Mario Daniel Sconza Buying, Selling & Investing System
Your Home Sold Guaranteed Or We Buy It!*
+Mario Daniel Sconza and home owner must agree on price and closing date
FREE REPORT: 9 Buyer Traps and How to Avoid Them
What is my home worth?
Find Out What The Homes Near You Are Selling For! Simply Type In An Address To Get Your FREE Report.
"A systemized approach to the home buying process
can help you steer clear of these common traps, allowing you to not only cut
costs, but also secure the home that's best for you."No matter which way you look at it, buying a home is a major investment.
But
for many homebuyers, it can be an even more expensive process than it needs to
be since they fall prey to at least a few of the many common and costly
mistakes which trap them into either:
paying too much for the home they want, or
losing their dream home to another buyer or,
(worse) buying the wrong home for their needs.
A systemized approach to the home buying process can help you steer clear of
these common traps, allowing you to not only cut costs, but also secure the home
that's best for you.
9 Buyer Traps
This important report discusses the 9 most common and costly homebuyer traps, how to identify them, and what you can do to avoid them:
1. Bidding Blind
What price should you offer when you bid on a home? Is the seller's asking
price too high, or does it represent a great deal. If you fail to research the
market in order to understand what comparable homes are selling for, making your
offer would be like bidding blind. Without this knowledge of market value, you
could easily bid too much, or fail to make a competitive offer at all on an
excellent value.
2. Buying the Wrong Home
What are you looking for in a home? A simple enough question, but the answer
can be quite complex. More often than not, buyers have been swept up in the emotion and
excitement of the buying process only to find themselves the owner of a home
that is either too big or too small. Maybe they're stuck with a longer than
desired commute to work, or a dozen more fix-ups than they really want to deal
with now that the excitement has died down. Take the time upfront to clearly
define your wants and needs. Put it in writing and then use it as a yard stick
with which to measure every home you look at.
3. Unclear Title
Make sure very early on in the negotiation that you will own your new home
free and clear by having a title search completed. The last thing you want to
discover when you're in the back stretch of a transaction is that there are
encumbrances on the property such as tax liens, undisclosed owners, easements,
leases or the like.
4. Inaccurate Survey
As part of your offer to purchase, make sure you request an updated property
survey which clearly marks your boundaries. If the survey is not current, you
may find that there are structural changes that are not shown (e.g. additions to
the house, a new swimming pool, a neighbor's new fence which is extending a
boundary line, etc.). Be very clear on these issues.
5. Undisclosed Fix-ups
Don't expect every seller to own up to every physical detail that will need
to be attended to. Both you and the seller are out to maximize your investment.
Ensure that you conduct a thorough inspection of the home early in the process.
Consider hiring an independent inspector to objectively view the home inside
and out, and make the final contract contingent upon this inspector's report.
This inspector should be able to give you a report of any item that needs to be
fixed with associated, approximate cost.
6. Not Getting Mortgage Pre-approval
Pre-approval is fast, easy and free. When you have a pre-approved mortgage,
you can shop for your home with a greater sense of freedom and security, knowing
that the money will be there when you find the home of your dreams.
7. Contract Misses
If a seller fails to comply to the letter of the contract by neglecting to
attend to some repair issues, or changing the spirit of the agreement in some
way, this could delay the final closing and settlement. Agree ahead of time on a
dollar amount for an escrow fund to cover items that the seller fails to follow
through on. Prepare a list of agreed issues, walk through them, and check them
off one by one.
8. Hidden Costs
Make sure you identify and uncover all costs - large and small - far enough
ahead of time. When a transaction closes, you will sometimes find fees for this
or that sneaking through after the “sub”-total fees such as loan
disbursement charges, underwriting fees etc. Understand these in advance by
having your lender project total charges for you in writing.
9. Rushing the Closing
Take your time during this critical part of the process, and insist on seeing
all paperwork the day before you sign. Make sure this documentation perfectly
reflects your understanding of the transaction, and that nothing has been added
or subtracted. Is the interest rate right? Is everything covered? If you rush
this process on the day of closing, you may run into a last minute snag that you
can't fix without compromising the terms of the deal, the financing, or even the sale itself.
I'd like to start off by congratulating Mario for putting together a great team.
Positive: Professionalism, Quality, Responsiveness, Value
I'd like to start off by congratulating Mario for putting together a great team. We had been looking for about half a year, and never thought how much having a good real estate agent could benefit us during a purchase. we are a family of two working professionals and I work in the construction industry. During our search and monitoring the ever confusing housing market we were skeptical at first, whether or not to buy a property or keep renting, we were then introduced to Mario Daniel and his team and our first session was about deciding whether or not we should even make a purchase. After bringing all our concerns forward Mario patiently addressed them and took us through the process. We were sold from that point on. Mario and Domenic supported us patiently and positively during our search for property (I should say that we had many precise criteria on what we want). They helped us narrow down our criteria and get a good sense of our options that match our money. For any buyer I would suggest them to make their expectations clear so that the agents could help them better. Domenic had a lot of role in helping us through this process. However don't expect to get a home for half the price because if such thing was true everybody else would also be looking for that. Also try to help your agent to help you. Try to proactively search for your desired home and communicate with your agent. The main part about our experience with Domenic and Mario was that we had a pleasant journey towards our purchase and that goes a long way. Home purchase in itself could be a tough task, and if you don't have good advice on your side, that would make it twice as hard. Domenic diligently negotiated on our behalf and I believe the combination of professionalism and goodwill helped us become home owners. We managed to purchase a place that we could truly call our home at an optimum price, thanks to Domenic's negotiation skills, and we definitely owe this to the efforts of Mario Daniel and Domenic and their team. They helped us throughout the process of closing and securing a mortgage as well and this was a great relief on our end, since we are very busy with day to day work. I think overall Mario, Domenic and the rest of their team have your best interest at heart and this is very comforting. Also I believe Mario Daniel Sconza and his team take pride in their work and are great professionals that you can trust without worry. I have developed a lot of respect for this team and I would suggest anyone who asks me, to work with this team without a doubt and I plan to do the same in the future. We wish them prosperity and will miss them greatly now that this chapter has come to an end.
Pouya Sharif
This is the 3rd time we've used Domenic from Mario Daniel Sconza Real Estate team to buy and sell our home.
This is the 3rd time we've used Domenic from Mario Daniel Sconza Real Estate team to buy and sell our home. Each time, we have been more impressed than the last with the turn-key approach and professionalism that surpasses the industry standard. The team's number one goal is to make you feel at ease through the process and you do. Domenic as an agent is very knowledgeable on all aspects of buying/selling homes, and his expertise is critical in 11th hour crunches and DOES NOT DISSAPOINT. (He will fight for you to get your dream home until the wee-hours of the morning or ensure you get the absolute top offer - because thats what he does best!) -Heather Scriver
I'm confident you will be impressed with how he stands out, and can help you do the same in your real estate goals!
Positive: Professionalism, Quality, Responsiveness, Value It has been my pleasure to have known Mario personally for several years - his commitment to delivering superior results to his clients is more than the vast majority of agents in the GTA. It matters to him what happens in the purchase and sale of your home! He has worked hard to find the best proven practices throughout North America and apply those for the benefit of those who work with him. He believes in them so much he is willing to guarantee their success! If you are considering a sale or purchase (or even one of each), you owe it to yourself to review Mario and how that compares to what other agents can deliver to you. I'm confident you will be impressed with how he stands out, and can help you do the same in your real estate goals!
