Buyer's Guide

Buying property should be one of the most enjoyable experiences in life. Significance in life comes from knowing your Why...

First and foremost...why are you buying?

• Lifestyle shift to luxury, amenities, walkable shops, exclusive restaurants and entertainment, beaches and boating, jetport proximity?
• Will this purchase be a primary residence to meet all your daily needs?
• Looking for a vacation, third or fourth home to enjoy with family and friends?
• Seeking an escape...a place where your family can just get away from it all?
• Are you looking to upsize or downsize for quality of life?
• Do you want to move to a different area for some particular reason, or will you be staying local?
• Are you building an investment portfolio?
• Working to build up legacy assets that will be enjoyed for generations to come?

Knowing your Why will bring the entire process into focus and make decisions that much more clear. It is important to us to listen and know your Why, so we can better understand how to assist in making your dreams reality.

The global financial landscape is evolving quickly. There are many ways to purchase property today. Cash purchase, conventional bank financing, lease-to-own, loan assumption, hard-money loans, private equity, 1031 exchanges, cryptocurrency purchases and seller financing to name a few. The Cascone Team has direct experience with all of these and more...feel free to contact us if you'd like to discuss any aspect in more detail. 

Prequalification is a great start when preparing to purchase, but it’s not the only factor. In most cases, a lender pre-approval won't be as strong as a cash buyer to sellers.

If you will be financing, be sure to examine your current expenses and determine how they might be impacted by your home purchase. Create a comprehensive budget so you can factor in any new ongoing expenses that come with a home purchase, such as insurance, utilities and interest/loan factors. Once you decide how these expenses will impact your situation, you’ll be better equipped to acquire the property you really want.

Interviewing and vetting several lenders from the outset, is a great way to determine if they might be a good fit for your situation. You’re not required to stick with any particular lender when you ultimately finance your purchase, but this process is a great way to get a feel for mortgage providers, as requirements can vary greatly from lender to lender.

If on the other hand you are a cash buyer, then determining your capital deployment comfort zone up-front can prevent over-extending emotionally during the search process.

Once we have identified a property of interest and you have everything in order, we will help you craft an offer based on your criteria and the value of comparable assets in the market. We’ll also work through details such as timing, contingencies and fees.

Our team will then compile all the necessary research, legal documents and contracts...the entire process will be documented in writing.

After we submit the offer on your behalf, we will provide masterful negotiations, hard-won over hundreds of millions of dollars of deal-making. Once we reach an agreement, at this point a deposit is paid and the house will go under-contract. 

Either the buyer or seller can choose the closing agent. You are welcome to enlist your preferred counsel, or we can recommend local attorneys or closing agents and title companies. Once determined, the closing agent will hold the deposit in escrow and will conduct a title search to ensure the property is free from any encumbrances.

We are builders, doers and closers...time to get the deal done.

If you will be financing, a property valuation appraisal ensures that you are paying a fair price for the house. Your lender will hire an appraiser to inspect the property and offer an independent opinion of its value.

We are there for you at the closing table, and everything will be arranged by us, your lender, closing agent and the title company.

Both parties will receive the Settlement Statement detailing the financial process. You will have reviewed your lender documentation to be signed at closing. Once docs are signed by all parties, funds will be wired to the closing agent. 

Time to celebrate and take ownership of your newest asset!