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FAQ - Waterfront Buyers

FAQ:   General  |  Buyers  |  Sellers

Q: What is a "Featured Buyer?"

A: A "Featured Buyer" is someone who knows what they want and is prepared to write an offer immediately upon finding the right waterfront property. Waterfront owners can search through my list of "Featured Buyers" on this website. If they are thinking about possibly selling and they see a potential match within the list of "Featured Buyers," the owner will contact Trae Zipperer to arrange for a showing.

Q: What do I do if the purchase of waterfront property is contingent upon me selling my current residence?

A: Many people have to overcome this issue. Trae Zipperer has sold many homes for his waterfront buyer clients. The best thing to do is to have Trae come over to your house NOW and get all the listing paperwork ready for your house in advance. You have to be prepared to act quickly when the right waterfront becomes available. In some cases, you'll only have a couple of hours to get your offer in front of the seller. You'll need to have Trae Zipperer attach a copy of your listing contract documents to the offer. The seller is more likely to accept your offer if you can show that you are serious about selling your current residence.

Q: How much money will I need for a down-payment and how do I get pre-approved for a mortgage?

A: All you have to do is contact Trae Zipperer and he'll introduce you to the best local lenders for waterfront property. The lenders will discuss various options for you to choose from and approve you for a maximum mortgage amount. As with the listing documents for your current residence, these mortgage pre-approval documents will be attached to your offer and presented to the seller as a way to strengthen your offer.

Q: How much does Trae Zipperer charge to help a buyer find waterfront property?

A: Typically, the seller pays the entire sales commission. In some cases where the seller only agrees to fund a percentage of Trae Zipperer's compensation, the buyer may have to pay a buyer fee at closing. When you meet for the first time, Trae will disclose his fee structure and how it applies to his buyers across various types of transactions.

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