SOLD! Congratulations on your new home ❤️🏡

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C’est impeccable

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A successful luncheon on Princeton Ave!




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jean@jeanbateman.com  ·  cell: 214.912.9288

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What Every University Park Resident Should Know

Download Source: City of University Park Annual Financial Report

President’s Circle

jean@jeanbateman.com  ·  cell: 214.912.9288

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Feliz Cinco de Mayo!

Feliz Cinco de Mayo!

This year I’m taking it easy on the margaritas and maracas but knock yourself out! Feliz Cinco de Mayo!

Don’t forget to call my mom for all your real estate needs!

President’s Circle

jean@jeanbateman.com  ·  cell: 214.912.9288

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The Key to Selling Your Home

Download a digital copy here.


The home selling process is as unique as the people and properties involved, but here is a simplified glimpse at the typical experience from signing on with Jean to moving day.

Signing a listing agreement with Jean means she is committed to selling your home and being by your side through the entire process.

Pre-Listing Walkthrough

  • Arrange a time where you and I can walk the interior and exterior of your home. It is important that I understand what the home means to you and start learning the details.
  • This is an excellent time to create a to-do list for preparing your home for the photo shoot and get it show-ready. We have a saying in residential real estate, “Living is far different than showing.” Refer to my Maintenance & Pre-Listing Recommendations on JeanBateman.com/blog.
  • Items that are attached to the house and you don’t want to leave (e.g., chandeliers, etc.), now is the time to take them down. You can exclude it on the listing, but many times those are the very items that a buyer may want.

Documents

  • We will coordinate all the documentation that is necessary for listing your home, from the listing agreement to executing a contract; however, it is the responsibility of the seller to complete the Seller’s Disclosure (full disclosure is highly recommended, including all reports pertaining to the home).
  • Providing a survey usually means that you will not be asked to pay for a new one.

Home Preparation

  • Refer to my Maintenance & Pre-Listing Recommendations on JeanBateman.com/blog.
  • Have your mechanicals serviced; roof (and under home if it’s pier & beam) inspected; paint touched-up; chimneys cleaned, etc. I can help you find the right service people to prep your home for the photo shoot and tours.
  • Decluttering, organizing, staging, landscaping is imperative to reach our goal of high quality photographs that will drive buyers to your home. 85% of people start their search online, so photographs are important.
  • I will schedule IPlan to create a floor plan of your home; people enjoy having a floor plan to imagine themselves in the property and it is a wonderful online marketing tool.

Photoshoot

I will have a photographer shoot professional exterior and interior photos of the property and will try to be on site with the photographer. These photos will be used on social media as well as print materials.

Kick-off Preparation

  • We will agree upon the best day (either Monday, Tuesday, or Wednesday) to introduce your property to the market.
  • I will schedule a Monday Tour for all Briggs Freeman agents, then a Tuesday or Wednesday Tour (depending on your location) for all MLS agents in the area.
  • I will send out an e-blast with creative copy and photography announcing your property to a very large number of area agents.
  • I will promote your property on all of my social media sites: Facebook, Instagram, Twitter, blog, etc.
  • Briggs Freeman Sotheby’s marketing departments will post it on social media around the world.

Your Property Hits the Market

  • Monday, Tuesday or Wednesday Tour. Usually 2 hours.
  • “For Sale” sign is posted in the front yard.
  • Possible kick-off event.
  • I will schedule showings, set up Sunday open houses, group tours and Spring and Fall Briggs tours.

Receiving the Offer

We will work side by side to determine and negotiate the best terms for you. Executing a contract that will flow all the way to the closing table is our goal. As soon as we have an executed contract, the buyer’s agent should deliver an Option check to us and an Earnest check to the title company. The title company sends all parties a fully receipted/executed copy of the contract.

Inspection

  • I will encourage the buyers to schedule their inspection as soon as we have an executed contract.
  • General inspection is usually a 4-6 hour process. Additional inspections may be required.

Negotiating the Amendment for Repairs

  • This process can be one of the more challenging parts of selling your home.
  • Repairs can be made by the seller, buyer, or an amount reimbursed to the buyer, or a combination of these.
  • If the seller makes some of the repairs, you will be asked to provide receipts for the repairs on or before closing.

Appraisal

The buyers’ lender will send an appraiser to the property. I will provide a copy of the sales contract (for verification of the sales price) and provide comps to facilitate in the appraisal process. Assuming the appraisal is above or in line with the purchase price, the mortgage loan process will continue to move forward.

Schedule Transfer of Utilities and Move

Arrange for utilities to be terminated under your name — most buyers’ goal is to transfer the utility service to their name before termination. Arrange your move date to coordinate with the contract agreement. Leave the property in condition as agreed upon in contract.

Buyers’ Walkthrough

Current custom is that the buyer walks through the property the day of or before closing to verify the property is in agreed upon condition.

Closing

  • Jean will arrange the closing time at your convenience. Please bring your driver’s license. All keys/garage openers, etc. should be turned over to the title company at closing.
  • Keys will not be given to the buyer until the property is funded.
  • Notify your Escrow Officer if you will not be in town on the closing date. If you will not be present to sign documents at closing and are planning to use a Power of Attorney, have them approved by the title company prior to closing. The title company must contact you on the day of closing to make sure you are alive and well and have not revoked the POA. The title company requires the original document for recording

Dallas County Appraisal District

Check 3-6 months after closing to make sure the name on records has been appropriately changed.
 

Download a digital copy here.

President’s Circle

jean@jeanbateman.com  ·  cell: 214.912.9288

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Jean Bateman’s Referral Letter

Mr. Briggs,

My fiancé Jim and I recently had the pleasure of working with Jean Bateman on the sale of our home at 7268 Ashington Drive.

I have attached a letter that highlights our experience while working with her on this transaction.

Thanks to Jean’s hard work, we quickly received multiple offers and were able to close on our sale and then purchase our new home without delay .

We just wanted to share this with you and let you know how great it was working with and agent like Jean.

Sincerely,
Jessica Vella

 

President’s Circle

jean@jeanbateman.com  ·  cell: 214.912.9288

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Kicking off Jean’s Park Cities’ Historical Chatter

Senior Vice President

jean@jeanbateman.com  ·  cell: 214.912.9288

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Steps to Buying Your Dream Home

Download a digital copy here.


 

The home buying process is as unique as the people involved but here’s a simplified glimpse at the life cycle of the typical experience, from signing on with Jean Bateman to moving day.

After sharing your hopes for your new dream home, signing a Buyer’s Agreement with Jean means she’s by your side through the entire process listed below.

The Search

  • Contact a mortgage lender/banker to determine your budget and ask for a “Pre-Approval” letter that can easily be adjusted to your specific offer. Try and lock in your interest rate as soon as possible. Having this letter available sets you ahead of the game. – Cash buyers should have a “Proof of Funds” letter on hand. Most sellers will ask for this letter.
  • Together, we will establish an understanding of your search parameters.
  • I will send daily MLS updates on properties that are more accurate than free online resources such as Zillow, Trulia, etc.
  • The second you find a property you want to view, I will schedule a showing.
  • Touring a home together helps me better understand exactly what you are looking for. We will discuss the pros and cons of each property.

The Offer

  • Once we find your home, it is time to discuss the many decisions in writing the offer: Earnest Amount, Option Period, Exclusions, Many Deadlines, Home Warranty, etc.
  • I will provide prices of comparable homes in the area that have recently sold to help determine an appropriate offer (if time permits).
  • In multiple offer situations, I have many great recommendations for your offer being the seller’s top choice.
  • We will walk through the negotiation process together.

The Contract

  • You will provide an option check and earnest money check as soon as the contract is executed.
  • Upon receipt, I will deliver the option check to the appropriate party.
  • I will provide a fully executed contract of sale to the title company with the earnest money check.
  • Send your lender a copy of the fully executed contract as soon as possible. Call your loan officer and arrange to make a formal loan application.

The Inspection

  • When you have an executed contract, schedule your general home inspection as soon as possible. Make sure the inspector provides a detailed report with photographs. Verify cost with inspector.
  • Attend the inspection — this is your opportunity to ask questions and learn about the full operation of the home. Most inspectors will provide a detailed in-person review with a follow-up email.
  • Schedule additional inspections if recommended by the general inspector or to satisfy any specific concerns. Ask the repairman to provide written estimates for all needed repairs.
  • We will work closely to determine which repairs are important to you and how to best present them to the seller.
  • We will submit an amendment for repairs to the seller. Many times, this becomes the most challenging part of negotiating, I will help you throughout the entire process.
  • When the amendment for repairs is executed, I will deliver it to the title company.

The Appraisal

  • Your lender will send an appraiser to the property and I will hand off a copy of the Sales Contract (for verification of the sales price), and provide comps to facilitate in the appraisal process.
  • Assuming the appraisal is above or in line with your purchase price, the mortgage loan process will continue to move forward.

Closing

  • Secure your Homeowner’s Insurance, finalize your choice of a Home Warranty Company if you received or purchased one, and make sure the utilities are being transferred to your name before closing. ­­
  • Lenders strongly discourage any major purchases prior to closing as it may affect your loan.
  • Notify your Escrow Officer if you will not be in town on the closing date as you will need to follow special procedures. If you will not be present to sign documents at closing and are planning to use a Power of Attorney for signature of legal documents, you will need to have them approved by the title company prior to closing. The title company must contact you on the day of closing to ensure that you are alive and well and have not revoked the POA.
  • The title company must have your mortgage company’s closing instructions to prepare the Closing Disclosure/Settlement Statement and cannot give you the final closing figure prior to receiving these instructions. Prior to closing, It is highly recommended not to make changes in your loan as it may delay the closing process.
  • In the days leading up to your closing date, an escrow officer or closing attorney calculates final costs and credits for buyer and seller. You should receive a closing disclosure statement from the title company for your approval.
  • Schedule your final walk through the day before or of closing to ensure the property is in the same condition as agreed upon.
  • Have funds wired in plenty of time for closing (do not change any wiring instructions without speaking directly to your closer, due to a large amount of wire fraud) or bring a cashier’s check for the down payment and closing costs made out to the title company. Money orders or cash are not acceptable.
  • Spouses! Even if not on the Note, the lender will most likely require their signatures on a few documents. Don’t forget to bring any document requirements that your lender has requested.
  • Once everything is signed by both parties, funds are received, and the loan is closed, the property will be transferred and you should receive the keys!

After Closing

  • A copy of the recorded Warranty Deed that transferred title of the property will be sent to you with your Owners Title Policy approximately one month after closing. This document should be printed and stored for safekeeping or digitally saved on your personal computer.
  • It is the taxpayer’s responsibility to be certain that the property is rendered in the current taxpayer’s name for the upcoming tax year. Contact the County Appraisal District for assistance in making sure this is done.
  • Make certain to file for your homestead designation with the county appraisal district. If you have questions about your homestead exemption for property tax purposes, or any other exceptions which may be available to you, you should contact your County Appraisal District. The forms necessary to apply for exemptions are available at no cost to you from your appraisal district. You may file for property exemptions anytime between January 1st and April 30th.
  • If you received a Residential Service Contract (sometimes referred to as a “home warranty”) in connection with your recent closing and wish to add additional coverage, you should contact the residential service contract company directly.

 

Download a digital copy here.

Senior Vice President

jean@jeanbateman.com  ·  cell: 214.912.9288

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Easter 2018 – Thankful for every one of these blessings!

Hope your day was full of joy & happiness!

President’s Circle

jean@jeanbateman.com  ·  cell: 214.912.9288

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