Gain a Closer Glimpse at What Goes On Behind the Scenes of the Hunt for Homes for Sale

1. April 18, 2017 Gain a Closer Glimpse at What Goes On Behind the Scenes of the Hunt for Homes for Sale Image 1: Homes for Sale: Tips on What to Do Before Making a Decision to Buy People who are looking at homes for sale for the first time will definitely be exhilarated by the experience of choosing the right property. It’s equal parts exciting and challenging, especially when there are difficulties scattered along the way. Finding the perfect location, negotiating for the right price, and preparing for any additional costs the transaction may bring all may exact a toll on you. This is why it’s important for a first-time homebuyer–or even those who have purchased a home before–work with a professional real Page | 1

2. estate agent. Following are some of the many reasons why an agents' presence is important in such a huge transaction. Application for Loans You can take care of this yourself, obviously, but your real estate agent is someone who can help expedite the loan process. They can help you by finding a mortgage lender to which you can send your application. They can also assist you in gathering and completing the requirements needed for your approval. At your end, the least you can do is prepare your credit report in advance so you can clearly assess how much you are working with in the monetary sense. In case you’re not confident about your credit standing, your agent can help you work out some strategies that will increase the odds to your favor. Property Inspection The inspection is the part when the seller’s agent shows off all the best parts about the property– which is their job, of course. To ensure you’ll be truly getting your money’s worth, your agent can help facilitate a more thorough house inspection. A professional handyman can be brought in to check for mold, foundational cracks, insulation problems and other flaws that may need repairs or improvement. This portion of the transaction is important because whatever is found in the official house inspection report can be used to your advantage. For example, if it’s found that the windows will have to be updated and replaced because they are old or the caulking is damaged, this can be listed as a discount item since you’ll be taking on the repairs. Plumbing and electrical systems are also elements that may necessitate improvements or repairs. Page | 2

3. Complete Transfer of Ownership Usually, there will be a separate agency taking care of the transferral of title and ownership to the buyer. It is your real estate agent who will have to facilitate this, as well to finally close the deal. More often than not, buyers mistakenly believe that the deal is sealed as soon as they sign the contract. This is not the case as long as you still do not have the title proving your ownership of the property. Until then, nothing should be considered final. It’s this kind of due diligence that will save you from future hassles regarding the property. A professional agency, such as The Buyer’s Agent of East Florida, can help you with all of these through reliable and experienced agents. About the Buyer’s Agent of East Florida: We are a proud Daytona-based agency focusing on providing comprehensive service for buyers. As an exclusive buyer’s agent, rest assured we will be prioritizing your best interests at all times. We appreciate the trust given to us by all our previous and existing clients, and we would be happy to earn yours, too. Sources: Top Tips for First-Time Home Buyers. Investopedia.com 5 Tips for First-Time Homebuyers. Bankrate.com Page | 3