Thanks to the media, news people in general and the political hacks who tout the minimal rise in interest rates as a great calamity have given great concern to some home sellers and real estate agents. Now, you the home buyer have an opportunity to get a better deal on your next home. Here is your opportunity: The media by blowing out of proportion minor interest rate increases has given home sellers concern about the market slow downs, and possibly being stuck with the house. You may be able to get a discount on a home if look closely and are ready to buy quickly. Start today by working with a professional Real Estate Agent. Interview 2 3 agents find the one who will serve you best by: 1)Signing a Buyer Agent Agreement where they actually represent and work for you the buyer in your real estate transaction and not the seller. 2)Will place you in a VIP Buyer Program where their team will research the MLS daily for new listings that meet your criteria and email them to you with complete descriptions and photos. 3)Will allow you to go out and preview neighborhoods and subdivisions on your own without the agent dragging you around. 4)Will assist you in getting a Mortgage Pre-Approval (puts you in drivers seat when making an offer to a seller) not just pre-qualified (which is not worth the paper its written on) 5)Will prepare a CMA and review all current listings and time on the market before helping you structure your offer. 6)Will review tax records, title documents, survey, and seller disclosures for any discrepancies before helping you structure your offer. 7)Will give you a Written Performance Guarantee (i.e. Save $5000 on your home purchase or they pay you $500 at closing. 8)Has a Team Approach to the Real Estate Business so you never get lost or dropped because your single agent cant keep up with all the paperwork, phone calls or any other buyers or sellers. 9)Will help you sell your existing home fast and for top dollar. An agent who has a Guarantee Sale Program or Trade-Up Program where they will guarantee the sale of your home so you can go out with confidence and buy your next home. Your job is: 1)Be open to the Market. 2)Determine a general location and with your agents help define your home buying criteria. 3)Be prepared to make solid non-contingent offers that work for you. 4)Be ready to close quickly if necessary. 5)Be willing to look at homes that meet 80 to 85% of your buying criteria not 100%. 6)Always have options for other homes, dont get stuck on the, I must have this home and only this home mentality. 7)Start today. |
