The More You Know
When buying a home, as with most endeavors, the more you know, the easier it will be. Proper planning will help you to focus on what you want out of your real estate purchase. Furthermore, planning will help you anticipate and prepare for requests from brokers, lawyers, lenders and a host of other professionals. This will allow you to complete your transaction with a minimum of hassles.
Selecting a Real Estate Professional
Though no law requires the use of one, a licensed real estate agent can provide a wide range of services and advice to assist you with the home buying process. In addition to finding available properties, the agent may be helpful in other ways.
A good real estate agent will assist you with all the steps of your real estate transaction. He or she will be well acquainted with all the important things you’ll want to know about a neighborhood you may be considering, such as the quality of the schools, the number of children in the area and the safety of the neighborhood. The agent can supply information on real estate values, taxes, insurance,
utility costs and municipal services and facilities.
All the financial details that can seem so mind-boggling to first-time home buyers are something the agent deals with daily. He or she will help you figure the price range you can afford, explain the advantages and disadvantages of different types of mortgages and guide you through the paperwork. The agent can help you prepare an offer to purchase and help with negotiations. The agent can also be of assistance with lining up financing and inspections and during the closing process.