Tips for Buyers
- Financing is the First Step
The first step in the Home Buying process is securing financing. Make an appointment with mortgage representative to determine your financial parameters. Sellers expect offers to be accompanied by a pre-qualification or pre-approval letter so planning ahead is crucial.
- Look Before You Leap
Choosing a Realtor is not a decision to take lightly. Be sure to find a Realtor with your interests in mind. More importantly, be certain to find a Realtor that is licensed and a full-time professional who is trained and experienced in the style, location, and price range that you are looking for. An inexperienced Realtor, or one not familiar with properties meeting your criteria can cost you valuable time and money!
- Feedback is Your Friend
Keep your Realtor apprised of your feelings, likes, and dislikes. Your Realtor is there to help you find the perfect property for you, the more information they have, the better equipped they are serve you effectively.
- Loyalty Pays Off
Take your time to select the perfect Realtor to suit your needs, and stay with them. An exclusive relationship with a Realtor motivates that agent to work hard and fast for you. The relationship you create with your Realtor could last a lifetime.
- Inspections, The Soon the Better
Identifying problem areas or issues that will need to be resolved should be done as soon as possible. Once an offer is accepted, the buyer generally has only 7-10 days to perform any necessary inspection and bring any issues to light. Waiting until the last moment could leave both parties unsatisfied, or even sour the deal.
- Attorneys are Sound Advice
Purchasing or selling a property is very big deal. Most likely seller will have representation. Considering all that is at steak, you should have someone skilled at looking out for your best interests. Keep in mind that Real Estate Agents are not lawyers and cannot give legal advice. Experience shows that saving money on Attorney fees can cost more in the long run.
- Empathy Is A Powerful Tool
Selling a house can be a very emotional experience. Many sellers have strong emotional ties to their home are comforted knowing the buyers will appreciate and maintain their home as they would have. When submitting an offer, keep in mind you are bidding on someone’s home; they would like to know what you like and why you like it. Taking time to write a personal note goes a long way.
- Prepare to Compromise
The home buying process can be long and challenging. Finding the perfect home in the perfect location in perfect condition may not happen,
