Buying a Home
Owning your own home is a universal and timeless dream.
In many ways, this dream is more accessible today than ever before. However, one of the first realizations a prospective real estate buyer often comes to is that the "dream home" does not always seem affordable.
Buying a home has changed in the New Millennium. Before, buyers usually shopped for the best house they could find, then "took out” a loan to pay for it. Today, prospective buyers must shop as thoroughly for the best financing as they do for the best house.
Buying a home is a wise decision because property is one of the best and most secure investments available. Rarely, if ever, does Real Estate decrease in value. Depending on the area in which you live, buying a home may boast significant tax advantages over apartment or home renting. Home equity is another consideration. The equity you build as your home appreciates in value will allow you to borrow for expenses like a new car or college tuition. Your home’s equity is also the ideal down payment on the purchase of a second real estate property or an "escape property" or vacation residence.
Emotional Advantages to Owning:
Buying a home also has several emotional advantages. The independence of ownership means that you’ll no longer have to worry about rent increases and the demands of a landlord. Another advantage is a homeowner’s power to personalize! When you own your own home, you can paint and decorate as much as you want. It’s your place!
Do I Need A Real Estate Sales Representative?
An Important Question Before You Start Looking:
Many potential home buyers may wonder, do I really need a Real Estate Sales Representative? In a word: Yes! A committed and professional Sales Representative will make the complex process of purchasing a home both simple and painless.
A good Sales Representative should:
- Know market conditions in your community.
- Show updated knowledge of financing and mortgage rates.
- Know what is negotiable in a contract and what is not.
An experienced Sales Representative will also understand the complexities and importance of:
- Title
- Taxes
- Survey
- Zoning and building laws
- Insurance
Buyer Representation Agreement
A written contract called a Buyer Representation Agreement establishes "Buyer Agency". It explains services the company will provide, establishes a fee arrangement for the Real Estate Sales Representative's services and specifies what obligations a buyer may have. The buyer's Real Estate Sales Representative works for the buyer and is legally obligated to look after their best interests throughout the entire real estate transaction. This Sales Representative owes full fiduciary responsibilities, duties and loyalty to the real estate buyer.
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When Looking For A Home, You Should Seek Out:
- A Home That Fits Your Needs.
- A Suitable Location.
- The Best Possible Terms.
- The Best Possible Price.
- All of the Above In the Most Convenient Way Possible.
Finding you a great home, in a good community, with the best possible terms and at the lowest possible price, is what we do. The Home free Buyer’s Guide is how we do it. Home free’s eight-step buying program will ensure your new residence is exactly what you’re looking for.
Our Secret To Finding You The Home Of Your Dreams:
1. Home Buyer Information
This is where you're Higher Standards Sales Representative learns everything they can about you, including:
What you want in a home?
What you need in a home?
When you want to move?
2. Property Information
You're Higher Standards Sales Representative will walk you through an examination of your current residence and discuss your likes and dislikes.
3. Area Selection
This is where you're Higher Standards Sales Representative will help you determine the areas that are the most convenient for your lifestyle.
4. Financial Information
By considering your income, equity and debt, we will help you determine a suitable price range and financing requirements.
5. Property Selection
We will evaluate specific homes to determine if they meet your needs. Together we will find a home perfect for you.
6. Purchase Analysis
We will prepare a Purchase Analysis to ensure that the home you’ve selected is appropriately priced.
7. Negotiations and Closing
In this important period, your Higher Standards Sales Representative will monitor each step leading up to closing, including:
Preparing the offer
Loan applications
Title reports
Home inspections.
8. Relocation and Moving Following the closing of your home’s sale, your Higher Standards Sales Representative will help you coordinate every aspect of your move.