Santa Fe Real Estate – Buyer Process #1
Downtown Santa Fe Condo with Kiva fireplace
I received a call the other day, asking if I could interpret some 400 year old Spanish on a title of a home near downtown Santa Fe. Having seen this plenty of times in the historical district of Santa Fe, New Mexico; I pointed out this was simply record of the chain of title.
I asked if Mr. Buyer had buyer broker representation and he noted he did not. Mr. Buyer realized there was a lot he did not know about the investing in Santa Fe real estate and asked me to be his buyer representative. We both signed off on a buyer broker agreement whereby I became the sole advocate representing the buyer’s best interests.
Mr. Buyer and I quickly setup a financial pre qualification over the telephone. Finance was A OK and we had a budget up to $700,000. Now we could shop with confidence knowing our budget.
Mariachis on the Santa Fe plaza.
We decided on a condo in walking distance to the Santa Fe plaza. Mr. Buyer liked the idea of walking to and from fine dining and many community activities on the plaza.
After a ten minute interview and twenty minutes on the MLS database, we found 10 well priced condos which fit my buyer’s needs. Off in the car we go, visiting those 10 condos in a 2 hour tour.
Mr. Buyer found two condos he like. I whipped out a CMA, market analysis, so we could analyze and create strategy for our offer.
Stay tune for: Buyer #2 – The Offer, Buyer#3 – The Escrow
Anthony Atwell, Broker  http://tonyatwell.com
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