1. Military/ Veteran’s Home Buying Guide
Jason P Fieldman R(S), MRP, MAHRM
License #77520,
Combat Veteran
Military Specialized Team
Ewa Beach, Hawaii

2. The Purpose of this Presentation
Understand your goals, objectives and expectations…it’s all about you!
Understand the home and neighborhood needs.
Discuss your loan options to include the VA Loans.
Assure your confidence in my service.
Discuss current market conditions and market data so you better understand the buying marketplace.
Discuss your affordability and financing strategies.
Identify price range of your home purchase.
Explain my plan of action
Break Down the key elements of the buying process
Start the search for your new HOME!!

3. Understanding Your Needs
Your goals, dreams, expectations and objectives are front and center during the buying process. In order to set the foundation for a successful transaction, let’s discuss the following topics:
Why are you buying a home?
Tell me about the time frame for your move?
What is determining that specific deadline?
Are there any challenges that you anticipate with purchasing a home?
Are there specific services that you want from me?
What would it take for you to be confident my services would meet your requirements

4. We Know What You Want, What Can You Afford?
As your real estate professional it is important that we know what you can afford and what type of mortgage best suits your needs.
Price and type of loan could limit property options.
We need to make sure that all of your interests are protected.
A mortgage professional will review all of your finances and customize a mortgage program that you are comfortable with.

5. VA Loan Guide

6. Buying Power 2017 Purchase Power Chart Grade
With Dependents Monthly Rate
36 Months of BAH
Purchase Power Single Family Home
Purchase Power Condo/Town Home
E1-E4
$2,466.00
$88,776.00
$485,000
$435,000 E6
$2,961.00
$106,596.00
$600,000
$545,000 E7
$3,072.00
$110,592.00
$625,000
$570,000 E8
$3,192.00
$114,912.00
$650,000
$595,000 W2
$3,120.00
$112,320.00
$635,000
$580,000 W4
$3,399.00
$122,364.00
$695,000
$640,000 O1
$2,667.00
$96,012.00
$530,000
$475,000 O3
$3,261.00
$117,396.00
$665,000
$610,000 O4
$3,615.00
$130,140.00
$755,000
$690,000 O5
$3,864.00
$139,104.00
$830,000
* Condo = $400/mo. Association Fees + $150/mo. Taxes & Insurance
* SF Home = $300/mo. Taxes & Insurance *AS OF: 21APR17
Additional assumptions: 3.25% interest rate on a 30 year fixed
VA entitlement 1st time use - VA funding fee of 2.15%
$0 down up to county loan limit of $721,050 (down payment of 25% required of the difference of purchase price and county limit up to $1.5 million purchase price)

7. Once the Home Search Begins…
Now that I know what you are looking for and what price range you are comfortable in, I will send you daily alerts with all the new listings.
Feel free to drive by and take a look.
When you are ready to view the property in person, let me know.
I will schedule all of the appointments for you.
I will accompany you on all showings.
It is important to remember that the “Listing Agent” is representing the Seller, while I am representing, “YOU”…

8. The Negotiations
Once we find your dream home, we will work together to build a negotiating strategy to allow us to employ a successful deal.
We need to understand the seller as much as possible to help us leverage our negotiations.
We need to make offers in a timely matter.

9. Offer and Counter Offers
Now that we have found your home and came up with a strategy, it is time to put it in writing.
Draft Purchase Contract and Addendums.
Submit offer to Listing Agent.
Wait to hear back from Listing Agent.
The moment I hear back from the Listing Agent, I will contact you with the Seller’s decision .
The sellers will either accept, counter or refuse your offer.
Refusal – The seller can simply say “NO” and I can guide you on how to proceed from there.
Counter Offer – The seller can say “Maybe” if you agree to my new terms.
Acceptance – The seller can accept your offer as written.

10. Done negotiating, what’s next?
You will open escrow with your initial earnest money.
You will receive the sellers disclosures. (Contingency)
Per our contract, we now have an opportunity to bring in inspection professionals to make sure that the home is: Sound, Safe and Secure. (Contingency)
The contract also states the Seller must have a termite inspection prior to closing. (Contingency)
(If Needed)We will also receive the Condo and Homeowner/Community Association Documents. (Contingency)
The mortgage company will order an appraisal to verify the homes value. (Contingency)
(If Needed) The Seller must have the property staked and surveyed prior to closing. (Contingency)

11. Buyer To Do List Now that inspections are done…
Finalize mortgage paperwork.
Obtain Home Owners Insurance.
Consider a Home Warranty
Arrange the transfer of utilities.
Arrange for Movers…

12. Pre-Closing Inspection
Prior to signing the final documents on your home, we will visit the property to make sure it is being transferred to you the way you expected it.
It is time to start getting excited to move in to your new home and start enjoying your Hawaii life!!!!

13. Signing Day and Closing
I’ll meet you at the escrow company and you will spend about an hour or two signing all the documents for your loan/transaction.
After you have signed all necessary documents, you will need to wait until the loan has funded and recorded before getting the keys (About 3 business days).
Closing day- I will bring you your keys and you can move in!!!!!

14. Flow Chart Find a Realtor You Can Trust Analyze Your Housing Needs
Obtain Financial Pre-Approval
Receive Listing Updates Daily
View Properties
Write an Offer to Purchase
Earnest Deposit into Escrow
Negotiate and Counteroffer (if Needed)
Review Documents and Disclosures (Slide 10)
Additional Deposit Money
Seller Accepts Offer
Inspections
Remove Contingencies
Obtain Mortgage Commitment Letter
Sign Closing Documents at Escrow Office
Take Possession of your NEW HOME
Enjoy Your Hawaii Life!!!
Transaction Funds
Home Closes

15. Mahalo for taking the time to review purchasing your new home.
the steps of the home buying process. I can’t wait to get started on assisting you in
purchasing your new home.
Jason P Fieldman R(S), MRP, MAHRM
License #77520,
Combat Veteran
Military Specialized Team
Ewa Beach, Hawaii
(808)