Buying a home is a major decision that takes time and thought. After all, you are making one of the biggest financial choices of your life in buying the largest financial asset of your life; your home. How you go about doing this is entirely up to you, but by choosing the right real estate professional to represent you in the task of buying your next home can become much easier. This handout is to provide you with information so that you will know exactly what to expect in a real estate transaction with me. My job is to keep you informed at all times in the purchase of your home.
Understanding market conditions are extremely important when purchasing your home. How much you pay for your new home, and how the seller responds, depend on local market conditions. There are three “types” of markets: Buyer's Market – More homes on the market than buyers. Lots of competition from other sellers. Prices drop and homes take longer to sell. Seller's Market – Lots of buyers. Not that many houses for sale. Prices increase, and homes sell quickly. Balanced Market – Sellers accept reasonable offers. Homes sell within an acceptable time period. Prices are generally stable.
I want to save you time and money. I know your community, I know what is important when buying a home, and I know all the intricacies of the process, from finding a home, to negotiating a price, to closing a deal. As your REALTOR® I will: Screen the available homes in your neighborhood to make sure that the houses you look at fit your budget and your requirements. I will give you important information on local real estate values, taxes, utility costs, services, and amenities. I want to guide you through the viewing process showing you features you may not have noticed and problems you may not have spotted. I will be there to advise you about your legal and financial options. I will recommend expert help when needed, such as home appraisal, home inspection, and contracting services. Finally, I will manage your offers and counter-offers, and use my skills and experience as a negotiator to make sure you get the best deal possible. The following pages will help you understood the home buying process.
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