Michael Peterson
Meet REALTOR: Michael Peterson
(520)820-0458
I want to be your dedicated resource throughout your home buying journey. Whether you have inquiries about homes, the purchasing process, securing financing, exploring Tucson and its surrounding areas, or anything else, I’m here to provide expert guidance. Don’t hesitate to reach out to me directly for personalized assistance. Your satisfaction and confidence in your home investment are my top priorities.
Recent Reviews
-Michael Peterson was great! He was patient with us and seemed to anticipate our needs as we searched for and purchased our new home. I highly recommend him as a real estate expert. We can easily recommend him without reservation.Â
-Micheal was the best realtor I could possibly ask for. He was professional but also gave me advice and helped me get my home when things were moving a little slow. He went above and beyond for me and my new home and I am eternally grateful for him! It was more than an amazing experience to have him has my realtor!
Q & A
How can you help me find a Home?
As your dedicated real estate agent, my primary goal is to assist you in finding your ideal home, tailored specifically to your needs and preferences. Here’s how I can make the home search process smooth and successful for you:
Personalized Consultation: I begin by taking the time to understand your unique requirements, preferences, and budget. By listening attentively to your needs, I can narrow down the search and focus on properties that align with your criteria.
Extensive Local Knowledge: With my in-depth knowledge of the local real estate market, I can provide valuable insights into various neighborhoods, school districts, amenities, and property values. Whether you’re looking for a bustling urban area or a quiet suburban neighborhood, I can help you explore all available options.
Access to Exclusive Listings: As an individual agent deeply connected within the community, I have access to exclusive listings that may not be available through other channels. This gives you the advantage of discovering hidden gems and off-market properties that perfectly match your requirements.
Customized Property Search: Using advanced search tools and my network of industry connections, I can streamline the property search process to present you with a curated list of homes that meet your specific criteria. Whether you’re seeking a cozy bungalow, a modern condo, or a spacious family home, I’ll ensure that every option aligns with your desires.
Guidance and Support: Throughout the home search journey, I’ll be by your side, offering guidance, support, and expert advice at every step of the way. From scheduling property viewings to negotiating offers and navigating the closing process, I’ll handle all the details, making the experience stress-free and enjoyable for you.
Commitment to Your Satisfaction: Your satisfaction is my top priority. I am dedicated to going above and beyond to help you find a home that not only meets but exceeds your expectations. Whether you’re a first-time homebuyer, relocating to a new area, or looking to upgrade to your dream home, I’m here to make the process seamless and rewarding.
Can you help me get financed?
Absolutely, I’m here to help you secure financing for your dream home. Here’s how I can assist you every step of the way:
Personalized Financial Consultation: I offer personalized consultations to assess your financial situation and discuss your options. Whether you’re a first-time homebuyer or looking to upgrade, I’ll create a customized plan that aligns with your goals and budget.
Expertise in Mortgage Options: With my extensive knowledge of mortgage products and lenders, I can help you explore a variety of financing options to find the one that best suits your needs.
Connection to Trusted Lenders: I can connect you with reputable lenders who will provide competitive rates, transparent terms, and exceptional service.
Guidance on Pre-Approval: I’ll guide you through the pre-approval process, helping you gather the necessary documentation and submit your application to lenders.
Negotiation and Advocacy: As your advocate, I’ll negotiate with lenders on your behalf to secure favorable terms and conditions for your mortgage.
Continued Support: My support doesn’t end once your financing is secured. I’ll be here to answer any questions you have throughout the closing process and beyond.
By partnering with me as your real estate agent, you’ll have a dedicated ally who will work tirelessly to help you navigate the path to financing and achieve your homeownership goals. Let’s work together to turn your homeownership dreams into reality.
Can we negotiate on the price of a home?
Absolutely! Negotiating on the price of a home is a pivotal part of the home buying journey, and I’m here to help you navigate it effectively.Â
In scenarios where multiple offers are on the table, we have various tactics to make your offer stand out. We can include escalation clauses that automatically increase your offer up to a specified limit to remain competitive without overpaying. Additionally, we can explore ways to streamline the closing process, such as offering a quick closing timeline or providing proof of financing upfront. Understanding the seller’s preferences and priorities allows us to craft a personalized offer that meets their needs, increasing the likelihood of acceptance.
But it doesn’t stop there. I’m dedicated to getting you the best deal possible. I’ll leverage my negotiation skills and market expertise to advocate for your best interests, ensuring you secure the home you desire at the best possible price and terms.
Ultimately, my goal is to advocate for your best interests and secure the home you desire at the best possible price and terms. With my expertise and strategic approach to negotiation, we can navigate any situation with confidence and achieve a successful outcome. Let’s work together to make your homeownership dreams a reality.
How does the inspection period work?
In real estate transactions, the inspection period is a pivotal stage that provides buyers with a window of opportunity to thoroughly assess a property’s condition before finalizing the purchase. Here’s a concise breakdown of how it works:
Timeframe: The inspection period typically lasts around 10 days, though this can vary depending on the terms negotiated in the purchase agreement.
Process: During this period, buyers have the freedom to conduct inspections of the property to uncover any potential issues or concerns. As your real estate agent, I will coordinate and schedule these inspections on your behalf, tailored to your specific needs and preferences.
Options: Depending on the property and your preferences, you may opt for various inspections, including assessments of the home’s structural integrity, mechanical systems, appliances, and more. Additionally, specialized inspections for issues like lead-based paint, or mold may be arranged as needed.
Review: Once the inspections are complete, you’ll receive detailed reports outlining any findings or areas of concern. We’ll review these reports together to determine if any repairs or further negotiations with the seller are necessary.
Negotiation: If significant issues are uncovered during the inspection process, we’ll work together to negotiate with the seller to address these concerns before moving forward with the purchase.
By understanding the inspection period and how it works, you can proceed with confidence knowing that you have the opportunity to thoroughly assess the property and address any potential issues before closing the deal. As your dedicated real estate agent, I’m here to guide you through every step of the inspection process and ensure that your interests are protected. Let’s work together to find your dream home with peace of mind.
What Happens if the Home Appraisal comes in lower than the Price?
In real estate transactions, an appraisal serves as an essential step in determining the fair market value of a property. However, what happens if the appraisal comes in lower than the agreed-upon price? Here’s a concise explanation:
When an appraisal comes in lower than the agreed-upon price, it can present challenges for both buyers and sellers. Here’s what typically occurs in such situations:
Reevaluation of the Offer: Upon receiving a low appraisal, the buyer and seller will need to reassess the terms of the offer. The buyer may need to decide whether they’re willing to proceed with the purchase at the appraised value, while the seller may need to consider adjusting the sale price or negotiating other terms to keep the deal moving forward.
Negotiation: In many cases, the buyer and seller will attempt to negotiate a solution that satisfies both parties. This may involve renegotiating the sale price, with the seller agreeing to lower the price to match the appraised value or the buyer agreeing to bring additional funds to the table to cover the shortfall.
Options for the Buyer: If the buyer is unwilling or unable to proceed with the purchase at the appraised value, they may have several options. They could request a second appraisal, dispute the initial appraisal findings, or walk away from the deal altogether if they’re unable to reach a satisfactory resolution with the seller.
Options for the Seller: On the seller’s side, options may include lowering the sale price to match the appraised value, providing additional documentation to support the property’s value, or seeking a second opinion from another appraiser. Alternatively, the seller may choose to relist the property and seek out a new buyer who is willing to pay the agreed-upon price.
Ultimately, how the parties proceed in the event of a low appraisal will depend on various factors, including their motivations, the current market conditions, and their willingness to negotiate. Working closely with their real estate agents, buyers and sellers can explore their options and find a solution that best meets their needs and objectives.
In summary, while a low appraisal can complicate a real estate transaction, it doesn’t necessarily mean the deal is dead. With open communication, flexibility, and a willingness to negotiate, buyers and sellers can often find a resolution that allows the transaction to move forward to a successful closing.
When do I get my Keys?
Here’s a concise guide to this exciting milestone:
Closing Preparation: In the days leading up to closing, your real estate agent and the title / escrow officer will work together to ensure all necessary paperwork is in order. This includes coordinating with your lender, reviewing the closing disclosure, and scheduling the closing appointment.
Signing Documents: The signing of closing documents typically occurs the day before the scheduled closing date. During this appointment, you’ll sign a variety of legal documents, including the loan documents and the closing statement. Your real estate agent will be present to guide you through the process and answer any questions you may have.
Final Walkthrough: Before closing, you’ll have the opportunity to conduct a final walkthrough of the property to ensure it’s in the same condition as when you agreed to purchase it. This is your chance to verify that any agreed-upon repairs have been completed and that no new issues have arisen since your last visit.
Closing Day: On the day of closing, the transaction will be finalized, and ownership of the property will transfer from the seller to you, the buyer. This typically involves meeting with the title or escrow officer to sign the remaining documents and provide any necessary funds for closing costs and down payment.
Recording and Funding: Once all documents are signed and funds are provided, the title or escrow officer will coordinate with the appropriate parties to ensure that the transaction is recorded with the county and that funds are disbursed accordingly. This process may take a few hours to complete.
Receiving the Keys: Once everything has been recorded and funded, your real estate agent will meet you at the property to hand over the keys. This exciting moment marks the official transfer of ownership, and you can finally step into your new home and begin making memories.
Would you like a Custom Property Search?
Have us Email you a Custom Property-Search showing only the houses that meet all of your specific criteria and areas. Let us know the type of home you are looking for, and how frequently you would like to receive updated home searches.
Office: (520) 301-3651
