For
most people, buying a home is the largest financial commitment they will make in
their lifetime. So, it's very important that you select an experienced
buyer's agent that is currently helping
other buyers search for homes. The real estate market and seller
expectations of buyers are constantly changing, so an active buyer's
agent will be able to give you insights that will help you submit the
strongest possible offers to maximize your success in purchasing
a home. Kevin Nakano, a buyer's agent expert specialist
and Realtor, has helped
buyers successfully purchase homes in Sacramento,
Placer, San Joaquin, Yolo and Solano counties (Sacramento,
Roseville, Folsom, Natomas, Elk Grove, West Sacramento, Woodland,
Lodi, Stockton, Davis, Fairfield areas) since
2003.
"Kevin
was consistent and timely in providing excellent advice in our purchase...from initial search through bargaining to setting a
reasonable and fair price to the closing of the sale...he was
always there to protect our interests. We
would never hesitate to recommend Kevin to anyone buying or
selling a property."
Kevin
is an active and experienced buyer's agent. He has experience with
helping buyers successfully purchase all three types of home listings:
traditional, bank owned (REO) and short sale.
Please note, each type of listing is very different and
you'll want to make sure your buyer's agent understands and has
experience with each type of transaction to maximize your chances of
getting the home you desire.
Traditional Listings -
Traditional listings are properties being listed by a regular
homeowner. Traditional listings are desirable for buyers
because they can respond to a buyer's offer much faster than bank and they are emotionally tied to the property
and have a vested interest in selling the property. Another
desirable trait of a traditional listing is that the seller will
provide you with disclosures about the history/condition of the
property, where as a seller that is a bank will not. But, the drawback
to traditional listings are that sellers are emotionally tied to the
property, may have unrealistic selling price expectations, and may
not make their decisions based on business logic (they make their
decisions based on emotion).
Bank Owned Listings (REO
Properties) - REO listings are properties that have gone
through the foreclosure process and are now owned by the
lender/bank. REO listings are desirable because they can
respond to a buyer's offer within a week or two depending on the
situation. Seller's (bank) of REO properties are not
emotionally invested in the property and usually make decisions
based on business sense. Banks use their own
addendums that have control over the original purchase agreement and
their process is different than a traditional listing in terms of
protocol and timeframes. The drawback to purchasing an
REO property is that the bank has never lived in the property, as a
result the bank will not be able provide the buyer with any
disclosures about the history of the property or its current condition. Seller's (banks) of
REO
properties generally will not make any repairs to the property, thus
the buyer usually purchases the property in its current condition.
Short-Sale Listings -
A short-sale listing (property for sale as a short sale) is when a
homeowner owes more on the property than he/she can sell the
property for. As a result, the homeowner needs the lender(s)/investor(s)
approvals for the short sale to close escrow.
The short-sale process and protocol is much different than a
traditional listing or REO listing. Short sales are desirable
to buyers because in some situations you can get a good price and
because the seller provides you with disclosures about the
home. The success of your offer getting accepted by a short
sale seller depends on the experience and responsiveness of your
buyers agent.If your
buyer's agent does not understand what short sale sellers want and
what short sale lenders want, then you will have a very difficult
time obtaining a short sale property.
As a short sale listing agent, I review many buyer short sale offers
and the majority of them have terms that would be acceptable for a
traditional seller, but not a short sale seller or lender.And, in this market sellers usually select the highest and
"best" overall offer from the initial offers submitted.So, you usually have one chance to get the property.Short sale sellers/lenders generally will not make any repairs to the property, thus
the buyer usually purchases the property in its current condition.
Short sale drawbacks are that it can take 30-90+ days for the
short
sale lender(s) to respond to your offer and the success of short
sale lender acceptance depends on if the seller qualifies, the
diligence/experience/ethics of the short sale listing agent and the
cooperation of the lender(s)/investor(s). Note, Kevin
Nakano is a short sale expert, for more information click
here.
Commitment to You:
Kevin's goal is to make each an every client
a client for life. He wants you to be happy over the long term
with your new home and strives to do everything he can to make the home
buying experience a positive one. Below is Kevin's commitment to
you.
Ethics
- I follow the Realtor Code of Ethics and Standards of Practice and
I always looks out for your best interest.
Patience
- I will work with you for as long as it takes to obtain your goals.
I want you to be happy over the long term and I want to be your
Realtor for life.
Consultative
Approach - I help you answer questions that you don't have the
frame of reference to ask. I make sure you're informed and
aware of your options so you can make the best decision for your
specific scenario.
Accessible
& Responsive - I'm accessible for you during the day, nights
and on the weekends for meetings, inspections, signings and
questions. I respond to your phone calls usually within the
hour and at the latest within 24 hours.
Start Your Home Search:
If you'd like Kevin Nakano to help you find a
home and you'd like to set up an automatic home search so you will receive
new listings daily, please call (916)
235-9110 or complete the online form, click
here.
