traci miller - realtor

Traci Miller, Realtor

GRI, RENE, SRES, ARM, MS

Real Estate is a Passion for Me!
Anticipating my client’s needs and working hard to gain the best result is job #1!

Frequently Asked Questions for Buyers

Responses are general in nature and do not address all possible options available. The buyer is urged to discuss all concerns with their agent or an attorney prior to making a decision.
Texas Real Estate Commission Information About Brokerage Services
Texas Real Estate Commission Consumer Protection Notice

- The simplest answer is to list your “must haves”, “wants” and “nice but not a deal breaker”
- Review your list and isolate those items that are not negotiable
- Take notes on each property separately. Positive and negative
- Also take pictures as a reminder of that property and tie them to your notes
- There is never a perfect fit. You may also change your priorities during the process
- Be flexible
- Choose that home that gives you the “aaaahhhh” factor

- Prior to listing a home, the listing agent will prepare a comparative market analysis. This provides an estimate of what the seller may be willing to accept and what a buyer would be willing to pay. The market value is also reinforced by responses in the marketplace.
- Prior to extending a mortgage, the lender will also review the appraiser’s estimate of market value. The lender does this to insure that the loan does not exceed the value of your home.
- Notably, the estimated taxable value (assessed taxable value) is seldom reflective of market value. They should be utilized only for the purpose of estimating tax liability.

There are several options that you and your agent can discuss. This should not preclude the purchase of the home you love. You also have the option of withdrawing your offer within a specified amount of time. It is important that you review the inspections and discuss any issues with your agent immediately.

Loan pre qualification gives you and your agent important information. It helps your agent focus their search. Often, people are surprised by the size of their prequalifying mortgage amount). It allows them (for example: buy “more house”. The size of down payment will also effect these calculations) to realistically view homes that are within their price point.

Yes, the lender can decline to fund the mortgage during the underwriting process up to the point of time that they fund the transaction. For example, buyers should avoid making large purchases.

Have More Questions?

Please feel free to contact me should you have specific questions or concerns! To find out more about buying your next home, CONTACT ME

+

Homes listed

Clients Served

+

Homes Sold

+

Communities Served

What is Your Home Worth?

Receive a custom evaluation for your home, including comparisons to other homes that have recently sold or are on the market. This guarantees you receive the most accurate information available. To find out what your home is worth, CONTACT ME!

Please allow me the opportunity to work for you!!

Contact Me

Located in
Plano, Texas

Phone:
(214) 876-6777