Buyer Guide

TOP AGENT / BROKER

EVERNEST REALTY PROVIDING PREMIER SERVICE

PRESENTED BY THE JULIA FENG GROUP THE COMPLETE GUIDE TO BUYING YOUR HOME

Julia Feng BROKER | OWNER

Julia.evernestrealty@gmail.com | License No. 0144606 7336 W Post Rd Suite 101, Las Vegas, NV 89113 E ve rN e st R ea l ty .n e t

TEAM LEAD

JULIA FENG

Featured Agent on "The American Dream" TV Show Featured in Top Agent Magazine Top Producer Award in Real Estate Rising Star Award in Real Estate Top 25 Women in Real Estate - Las Vegas Top 250 Realtors in Las Vegas Member of Chinese Chamber of Commerce Member of Asian Real Estate Association of America Specializes in Interior Design, Home Staging, and Construction

JULIA.EVERNESTREALTY@GMAIL.COM

(702) 588-1080

JULIA FENG'S

A C C O M P L I S H M E N T S

SPECIALTIES

Certified Divorce Real Estate Expert Homes for Heroes Real Estate Specialist

JULIA FENG'S

D E S I G N A T I O N S

CLHMS - CERTIFIED LUXURY HOME MARKETING SPECIALIST™ SRS - SELLER REPRESENTATIVE SPECIALIST SFR - SHORT SALES AND FORECLOSURE RESOURCE CERTIFICATION ABR - ACCREDITED BUYER'S REPRESENTATIVE CNE - CERTIFIED NEGOTIATION EXPERT MRP - MILITARY RELOCATION PROFESSIONAL MVHC - MILITARY AND VETERAN HOUSING CERTIFICATION

MEET THE TEAM Marketing Coordinator

Transaction Coordinator

Creates and implements

Oversees all aspects of

marketing campaigns

transactions

Builds client relations

Prepares all necessary documentation

Sales Manager

Office Admin

Manages real estate agents

Maintains Client Relationship

and creates incentives for

Management (CRM) systems

agents to close sales

Performs administrative duties

Buying & Listing Agents

Showing Agents

Provides assistance to sellers

Shows homes to buyers and

and buyers in marketing and

caters to the client's schedule

purchasing property for the best terms and price

CONTENTS Introduction

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What to Look For When Searching For Your Home

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Financing

10

Monthly Payment

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Financing Options

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Special Programs

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Homes for Heroes

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New Home vs Resale

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New Home

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Resale

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Seven Steps to Buying Your Home

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MLS Client App

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Buyer Resources

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Reviews

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We build relationships before, during, and after the process. We turn clients into neighbors. We close transactions to open new chapters and new legacies.

Comprehensive Line of Business Commercial Residential Luxury Properties Short Sales REO's

Languages Our Team Speaks Spanish Chinese Korean Tagalog English

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WHAT TO LOOK FOR WHEN SEARCHING FOR YOUR HOME

How many family members?

Size? Beds? Bath?

1 story? 2 story?

Location / Commute Budget / Payment Garage / Parking School zone Pool

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9

FINANCING

Overall Guidelines Two Years Work History

What's Your Ideal Payment?

1.5x - 2x of current rent 35% - 45% of income

Minimum Credit Score Debt-to-Income Ratio

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MONTHLY PAYMENT INCLUDES:

Principle (Sales Price)

Interest (Interest Rate)

Tax (Year Built / Age)

Insurance (Pool, Location)

HOA (HOA, Master Plan, SID/LID)

PMI (Private Mortgage Insurance)

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FINANCING OPTIONS

0% down payment No private mortgage insurance 60% average debt-to-income ratio Average credit score of 550

3.5% down payment Private mortgage insurance 55% average debt-to-income ratio Average credit score of 580

3% - 30% down payment PMI for less than 20% No PMI for greater than 20% 45% average debt-to-income ratio Average credit score of 629

VA LOAN

FHA LOAN

CONVENTIONAL LOAN

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SPECIAL LOAN PROGRAMS Down payment assistant program Closing cost assistant program Government grant assistant program Homes for Heroes Special zip code grants Bank statement program Foreign national program

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savings4heroes.org

Homes for Heroes Our mission is to provide extraordinary savings to heroes who provide extraordinary services to our nation and its communities every day.

Since 2009, Homes for Heroes, Inc., has helped over 41,000 heroes save over $70 million on their real estate transactions, sold over $7.5 billion in real estate to heroes, actively partnered with more than 3,500 like-minded real estate and mortgage professionals who've joined in the mission, and donated over $836,000 to heroes in need through the Homes for Heroes Foundation.

Homes for Heroes, Inc., is the largest nationwide network of affiliate real estate, mortgage, and local business specialists; committed to providing easy ways for heroes to save on a home. Shortly after 9/11, Homes for Heroes, Inc. was established to give back to firefighters, EMS, law enforcement, military (active, reserves & veterans), healthcare professionals and teachers for all they do.

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Circle of Giving

Homes for Heroes provides heroes with more savings than any other national program. When heroes buy or sell a home using Homes for Heroes, they also help other heroes in need because Homes for Heroes, Inc. donates a portion of its earnings to the Homes for Heroes Foundation. This Circle of Giving strengthens American communities by putting more money into the hands of our American heroes, and benefits American community programs, organizations and businesses.

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Frequently Asked Questions Who qualifies as a hero?

Qualifying heroes include, but are not limited to current and former firefighters, paramedics, EMTs, law enforcement and all other first responders. All ranks of active military, reserves and veterans of the U.S. Army, Navy, Air Force, Marine Corps and Coast Guard. All nurses, doctors and other healthcare professionals. Also, Pre-K, elementary, secondary and post-secondary teachers. Please contact us if you would like to know if you qualify.

Is Homes for Heroes for-profit or nonprofit?

Homes for Heroes, Inc., is a for-profit cause-related company that fuels a "Circle of Giving" by providing real estate services and Hero Rewards savings to our nation's heroes. This enables Homes for Heroes, Inc., to donate a portion of its earnings to the Homes for Heroes Foundation, a charitable nonprofit that helps heroes in need as it pertains to housing or emergency financial assistance.

How does the Homes for Heroes Foundation work?

The Homes for Heroes Foundation is a nonprofit private charitable foundation that awards hero grants to local nonprofit charities who serve our heroes in need as it pertains to housing or emergency financial assistance. When heroes buy or sell a home using Homes for Heroes, Inc., they are helping heroes in need because Homes for Heroes, Inc., donates a portion of its earnings to the foundation.

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REVIEWS "The whole selling/buying process went wonderful with the Homes for Heroes program. I am a Special Education Teacher and LOVE my job! This extra help while moving has been amaz ing. Thank you so much for helping me and my family. Many blessings that your program is able to help others in the years to come."

-Roxanne (Teacher, CO)

"Totally surprised, and very humbled, and honored! I've been a nurse for many years and was very surprised to receive money for buying a house! I've never heard of this before but have told everyone at work!

I truly felt appreciated!"

-Jolene (Healthcare Work, IA)

"This program is simply amazing! As everyone knows, buying or selling a house is stressful and costs a significant amount of money. I was able to use my Homes for Heroes check to buy all my furniture for my new house.

Awesome program! Thank you guys so much!"

-John (Law Enforcement, CA)

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NEW HOMES

Base Price + Premiums Due diligence: 5 days No multiple offers First come, first serve Closing cost incentives Higher closing cost Home warranty 1st year for free Energy efficient Lower power bill

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WHY YOU NEED AN AGENT WHEN YOU PURCHASE A NEW HOME An agent has key knowledge about the construction process. They know when you’re getting overcharged and when to ask for deals Agents will negotiate the terms of the agreement with the builder for you They will protect you from builders that may try to take advantage of you

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RESALE

How to take advantage of due diligence?

What are the different ways to save your earnest money deposit?

How to make your offer more appealing in a "multiple offers" situation?

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HOW TO TAKE ADVANTAGE OF DUE DILIGENCE Cancel within 10 days EMD fully refunded 1. Write up offers on multiple properties 2. Hold properties for up to 10 days 3. Write up 1st offer -> Write up 2nd offer -> 1st offer accepted -> Cancel 2nd offer 4. Deposit EMD within 1 or 2 business days 5. Complete inspection & repair agreement within 10 days

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THE DIFFERENT WAYS TO SAVE YOUR EARNEST MONEY DEPOSIT

Within due diligence period Appraisal contingency Loan contingency HOA resale package review period down payment

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$400,000 Waive appraisal contingency completely

$410,000 Waive appraisal contingency partially

$420,000 Clean offer Keep appraisal contingency

$430,000 Dirty offer Seller contribution Keep appraisal contingency

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7 steps to buying your home Get Pre-approved

Begin House Hunting

Write Offer

Home Inspection

Order Appraisal

Final Walk-Through

Close of Escrow

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MLS CLIENT APP

Join the community on the MLS Client app

Convenient search and save functions, tips, articles, and more

Download the "MLS Client" app in the App Store or the Google Play Store, or use the link: mls-client.com/513EF935

•Updates instantly

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•User friendly

•Accurate data

BUYER RESOURCES

Buyer Guide

Utility List

Relocation Guide

Vendor List

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"What more can I say than WOW! Julia and her team are on top of their game. I highly recommend this team to anyone. Their superior knowledge and expertise are by far the best in town."

-CHRIS O.

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"Julia takes initiative and moves quickly.

She has extensive knowledge of the real estate profession, and is straight forward and friendly. She will be my realtor for my next purchase for sure!! I used the Homes for Heroes program with Julia, and I have given her contact information to my friends and colleagues in the medical procession. Thanks, Julia!!"

-TARA M.

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"Working with a professional is always a pleasure! She educated me and showed me options no other agent did!"

-KATHY P.

"Julia was one of the best real estate agents I had the pleasure of working with.

Straight to the point and more proficient in the market than most agents. Highly recommend."

-DANIEL L.

"Julia was efficient, knowledgeable and reliable. We will definitely do business with her again."

-KOU R.

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"Julia is the perfect real estate agent. She's very kind, helpful, and fights for you. Overall a great professional."

-ZACK M.

"I am back for more services! I could not be happier with how Julia handled the sale of our home. She was there with us every step of the way and answered all our questions with knowledge and expertise quickly that kept our sale on track. And she negotiated for much more than our asking price!"

-MYLAN

"Julia and her fantastic team helped me and my wife find a beautiful home here in the valley. We cannot be more appreciative. Definitely the place to go if you need to find a property in Las Vegas with the best customer service!"

-CLIFF M.

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