Buying a home can be an overwhelming process. From financing, to negotiating, to closing, there are a lot of moving pieces that can leave home buyers bewildered. However, the process doesn't have to be all consuming.
A real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.
Here are some of the key areas that having the right agent can help with:
Getting pre-approved by a lender
By providing your real estate agent with some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved by a reputable lender. The lender will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs. An important factor, that many buyers overlook, is the type of loan you qualify for. Not all loans enable you to purchase any property. Different loans have different guidelines. An agent can narrow things down and show you houses accordingly.
Choosing a home
For most buyers, choosing a home is an emotional process. An agent can assist you in this process by offering objective information about each property you look at. By discussing what you are looking as far as needs vs wants in a local community like schools and zoning, to home-specific details like condition and amenities, an agent can help you find exactly what you’re looking for. We can inform you of the newest homes to hit the market that you might not have access to when searching the various online websites.
Making an offer
Once you’ve found the home of your dreams, a buyer's agent can research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.
Closing, or settlement, can be a complicated process. In some areas, the escrow or title company handles the closing process, while in other areas an attorney handles it. Regardless of where you’re buying, a real estate agent can help ensure that everything goes smoothly.
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Relocating from New York
If you would like to move from New York and have a house to sell, I can help. As an experienced licensed realtor in NY, I have been helping home owners sell property since 2005. I know what it takes to make the move because I did it. After living in New York my entire life, it was time to make the change. Change is good. Are you ready? Click here to learn more.