Call Jill (919) 961-4516
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In the multi-fauceted process of buying a home, selecting an exclusive buyer’s agent and getting pre-qualified by a lender will allow you to move forward with confidence. Discussing the features you need and want in a home will allow your agent to match you with the best locations, neighborhoods and types of home. As you view homes with your agent they will get a better understanding of your preferences and will be able to show you homes that are closer and closer matches until you find the right home. An exclusive buyer agent will work hard to present you with all of the best options, not just personal listings, and will negotiate in your very best interest at every turn.
Buying a home is both a practical and emotional matter and it’s important to make a good investment and choose a home that you enjoy living in. A good buyer’s representative will insist that you look closely at both factors as you explore the options. On the financial front, it is smart to buy a home with selling in mind. Because the equity you accrue in your home purchase will often determine your ability for obtaining future loans, it is important to pay attention to the likelihood of a home appreciating (increasing in value). An educated guess based on past appreciation is a good measure.
When the right home is identified your agent will do lots of homework to establish the home’s value. A complete market analysis will be performed and the homes history will be researched in preparation for making an appropriate offer. Once you’ve submitted the earnest money check (typically 1% of the sales price), price negotiations are complete and all parties have signed the contract, the process has only begun.
Inspections, repair negotiations, title search, survey, closing attorney, homeowners insurance and re-inspections of repairs are all important functions that your buyer’s agent will initiate as you head towards closing. Once the contract is fully executed, all inspections and repairs are completed and the home is delivered in acceptable condition you are ready to complete your purchase and will most likely receive a key at the time of closing.
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