistance by taking the time to understand your preferences and requirements, delivering crucial information on the property, comparable sales, and pertinent community and tax data Beyond these services, a buyer's agent can facilitate access, coordinate and attend home inspections on your behalf, address any questions or concerns regarding reports or contracts, and more. Partnering with a real estate professional ensures access to the knowledge and support necessary for you to make buying decisions with confidence and comfort.

While anyone can access headlines online, a Realtor serves as a valuable resource in effectively interpreting current market conditions and translating their implications. While some homebuyers start their search with a clear vision, others may have only a vague idea Striking the right balance between specificity and broadness is crucial A real estate agent plays a pivotal role in prioritizing your preferences, and shedding light on options you may not have considered The guidance of a professional goes beyond information retrieval, providing essential insights to streamline your homebuying journey.

THE DETAILS

Navigating through the contracts, disclosures, and necessary paperwork in the real estate process can be overwhelming, especially given the constant changes in industry regulations. Having a real estate professional by your side is invaluable Your agent will manage the paperwork, provide guidance and clarification, and ensure you have a comprehensive understanding of the process

EFFICIENCY GUIDANCE

Real estate professionals streamline the homebuying journey, curating a selection of properties tailored to your unique criteria. This saves you time and allows you to direct your focus towards homes that perfectly align with your needs Freed from the burden of logistical concerns, you can confidently embark on a more refined and personalized exploration of homes that resonate with your vision of the ideal living space

LOGISTICS

Agents work hard to take the hassle out of the homebuying process by expertly managing property showings on your behalf. From coordinating the scheduling to providing insightful information during each viewing, your agent is committed to facilitating an optimal exploration of potential homes Once you have a contract on a home, your agent's thorough approach ensures that you are well-informed and empowered to make confident decisions through the inspection, appraisal, and closing process

Realtors assist buyers in coordinating and interpreting home inspections, ensuring that any issues are addressed appropriately. This guidance is crucial for making informed decisions about the property's condition

PROFESSIONAL NETWORK

Generally, Realtors have access to an extensive network of professionals, including lenders, inspectors, and title companies This network ensures that buyers have access to reliable and trustworthy service providers throughout the homebuying journey.

PEACE OF MIND

Working with a professional familiar with the local market provides you with a sense of security and confidence throughout the process. Your agent can serve as an advocate, offering support and expertise, with the goal of ensuring a positive and successful homebuying experience.

The buying Process

THE DECISION

You have made the huge decision to buy a home and you're ready to get started on this journey!

As a real estate professional, I have access to a variety of resources to find a home that fits your needs. Take notes and ask lots of questions! This collaborative approach empowers you with the knowledge needed to make informed decisions throughout the search

CONTRACT TO CLOSE

During this period, inspections will be performed and all necessary documentation to close is organized

THE SEARCH MOVING PREPARATION

Time to celebrate the purchase of your home! Questions may come up along the way, but just like the closing, this isn’t something you have to do alone I’ll keep in touch with you as you’re settling in, and I encourage you to reach out if you have any questions of concrens.

It’s time to establish your priorities for your home. This includes outlining your preferences for location, size, and amenities to ensure a focused and efficient home-buying experience

Once you’ve found a property that checks all the boxes, I will help you craft a competitive but reasonable offer

Once we submit the offer, it will either be accepted, rejected, or the seller will make a counteroffer, and we’ll go from there

FINDING “THE ONE” CLOSING

Together, we will perform a final walkthrough to verify the property condition matches your expectations. Once the closing documents are signed and your final funds are received, the deed is recorded with the County Recorder's Office and you are officially closed!

THE SEARCH

As we start looking at homes, it's essential to keep a discerning eye on both the tangible and intangible aspects of each property. You’ve already established your priorities and now it’s time to leverage my real estate expertise to not only navigate the logistics of the showings, but also to gain a deeper understanding of the market, allowing you to make an informed decision.

You may want to take photos or keep notes as you look at homes. If you’d like a more detailed worksheet like the one below, let me know!

THE HOME

Kitchen

Kitchen Appliances

Laundry Appliances

Fireplace

FINANCING INFORMATION

FINDING A LENDER

Shopping around for lenders involves an evaluation of multiple factors beyond just interest rates Let’s keep an open line of communication throughout this process Keep in mind that I am always a resource for you, and a well-informed choice in selecting a lender can contribute to a smoother mortgage process and a more favorable homeownership experience.

“It is never too early to get preapproved. Whether you are looking to purchase in a month or a year, the pre-approval process gives you insight into your buying power, budget, and credit standing.”

WHAT TO AVOID:

Changing jobs, quitting your job, or becoming self-employed.

Buying a new car or other large purchases

Letting your accounts fall behind, or excessively using your credit cards

Spending money you have set aside for closing

Omitting debts or liabilities from your loan application.

Changing bank accounts

Co-signing a loan for anyone

BUYER AGREEMENT

Once you have a preapproval, you may receive a buyer's agency agreement from me This document identifies your designated representative for your home purchase.

ESCROW DEPOSIT

In the context of real estate, an escrow deposit is a monetary amount provided by the buyer to demonstrate their serious intent to purchase a property The escrow deposit is held by a neutral third party such as a title agency or attorney

INSPECTION

Costs for inspectors, general contractors, radon testing, and termite inspectors will vary based on your choice of professionals and elements of the property

APPRAISAL

Lenders usually require an appraisal to assess the fair market value of the property

This fee is typically collected by the lender at point of contract, and can vary depending on many different factors.

HOME INSURANCE

When in the process of buying a home, it's optimal to explore various options and secure the most favorable deal on home insurance.

Generally, homebuyers incorporate home insurance into their mortgage payments.

TITLE INSURANCE

This is a state-mandated type of insurance that provides protection to property owners and lenders helps safeguard the interests of property owners and lenders by addressing potential issues related to the title Title insurance is an essential component of a real estate transaction, helping to reduce the risks associated with potential title defects and ensuring a smoother transfer of property ownership for both the seller and the buyer

SURVEY

Property surveys determine property boundaries, and the costs varies based on lot size and location. The survey details land characteristics and documents, any improvements or encroachments

FRAUD WARNING

Unfortunately, instances of fraud are on the rise and It is important for property buyers to be vigilant during the homebuying and closing process Do not respond to any email or phone call form anyone saying they are from the closing company, or bank saying you need to wire funds somewhere other than what your title company has told you. If you do get an email or phone call, contact your Realtor or title company directly to confirm any instructions you have received

WHAT IS A HOME INSPECTION?

A home inspector is a qualified professional who visually inspects the structure and accessible components of a home to identify any immediate or potential problems. They should provide a comprehensive report with photos and descriptions of any problem areas, and may also include recommendations for further evaluation.

77% of all homes are inspected prior to purchase

I will review the Home Inspection Report with you, ensuring that you fully understand its findings and implications. Together, we'll discuss potential concerns, and I will guide you through the strategic next steps.

WHAT DOES A HOME INSPECTION COVER?

In a general home inspection, an inspector checks the following to assess the overall physical condition of a property:

Home’s Exterior: Involves examination of foundation, walls, garage, roof, grading, drainage, stairways, driveways, walkways, doors, windows, patio, deck, balconies, and fencing

Home’s Interior: Involves inspection of the plumbing system, electrical system, HVAC, ceiling, floor, kitchen, and attic.

During the inspection period, you may choose to hire additional inspectors to look at the property Some common type of home inspectors include termite/pest inspector, radon inspector, septic tank inspectors, and structural engineer

Q: How do I determine my budget for buying a home?

A: Start by assessing your finances, including income, expenses, and savings Get preapproved for a mortgage to understand your loan eligibility and establish a realistic budget

Q: What's the difference between pre-qualification and pre-approval?

A: Pre-qualification provides an estimate of how much you can borrow, while preapproval is a more thorough process involving a lender's commitment to loan you a specific amount Pre-approval strengthens your negotiating position

Q: How do I choose the right neighborhood?

A: Consider factors like proximity to work, schools, and amenities. Your agent can offer insights into various neighborhoods to align with your preferences.

Q: What is the role of a Homeowners' Associations (HOAs)?

A: HOAs manage and enforce rules for a community. They often charge fees for maintenance and amenities. Your realtor can provide information on HOA regulations and associated costs for a specific property.

Q. How do negotiations work in real estate?

A. Your Realtor® will help craft and present offers, negotiate with the seller, and guide you through counteroffers. This expertise is invaluable in securing the best deal for you.

Q: How long does the home-buying process typically take?

A: The timeline can vary, but on average, it takes about 30 to 45 days from the time your offer is accepted to the closing. Delays can occur, so flexibility and communication are key throughout the process.

WHERE DID BOSSHARDT BEGIN?

What started out as Carol Bosshardt and a three-Realtor® team, has developed into a comprehensive suite of real estate solutions, all under one roof, and including Residential and Commercial Sales. The company boasts over 100 realtors, in-house marketing, unmatched administrative support for our agents, global reach through our affiliation with Leading Real Estate Companies of the World, and the most strategic insights into our local market.

WHERE IS BOSSHARDT NOW?

Aaron Bosshardt, Carol’s son, is the current owner of Bosshardt Realty Services, LLC. Guided by innovative thinking and the same customer-first approach, Aaron has grown the company into what it is today He supports his agents and staff with a wealth of knowledge and three decades of real estate experience He also ensures that every Bosshardt customer works with the best trained team in order to help them accomplish their real estate goals

Aaron Bosshardt

Owner/Broker

Aaron is an expert in business development, strategic asset management, real estate brokerage and property management As brokerowner, Aaron has overseen more than 50,000 successful real estate transactions, including over two billion in closed commercial sales and leases He is dedicated to maintaining a reputation built on quality, service, and uncompromising ethics

TODD LOEFFLER

President/Broker

Todd has been a top-producing real estate agent since 1997 He oversees the day-to-day activities of Bosshardt’s dedicated Realtors® and staff.

Todd knows what it takes to be successful in the ever-changing real estate market. He is committed to providing Bosshardt Realty’s customers and clients with the most comprehensive real estate services in North Central Florida

The BOSSHARDT WAY

When it comes to the communities and customers we serve, we’re all in! What does it signify for a real estate company to operate with an “all in” mindset? It’s all about a profound passion for our work and the places we call home, which resonates through every aspect of our operations. We’re homegrown in North Central Florida and our commitment to the region runs deep, fueling our passion for making a positive impact in the neighborhoods we serve We firmly believe that real estate is more than just buying and selling properties; it’s about fostering strong connections and enhancing the lives of individuals and families We strive to be more than just a real estate brokerage; we aim to be a trusted partner and neighbor, working tirelessly to contribute to the growth, vitality, and well-being of our region.

Last year, with the help of agents, staff, and customers, Bosshardt donated more than $142,000 to non-profit organizations in North Central Florida Our passion for building a better future drives us to focus on Florida-based non-profit organizations that align with Bosshardt’s vision to solve problems with real-world solutions and empower fellow Floridians. We believe that excellence, generosity and balance are foundational to selling, to work and to life.

On January 9, 2023, the Bosshardt Family of Companies announced donations totaling $90,000 to three local charities through the non-profit arm, Bosshardt Charitable Fund. These funds were generated during the annual Dancing Through the Decades event and were equally distributed among three deserving organizations: Aces in Motion, The Scott Loeffler Memorial Fund for Mental Health, and The Norman Fixel Institute for Neurological Diseases

“Bosshardt is committed to making a positive impact in our community and this year, we set our highest contribution goal to date,” said broker/owner Aaron Bosshardt. “Our agents and staff are honored to partner with so many great organizations. We know that the work they do in Gainesville and the surrounding areas is necessary and meaningful, and makes our community stronger.”

NEIGHBORLY

Bosshardt is proud to be North Central Florida's #1 Independent Brokerage. Bosshardt Realtors® are experts who bring unparalleled local knowledge to the table, and we believe that our dedication to the communities we serve is what sets us apart and allows us to help our customers navigate the market with confidence

PASSIONATE

Simply put, we love what we do, and it makes all the difference between providing a service and delivering an experience We fully commit to every task, providing well-rounded solutions that don’t shy away from the details We firmly believe that real estate is more than just buying and selling properties; it’s about fostering strong connections and enhancing the lives of individuals and families. We strive to be more than just a real estate brokerage; we aim to be a trusted partner and neighbor, working tirelessly to contribute to the growth, vitality, and well-being of our region.

PROFESSIONAL

We pride ourselves on being a team of knowledgeable specialists embodying an exceptional level of professionalism, both with our customers and among our peers. Our dedication to the highest quality service, efficiency, and insight is unparalleled.

"When it comes to finding a home, it's not merely a matter of selection; it's a process of thoughtful elimination, guiding you towards a property that aligns with your lifestyle."