Buying Tips
Buying a home can be one of the most important decisions
you will make in your life. It should be a well thought out process.
When you entrust the assistance of a Real Estate Agent, you not
only get the benefits of an experienced professional - but you get
undivided attention to detail and negotiation skills necessary to
obtain the best price for your purchase.
Real Estate Agents work on a commission base salary.
The commission is paid to them by their broker after a transaction
has closed. The commission is paid by the SELLER at the time of
closing. Unless you opt for an exclusive Buyers agency agreement
with your Real Estate Agent, the Agent has no guarantee they will
get paid for showing you properties unless you write a contract
through them and the deal closes. It's very important to determine
if you are comfortable working with the Agent you choose BEFORE
embarking on viewing properties. Time is valuable for everyone.
Especially to an Agent who has to show properties to clients, only
to realize their client has not been loyal to them in seeking out
their dream home. Choose One Agent and stick with them throughout
the process. (Unless of course something makes you uncomfortable
with that Agent). The point is, do not call several Agents and make
different appointments with each of them. Every Agent has access
to the same Database of listings that are available in your area.
The steps of buying your home: Get Pre-Qualified
for a mortgage. This will help you in determining what price range
you are comfortable with. There is nothing worse than looking at
homes that are above what you are prepared to pay for. When you
realize you are not comfortable with the monthly payments in that
price range, and you've found one that you really have your heart
set on, it's disappointing to begin looking all over again. *want
to see what your approximate payments will be? Click here for our
mortgage calculator.
Determine what you can and cannot live with. Choose
how many bedrooms, bathrooms, size of your closets, etc. Do you
want a house with a big backyard? Do you want a pool? A fireplace?
Do you have 2 cars that must be put in the garage every night? Make
sure you tell your Agent these specifics so they will not waste
your time showing you things you will not like.
Once you have determined what price range you are
comfortable with and what your criteria is, contact an Agent and
let them begin the search process for you. They will look through
the Multiple Listing Service (MLS) for available properties and
make appointments to view them with you. If you already have some
homes you've found through the property search link, be sure to
give the Agent those MLS numbers so they can see if they are still
available and set up appointments for those as well. Remember, ALL
Agents have access to the same MLS database.
Be patient in your search for the perfect home.
Remember, buying your new home is a process, and all processes take
time and patience to insure you find the right one!