Home Buying Simplified
INTRODUCING
Alissa Phelan Congratulations! The path to home ownership is an exciting time. I hope that this journal will assist you in answering questions as well as capturing details that you will want to recall along the way. I provide comprehensive support to buyers throughout the home purchasing process, from understanding their needs and conducting property searches to negotiation, due diligence, and post-purchase assistance. My goal is to make the process stress-free and rewarding, ensuring clients find their perfect home.
Alissa Phelan Real Estate Advisor
Learn more about Alissa here
The Engel & Völkers Buying Experience From starter homes to dream homes, as Engel & Völkers we provide unparalleled and personalized buying experiences for every client. We believe that buying a home is one of the most important decisions you will make, and it’s an honor and our passion to be part of this journey with you. As trusted advisors, we make it our responsibility to understand your home buying goals – from your overall vision and budget, to neighborhood amenities and architectural details – and help you discover the right space to call your own. To us, luxury is about the richness of life that begins and ends in the most important space we know — home.
It was a pleasure working with Alissa, she is knowledgeable and very helpful during and after our purchase. We are thrilled to have found this wonderful home in Newburyport. Buyer, North Shore
The Power of Investing in Ownership There are both financial and emotional benefits to owning a home. After all, a home is the center of your world. HOME EQUITY When you own a home, you are investing your money into your future. Home equity has the ability to increase each time you make your monthly mortgage payments, as well as when you make smart home improvements. In a strong economy, home values can increase each year. The greater your equity, the more you can capitalize on your home’s value over time.
FIXED COSTS Seek professional advise from your tax consultants about your financing options (if you are financing) to tailor your investment commitment to your specific needs.
CREATIVE FREEDOM Owning a property allows you to surround yourself with an aesthetic that reflects your personality and brings you joy. The possibilities can be endless when it comes to turning your home into your dream space.
STABILITY A home should be a place of comfort and happiness. With homeownership comes a sense of security in an investment and a space where memories are made.
Partner with an Engel & Völkers advisor Engel & Völkers is known throughout the world for the unmistakable service experience our advisors provide their clients. Our advisors offer more than a typical real estate agent, representing an elevated level or service, expertise, and performance. Engel &Völkers attracts real estate professionals who are well respected within their communities, as well as those who have a deep understanding of client service. We know the people, the places and the nuances of each cul-de-sac, community and country we represent. As trusted advisors, we guide you through your home journey with in depth neighborhood expertise, distinguished care — and a bit of fun.
She works to ensure that the client is happy and knows all pros and cons of the deal being made. She is a great connector. Very happy to have worked with her.
Buyer, North Shore
Breaking it down: The Buying Process The reasons for buying a home are personal, so the first thing to consider is what you want to achieve in purchasing a home. Buying a home is filled with both strategic thinking and emotions. With ever-changing market conditions and other variables, various factors may affect the path you take in finding the property that’s right for you.
As your consultant, an Engel & Völkers advisor helps you understand the market landscape and determine, based on your goals, if now is in fact the right time to buy and then identifying the correct approach. As far as the property itself, it’s wise to invest the time to outline the key factors and features relating to your search, including:
Your Buying Power
What Type of Home Do You Want?
It’s important to identify what you are able to afford
Are you looking for a single-family home, townhouse,
when it comes to a home and how much a lender is
condominium, co-op or a multi-family building? There
willing to loan based on key factors such as income,
are many options and considerations for each that will
debt, expenses etc. Your advisor can help you work
impact your search.
within that budget and take into account other considerations as it relates to the property you seek.
Your Must - Haves
Location, Location, Location
Identify your must-haves and list them out in priority,
This is one of the most important factors to consider
for both you and whomever you may be purchasing
when you’re looking for your new home, because unlike
your home with. Make a list of your non-negotiables
structures, paint colors, and flooring, the location of
when it comes to a home and take that with you when
your home cannot be changed. Beyond the physical
you are visiting properties.
location of the home within the city or town, you should also think about its location in the neighborhood, community, and/or the building, as this too will have an impact on your home’s value.
The Buying Process
Whether you are looking to purchase your first home, a vacation home, or an investment property, our advisors maintain an active list of available local homes, and also have access to listings worldwide through the Engel &Völkers’ global network. We take pleasure in working with you, and preparing you, for the home buying process through the following steps:
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Select an advisor
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Gain mortgage pre-approval (if financing)
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Have an initial consultation with your advisor with your pre-approval in-hand to set up your strategy together
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Shop for your new home
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Work with your advisor to present a wellcrafted offer and allow them to negotiate on your behalf
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Home inspection
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Appraisal
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Finalize Documents
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Final Walk Through
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Closing & Move In
Alissa Phelan was an amazing realtor to help us with our first home purchase. She was always available when needed and offered solid advice - especially since we were new to the game and had a lot to learn.
Buyer, North Shore
A place for your thoughts
Notes & Reminders
A place for your thoughts
Notes & Reminders
A place for your thoughts
Notes & Reminders
A place for your thoughts
Notes & Reminders
Alissa Phelan
Global Real Estate Advisor ENGEL &VÖLKERS BY THE SEA alissa.phelan@evrealestate.com | 781.420.1306 www.alissaphelanrealtor.com
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