10. You\u2019re ready to stop paying your landlord\u2019s mortgage payment, and start building wealth of your own.<\/p>\n
9. You could use the property tax and mortgage interest deductions.<\/p>\n
8. You want a vested interest in your community.<\/p>\n
7. It\u2019s mid-August and you can no longer tolerate waiting for your landlord to send someone to fix your air conditioner.<\/p>\n
6. You are working at a job where you won\u2019t leave the country every other year.<\/p>\n
5. You want to provide your family with a sense of stability and plant roots.<\/p>\n
4. There are more than twice as many people as bedrooms in your current residence.<\/p>\n
3. You want to paint the walls of your bedroom any color you please.<\/p>\n
2. You are tired of saving all your quarters for the laundromat.<\/p>\n
1. When you say you are \u201cgoing home,\u201d you want to really mean it!<\/p>\n\t\t\t10 Steps to Buying a Home<\/a>\n\t\t\t\t\t\t\tExpand<\/i><\/a>\n\t\t
STEP 1 \u2013 DEFINE NEEDS FOR YOUR NEW HOME<\/p>\n
STEP 2 \u2013 PRE-APPROVAL VS. PRE-QUALIFICATION<\/p>\n
STEP 3 \u2013 NEIGHBORHOOD INFORMATION<\/p>\n
STEP 4 \u2013 HOME SEARCH<\/p>\n
STEP 5 \u2013 MAKE AN OFFER<\/p>\n
STEP 6 \u2013 NEGOTIATING TO BUY<\/p>\n
STEP 7 \u2013 SERVICE PROVIDER COORDINATION<\/p>\n
STEP 8 \u2013 BEFORE YOU CLOSE<\/p>\n
STEP 9 \u2013 CLOSING ON A HOME<\/p>\n
STEP 10 \u2013 POST-CLOSING<\/p>\n
Congratulations on the purchase of your new home!<\/p>\n
Now that you have taken ownership of it you will need to have your electricity, cable and phone set up. Also be aware of typical homeowner expenses such as Neighborhood Association fees, landscaping costs, and annual taxes and budget for them accordingly.<\/p>\n\t\t\tQuestions to Ask Your REALTOR\u00ae<\/a>\n\t\t\t\t\t\t\tExpand<\/i><\/a>\n\t\t1. Are you a full-time professional Realtor\u00ae? How long have you worked full time in real estate? How long have you been representing buyers? What professional designations do you have?
\nKnowing whether or not your agent practices full time can help you determine potential scheduling conflicts and his or her commitment to your transaction. As with any profession, the number of years a person has been in the business does not necessarily reflect the level of service you can expect, but it is a good starting point for your discussion. The same issue can apply to professional designations.\n2. Do you have a personal assistant, team or staff to handle different parts of the purchase? What are their names and how will each of them help me in my transaction? How do I communicate with them?
\nIt is not uncommon for agents who sell a lot of houses to hire people to work with them. They typically work on a referral basis, and, as their businesses grow, they must be able to deliver the same or higher quality service to more people.\n
Although seller agencies still exists in certain areas, agents today almost always have a sense of moral obligation to buyers. Find out what is common in your area and understand what kind of agent you have before you begin to work with them.<\/p>\n6. How will you get paid? How are your fees structured? May I have that in writing?
\nIn many areas, the seller pays all agent commissions. Sometimes, agents will have other small fees, such as administrative or special service fees, that are charged to clients, regardless of whether they are buying or selling. Be aware of the big picture before you sign any agreements. Ask for an estimate of buyer costs from any agent you contemplate employing.\n7. What distinguishes you from other real estate agents? What is your negotiating style and how does it differ from others? What geographic areas do you specialize in?
\nEach agent has unique methods of overcoming obstacles and negotiating deals. The most important thing is to make sure your agent is an effective advocate for you.\n8. Will you give me names of past clients?
\nInterviewing an agent can be similar to interviewing someone to work in your office. Contacting references can be a reliable way for you to understand how he or she works, and whether or not this style is compatible with your own.\n9. Do you have a performance guarantee? If I am not satisfied with your performance, can I terminate our Buyer Agency Agreement?
\nIn the heavily regulated world of real estate, it can be difficult for an agent to offer a performance guarantee. If your agent does not have a guarantee, it does not mean they are not committed to high standards. Typically, he or she will verbally outline what you can expect from their performance. We understand the importance of win-win business relationships: the agent does not benefit if the client does not also benefit.\n10. How will you keep in contact with me during the buying process?
\nSome agents may email, fax or call you daily to tell you about properties that meet your criteria, while others will keep in touch weekly. Asking this question can help you to reconcile your needs with your agent\u2019s systems.\n\t\t\tShould You Work With a Buyer\u2019s Agent?\u2026A Seller\u2019s Agent?<\/a>\n\t\t\t\t\t\t\tExpand<\/i><\/a>\n\t\t
Keep in mind that real estate laws differ from state to state and even from locale to locale. For more in-depth answers, talk with a knowledgeable real estate professional and ask about local practices. Be sure you understand and are comfortable with the services of the real estate agent you engage.<\/p>\n\t\t\tHow to Make Your Move Easier on Your Family<\/a>\n\t\t\t\t\t\t\tExpand<\/i><\/a>\n\t\t
Buyers Tips Top 10 Signs That You Are Ready to Buy a Home Expand 10. You\u2019re ready to stop paying your landlord\u2019s mortgage payment, and start building wealth of your own. 9. You could use the property tax and mortgage interest deductions. 8. You want a vested interest in your community. 7. It\u2019s mid-August and…<\/p>\n","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"\n