How Can an Agent Help Me Buy a Home?
Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers puzzled.
A real estate agent can help guide you through each step of the buying process, offering beneficial advice along the way. By working with a professional agent who has great amount of experience in the real estate industry, you’ll breeze through the process, and end up with the perfect new home.
Here are some of the key areas that an agent can help you 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.
Choosing a home
For most buyers, choosing a home is a difficult process. However, an agent can assist you by offering detailed information about each property you have in mind. From local community information like schools and zoning to home-specific details like condition and amenities, an agent can help you find exactly what you’re looking for.
Making an offer
Once you’ve found the home of your dreams, an agent will 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.