Using a real estate agent is a very good idea. All the details involved in home buying, particularly the financial ones, can be mind-boggling. A good real estate professional can guide you through the entire process and make the experience much easier. A real estate agent will be well-acquainted with all the important things you’ll want to know about a neighborhood you may be considering…the quality of schools, the number of children in the area, the safety of the neighborhood, traffic volume, and more. A Realtor will help you figure the price range you can afford and search the multiple listing services for homes you’ll want to see. With immediate access to homes as soon as they’re put on the market, the Realtor can save you hours of wasted driving-around time. When it’s time to make an offer on a home, the Realtor can point out ways to structure your deal to save you money. A Realtor will explain the advantages and disadvantages of different types of mortgages, inspections, out of pocket costs, guide you through the paperwork, and be there to hold your hand and answer last-minute questions when you sign the final papers at closing. The commission payment comes from the home seller – not from the buyer.
Posted in: FAQs for Buyers