BUYER TOOLS AND TIPS

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BUYER TIPS

Use the services of an experienced REALTOR®. Many times buyers avoid using the services of a REALTOR® under the mistaken belief that it costs them less money - or that they will be able to negotiate a better deal directly with the seller or seller's agent. This can be an expensive mistake.

If you are negotiating directly witht he seller or seller's agent, you may not be taking advantage of the best deal available in the marketplace today. You can have your own REALTOR®, a Buyer Broker or Purchaser's Agent, who is committed to using the experience gained through hundreds of successful negoitations for YOUR benefit - AT NO COST TO YOU! Your agent can be paid from the same commission that the seller's agent is paid from - by the seller.

Real Estate is a unique business, where an agent with one day's experience and no sales gets paid the same as an agent with several years of experience and hundreds of successful sales. An experienced agent can help you avoid the other costly mistakes outlined here, and make your home buying experience an enjoyable, stress-free one!

Know whom the agent is REALLY working for. It is important for buyers to know and understand for whom the agent helping with the house hunting is actually working. The agent may be working as a sub-agent representing the seller's best interests during negotiations - or as your agent representing your best interests during negoitations. If you are not sure who your agent is working for - ask for clarification. Your REALTOR® must fully explain agency. When negotiations commence, wouldn't you want to know whether information you divulge will be used for the seller's benefit or yours? Please see "Working With Real Estate Agents" brochure attached to our home page.

Have the home inspected by a competent home inspection company. Buying a home is a major purchase usually made after spending just half an hour looking at the home. Isn't it worth ensuring you will not be surprised later with defects that cost you money? Your REALTOR® can recommend several companies for you to choose from.

Take the steps to be finacially pre-qualified, and having an interest rate guarantee BEFORE looking at homes. Knowing how much you can comfortably afford will ensure you are looking in the right price range and prevent you from buying a home that will strain you financially and emotionally. Having an interest rate guarantee will protect you in times of fluctuating rates and ensure that your initial projected payments do not suddenly escalate, resulting in extra interest charges. An experienced REALTOR® can help you initiate this process and can also recommend alternative sources of financing.

Please let us know if this information was helpful to you. sales@mountainfeverrealestate.com