Buying a Home: Understanding the Professionals Who Can Save
Buying home is complicated. Even with a ton of research, without a ton of experience and knowledge and hookups, buying the right home is almost always going to need a professional. Few, if any, regular, untrained average American citizens would be able to navigate their ways into their dream home. Maybe, with all the resources available, an individual could navigate themselves into a home, but usually not the best home.
One huge issue that even a repeated buyer would find is that the housing regulations, laws, and culture change from neighborhood to neighborhood, city to city, and state to state. Because of the difference in the world of real estate from one geographical place to another, unless a buyer is just buying from a sibling down the street, it is almost always a necessity.
The first team member a home buyer should recruit or hire is their personal agent. First, the agent should be more than a licensed real estate dealer, they should be a member of the national association of realtors or a realtor. Second, they should represent the buyer’s interest. That is the trick. Almost all realtors are representing the seller and get their commission from the sell of the home. Therefore, the realtors usually are more interested in the seller’s interest and not the buyers since the realtor will earn more from the house if they sell it for more. The realtor should have a great personality that is easy to get along with but is still professional and is reassuring that they will do everything they can to make you happy.
The next member of the team should be the broker or the lender. No need to throw a dart at a dart board to find a broker as they will be in your life for up to the next thirty years. The internet has plenty of sites devoted to making sure that the borrower will get the best deal on their home. A great time to buy a home is during low interest rates when the fixed rate will not go up and the monthly payments can be lower.
Lastly, hire a worth wild inspector. There is a lot of competition for a good inspector because an inspector can make the difference between a thousand dollar repair the seller makes before selling the home or even a total condemning discovery showing that the home has black mold, collapsing foundation, deteriorating roof, or a slew of other problems the real estate might be carrying. For example, if a person skips the inspection and later discovers the home is totally rotted with termites and is going to collapse, then they and the bank loose hundreds of thousands of dollars. If the inspector does a poor job and rushes things and the company does not offer insurance, then they buyer could be up a creek so it is critical that a little research goes into the home inspector. One way to really tell if they are a good inspector is to look at their clip board and inspect their lists to see if they take extensive notes while they are inspecting the home. No half effort jobs can be allowed!
Author Bio: Juhlin Youlien writes about Paradise Valley AZ homes and Fountain Hills Real Estate and other real estate like Homes for sale in Tucson AZ and Tempe AZ homes for sale.
Category: Real Estate
Keywords: homes for sale, real estate, buying a home, selling a home, loan, mortgage, foreclosurehomes for sal