Buyers advice and real estate information
I have been a realtor in SW Michigan for over 20 years. I came across this list of 6 reasons, to use a real estate agent. There are a lot more than just six reasons but these are important ones.
Your Buyer’s Agent can help you determine you can afford. If you give a Buyer’s Agent some basic information on your financial picture ; savings, income and current debt, he or she can refer you to mortgage lenders best qualified to help you. Your Buyer’s Agent can help you in understanding different financing options and in identifying qualified lenders.
Your Buyer’s Agent can assist you in the selection process by providing objective information about each property. Agents who are REALTOR® have access to a variety of informational resources and a Code of Ethics they need to adhere to. A Buyer’s Agent can provide local community information on utilities, zoning schools, etc. There are two things you'll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
Your Buyer’s Agent has many resources to assist you in your home search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your Buyer’s Agent to find all available properties.
Your Buyer’s Agent can help you negotiate making your offer, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your Buyer’s Agent can advise you as to which investigations and inspections are recommended or required.
Your Buyer’s Agent provides due diligence during the evaluation of the property and could include inspections for termites, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Learn More
Your Buyer’s Agent can guide you through the closing process and make sure everything flows together smoothly. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your Buyer’s Agent, Title Company or attorney can help you resolve issues that might cause problems at a later date.
Want to learn more? Let us talk!
Valerie Bomberger, ABR Michigan Realtor
Mobile /Text (269) 208-4750