Understanding Credit – Worthiness

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Taxes Matter

One of the considerations in buying a home is property tax. Your EBA will research and explain property taxes in detail so that buyers are comfortable with the tax collected at the time of closing and property taxes due in the future.  Your EBA will advise you what the property taxes are for a home you’re considering buying. Also your EBA will walk you through the process of tax rate changes and the impact it will have on the home of your choice. Finally, an EBA will confirm the taxes due by calling the local tax assessor’s office before you get anywhere near a closing table.

NAEBA-member EBAs adhere to the strictest Standards of Practice .

Before you buy, refer to our list of questions a homebuyer should ask their mortgage lending institution .

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Understanding Credit – Worthiness

Author: admin  //  Category: Credit, EBA, Exclusive Buyer Agents, Uncategorized, Understanding Credit - Worthiness  //  Comments (0)  //  Add Comment

When it comes to home mortgage loans, one size does not fit all. Your mortgage loan is affected by:

  • Your credit score.
  • An analysis of your ability to repay the mortgage based on the monthly payment, including property taxes and insurance on the property, plus recurring monthly expenses compared to existing and projected monthly income.
  • Your liquid financial resources seasoned for 60 days prior to application.
  • An independent appraisal of the property.
  • A government loan—FHA, VA or FmHA mortgage—may offer:
  • No money down or small cash layout
  • Lower interest rates
  • Long loan terms
  • No prepayment penalties.

A variety of other loan products, such as jumbo loans for more expensive purchases, are considerations too. The counsel of an experienced EBA professional will help you identify the right mortgage for your needs with the best rate and terms possible.

NAEBA-member EBAs adhere to the strictest Standards of Practice .

Before you buy, refer to our list of questions a homebuyer should ask their mortgage lending institution .

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Executive relocation services are a natural fit for EBAs

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HR Departments find working with EBAs to be especially beneficial because EBAs understand how important good communication is when it comes to a seamless move. As well, EBAs understand the pressures executives are under while relocating their lifestyle to fresh surroundings as they simultaneously address the demands of a new career.

EBAs understand that a sense of community is proven to benefit couples and their children. A study by USAA shows that 66 percent of children said the hardest part about moving was leaving friends; whereas only 6 percent believed the move itself was the most difficult.

An HR rep can ease the pressures of just such a move by referring an exec to a professional EBA. EBAs are the optimum referral because they:

  • Purposely do not take listings, remaining free of biased opinion
  • Candidly advise homebuyers about the area, schools, recreational facilities and housing options
  • Identify best values including luxury real estate
  • Pinpoint property that will tend to appreciate faster and maintain a better resale value.

Before you book a house-hunting tour, look for an EBA. All of the NAEBA’s member  Realtors are:

  • Good communicators
  • Email daily (listings and photos) so that you can study the market at a distance.
  • Uses the Internet to keep relocation expenses down, especially long-distance.

NAEBA’s reliable and trustworthy member agents abide by a Code of Ethics committing to responsibility, competence and loyalty. Contact NAEBA today at 800-986-2322.

Contact NAEBA with any questions regarding finance at

800-986-2322

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Happy Thanksgiving!

Author: admin  //  Category: EBA, Exclusive Buyer Agents, Morgage Lender, Short Sales, corporate, foreclosure, relocation  //  Comments (0)  //  Add Comment

Happy Thanksgiving everyone! From everyone from NAEBA!

Thanksgiving glitter graphic

Contact NAEBA with any questions regarding finance at

800-986-2322

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Financing

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Questions to Ask Your Mortgage Lender

An EBA will advise you to shop for a loan until you find the right mortgage for you. Here are some questions that will help you determine which lender and loan is best for you.

Which type of loan is best for me?
What is my interest rate and annual percentage rate?
Will there be origination fees?
What are ALL the costs?
Can I lock into a rate?
Are there any penalties for pre-payment?
Will you guarantee GFE?
How much time do you need to fund my loan?
What is a yield spread premium?
Do you handle your own underwriting?

Contact Naeba For any questions regarding finance at

800-986-2322

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Commercial Real Estate

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Insight and Service

Whether you’ve decided it’s time to stop leasing and start owning your business building, or if you’re purchasing a second, third or fourth location, the value-add of an EBA’s counsel will be reflected in your bottom line numbers. An EBA will field options you may not have considered along with listings that may be quietly offered for sale.

Most business owners only make a commercial purchase a handful of times over the course of their careers. So they appreciate being able to rely on an EBAs insights and services to get the deal done with as little disruption to their schedules and ongoing business operations. An EBA understands the value of a business-owner’s time and respects that. An EBA performs due diligence on behalf of the business-owner that will save exponential expenses down the line.

Another plus in buying your building through an EBA is that the EBA is up-to-date on the newest laws and zoning requirements, disclosing that information to you prior to making a purchase.

Contact Naeba For any questions regarding relocating at

800-986-2322

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Luxury Property

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Luxury Re-Defined

Ever read a handful of property descriptions for homes across the board and found that the most often used adjective is “luxury?”

One man’s luxury is another’s necessity.  Just because a master suite features walk-in closets or a soaking tub does not necessarily qualify it as a luxury buy. The features of a luxury home are as dependant upon the attributes of the neighborhood in which it is located as much as custom cabinetry, elite appliances and detailed woodwork distinguish fine construction from mediocre.

True luxury neighborhoods are composites of several social indicators, not just ample square footage. Some of the characteristics that an EBA will evaluate for a buyer are security levels including staffed guard gates, the long-standing history of the neighborhood, amenities afforded residents including club memberships and services as well as architectural controls and plans for the development of adjacent land.

When it comes to assisting buyers who are seeking luxury properties, no one is better at it than an EBA. EBAs are thoroughly informed on the nuances of luxury properties that separate a good buy from one that can result in disappointment down the line. A seasoned EBA is easily able to report to a prospective buyer the finer points in a home’s construction and/or location that will sustain its reputation over time.

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Questions to Ask Your Mortgage Lender

Author: admin  //  Category: EBA, Exclusive Buyer Agents, Morgage Lender, Uncategorized  //  Comment (1)  //  Add Comment

An EBA will advise you to shop for a loan until you find the right mortgage for you. Here are some questions that will help you determine which lender and loan is best for you.

  1. Which type of loan is best for me?
  2. What is my interest rate and annual percentage rate?
  3. Will there be origination fees?
  4. What are ALL the costs?
  5. Can I lock into a rate?
  6. Are there any penalties for pre-payment?
  7. Will you guarantee GFE?
  8. How much time do you need to fund my loan?
  9. What is a yield spread premium?
  10. Do you handle your own underwriting?

Contact Naeba For any questions regarding relocating at

800-986-2322

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Relocating

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Straight Talking, Unbiased EBA’s Are Here To Help

You can count on unbiased, straight answers from an EBA about schools, shopping, recreation, etc.  EBAs help buyers identify neighborhoods that are compatible with your lifestyle when relocating.  EBAs are trained to:

  • communicate well even at a distance
  • use daily emails of listings and photos so that you can study the market from your desk chair in another city
  • Help you narrow down options, making your time more productive—a special concern when the demands on your time are on overload.

NAEBA’s trustworthy member agents can help you shop for a home long-distance without worry. EBAs operate by a Code of Ethics outlining a firm commitment to responsibility, competence and loyalty.

Contact Naeba For any questions regarding relocating at

800-986-2322

Corporate Relocation

Author: admin  //  Category: Exclusive Buyer Agents, Short Sales, Uncategorized, corporate, foreclosure, relocation  //  Comments (0)  //  Add Comment

An Exclusive Buyer Agent Helps You Every Step of the Way

When you’re expanding your operations—gearing up for a specific project and massive growth—your key team members are occupied with serious functions. Instead of burdening the HR team with relocation responsibilities too, engage a professional team of Real Estate Agents to take over this function completely. That way you and your key management team can concentrate on the important stuff—like running a global enterprise in trying economic times.

Using a NAEBA member real estate agency, you can rest assured that your new employees will get the best advice and finest customer service possible as they relocate. They’ll be provided with thorough due diligence that can save your new employee worry and time. When the goal is to make the moves of so many people seamless, there’s only one wise way to achieve that. Retain an NAEBA real estate firm to handle everything A – Z.

Contact NAEBA with any questions at

800-986-2322