Preferred Client Services

University of Kentucky Residents & Fellows

I have been helping clients with their Real Estate investments for over 25 years. With millions in closed sales, it is a testament to my integrity, professionalism and dedication to my clients. I also service a very diverse and loyal client base many of whom are repeat clientele and are University of Kentucky Residents & Fellows.

Usually incoming Residents will only have a weekend to get acquainted with Lexington, find the area of town desired, find the perfect house, write an offer, negotiate the offer and leave with their new address and timeline for closing. Through years of helping Residents & Fellows buy and sell homes, I have perfected the process. I have put together a comprehensive system to make your move easier.

Relocation/Moving Services:

• Negotiated rates at local hotels
  
• Relocation Packages
  
• Help with transfer of Utilities
  
• Arrange long distance closings
• Representing you at home inspections
  
• 100% Mortgage Financing options
  
• List of preferred contractors /service
  
• Home Warranty
  
• Preferred rates at storage facilities
  
• After hours service to work with your schedule
  
• Preview homes before you come to Lexington
  

The Buying process and timeline:

Get Pre-approved for a Loan

Find a Home

Write an Offer

Inspect the House

Negotiate Repairs

Final Loan Processing

Walkthrough and Signing

Closing

Financing- How much money will I need?

Let's talk about money. We might as well start with the part of home buying that usually causes the most concern!

The money spent while buying a home can be broken down into a couple of categories: a down payment , earnest money , inspection costs , and closing costs .

The down payment is the easiest to understand. Most people pay some amount of money towards the price of the house out of their savings. For example, if you're buying a $250,000 house, and you put 10% down, then you'll need to find $25,000 cash to pay towards your home purchase. This kind of money the down payment offsets the amount of the loan that you'll need, and is paid at the scheduled closing in the form of a cashier's check or a wire transfer. The amount of down payment needed will vary based on your individual situation a loan officer should present you with several different options. Most Residents & Fellows will qualify for 100% financing and will not be required to have a down payment.

Next is earnest money . Earnest money is a check that you'll write and give to your agent at the same time that you write an offer on a house. This is cash that needs to be easily accessed in a checking account is usually easiest because the check will be cashed as soon as you and a Seller can agree on the initial purchase contract. You'll negotiate how much earnest money you'll pay with the Seller, but I usually recommend no more than 1% of the purchase price. If you're buying a $250,000 house, I'll recommend you put no more than $2500 down as earnest money. In most cases the earnest check can be for $500-$1,500. This money sits in an escrow account, and is consideration for the Seller taking their home off the market.

When you close on a house, your earnest money will be applied to your down payment and towards the third type of costs: closing costs . Closing costs include things like real estate taxes, HOA fees, recording fees, title policies, costs of setting up an escrow account, and costs that your lender charges to originate a loan. If you bring me a Good Faith Estimate from your lender, we can estimate your closing costs fairly well. A good general rule of thumb is to budget about 1-3 % of the purchase price towards closing costs.

The last group of costs are those that you will pay to have the home inspected. You'll probably want to hire a home inspector to make sure the house is sound, a termite inspector to make sure there aren't any termite infestations and possibly a radon test to assure you home is within EPA safety guidelines. Any inspections that you want done are paid for by you at the time of inspection. For most homes, this usually totals $600 or less.

Review: earnest money at the start, inspection costs in the middle, down payment and closing costs at the end. To get your final costs at the end, add your down payment, your estimated closing costs, and subtract your earnest money, and that's the final amount you need.

Testimonials

What other Doctors are saying about Donna:

Donna was an excellent realtor, we were first time buyers and she was helpful, informative and honest.  She was with us each step of the way and was available every time we called her. She went above and beyond and we will definitely use her in the future.

Dr. Rebecca Hopper & Mr. Chris Stearns

Donna was extremely personable, helpful, and worked hard to make this an enjoyable experience for us.

Drs. Andrew and Allison Vann

Donna was wonderful, informative and helpful. She made our first home purchase happen and we got the home we really wanted.

Dr. Sam & Gaylup Deel

Donna did a great job and mostly long distance too! Give her a raise!

Dr. Eric Santiago

Donna was great!  She was on top of everything, always available, and very responsive to our questions.  We would definitely use her again!

Dr. Cheryl & John Thomas

Donna Woeste went out of her way to assist us in finding a new home.  We have referred her to others and will use her again in the future.

Drs. Adam & Julia Lyles

Donna is a great realtor and I plan to refer her to anyone I know needing a realtor. She returned all calls and emails promptly and was a wealth of knowledge. I would not hesitate to use her services in the future.

Dr. Levi Proctor & Dr. Erin Moore

Donna was great.  We would recommend her to friends and we will definitely call her when we are ready to sell our home.

Dr. Adam & Tesha Bryant

My recommendation is to hire more Donna Woeste s, she provided excellent service .

Dr. Victor Pilewski

Donna was phenomenal to work with! She was not only professional, knowledgeable and generous but truly had my best interests at heart in helping me find my first home.  I could not have had a more perfect experience and was blessed to have such a wonderful realtor.

Dr. Kristin Long

Donna Woeste was incredible- she even stocked our fridge with goodies!

Dr Erik & Kim Hasenboehler

Donna is an excellent realtor and sold our house quickly, even in a down market !

Drs. Jimmy & Cortney Lee

Donna was great! I will definitely recommend her to anyone I know that needs an agent.  Donna helped us sell and buy a new home .

Dr. Paula Bailey

Donna is a great asset you should have everyone follow her example.

Dr. Chris & Emily Key

Donna was a great agent and provided excellent service.

Dr. Craig Booker

Thank you so very much for all of your help finding our house.  We really enjoyed working with you and will pass your name on to future residents.

Drs. Conan & Ginny Mustain

Saying thank you would not begin to express our appreciation of all that you have done for us!  You helped us find the perfect home and managed to keep us calm and reassured throughout the process.  We knew we could trust you and that your word is gold and that we were in great hands.

Dr. Samantha & Shane Aitchison