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Considering Buying A Home?
If you are thinking about buying home in the near future, I am sure you will find the information in my site very valuable.
Our area is a beautiful place to live, replete with landmarks, lifestyles and attractions as diverse and colorful as the people who call it home. With so many lifestyle options available, it is important to have a team that knows the area representing you, and helping you make the most important purchase of your life.
We take the buying process as seriously as our buyers do, therefore we offer nothing but the highest quality of service to our clients. We pride ourselves on the way we do business. Our core values are:
We'll help you understand the current condition of the market and get all the information that will quickly position you with a variety of great choices and negotiating leverage.
Please feel free to call me if you would like me to show you some homes or needed additional information or a price assessment regarding a listing thats of interest.
BUYERS Frequent Asked Questions :
Do I Need A Realtor When Purchasing A Home?
YES! It's just that simple. This is the single largest financial transaction that people make and sure you need an agent who will represent you and work in your best interest during the home buying negotiation process. A buyer's agent will work to negotiate the best price, ensure the property is inspected, review disclosures, reports and make sure you have the representation you need. Things you tell a buyer's agent remain confidential.
Who Pays Buyer’s Agent Commission?
A licensed Realtor representing you will not cost the buyer anything. Buyer’s agent is simply working for the same commission that is paid by the seller and split it with the seller's listing agent. While there is still some argument that this method leaves the incentive for a higher sales price, buyer's agencies counter by pointing out that a $10,000 savings for the buyer only amounts to a $150 difference in commission for the buyer agent. They feel that the benefit of your satisfaction with their service and the word of mouth promotion they will get outweigh the loss of this small amount of money.
Do I need to get a mortgage pre-approval?
In the house-buying process, the benefit of being pre-approved is twofold. Not only do you have the added comfort of knowing what you can afford but most sellers will not even look at an offer much less accept one without a pre-approval letter.
When can I start House hunting
Once you’ve had the initial conversation with your agent and you’ve got a loan approval, you are ready to start house hunting. Your agent will search the MLS listings and give you a printout or email you houses that meet the criteria for your ideal home.
Don't forget to do some looking around of your own just in case the agent misses something. This is where your communication with the agent is critical. The agent needs to have a really good idea of what you want in order to make your search as efficient as possible.
Making an Offer on a House
When you've found the house and are ready to make an offer, there are several steps you need to take and contracts that need to be drawn up. Here is where your agent really comes in handy.
The first thing that happens is your official offer, or bid. When you make the offer, you have to keep in mind that it could easily become a legally binding contract if the seller accepts it. Because of this, you need to make sure the offer includes all of the contingencies, concessions, and other details you need it to cover.
Your agreement may not be only about the money, either; there may be other terms and demands that you have to deal with. Just remember that until you have a signed contract, anyone else can step in and make another offer.
Escrow: How does it work?
Whether you are the buyer, seller, lender or borrower, you want the assurance that no funds or property will change hands until ALL of the instructions in the transaction have been followed. The escrow holder has the obligation to safeguard the funds and/or documents and to disburse funds and/or convey title only when all provisions of the escrow have been complied with. The escrow officer will process the escrow, in accordance with the escrow instructions, and when all conditions required in the escrow can be met or achieved, the escrow will be "closed.“
IF YOU HAVE ANY OTHER QUESTIONS PLEASE DO NOT HESITATE TO CONTACT ME.
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