Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers bewildered and should be orchestrated by a competent Realtor.
A real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry and community, you’ll not only end up with a great home, but you’ll also walk away with a great experience.
Here are some of the key areas that an agent can help you with:
Getting pre-approved by a lender
This is a very important first step in home purchase! By providing your real estate agent with some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved by a reputable lender. Lenders will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs. I am always happy to recommend some lenders based on previous client experiences.
Choosing a home
For most buyers, choosing a home is an emotional process. I can assist you in this process by offering objective information about each property you look at. From local community information like schools and zoning to home-specific details like condition and amenities, I can help you find exactly what you’re looking for.
Making an offer
Once you’ve found the home of your dreams, an agent will research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.
Closing, or settlement, can be a complicated process. In our area, a closing attorney handles the closing process after we have negotiated and are under contract. There are items that will have to be decided such as surveys, title insurance, etc. Regardless of where you’re buying, it’s a real estate agents job to help ensure that everything goes smoothly and seamlessly.