Real Estate Info for Buyers


Below, select desired reports and complete the form provided.

Avoid Common Buyer Errors
Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase.
But Do You Need It
Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible.
Buying Your First Home
Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
The Right Home at the Right Price
This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
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Buyers Info


Buying a home is one of the most important purchases you will ever make, so make sure you have the right agent who can provide you with the experience and the service that you deserve.

 

THE BUYER AGENCY AGREEMENT

A real estate company acting as a 'buyer's agent' must do what is best for the buyer. A written contract called a buyer agency agreement establishes buyer agency. It also explains services the company will provide, establishes a fee arrangement for the Realtor's services and specifies what obligations a buyer may have. Typically, buyers will be obligated to work exclusively with the company for a specific period of time. Confidences a buyer shares with the buyer's agent must be kept confidential. Although confidential information about the buyer cannot be disclosed, a seller working with a buyer's agent can expect to be treated fairly and honestly.

 

DUAL AGENCY

Occasionally, a real estate company will be the agent of both the buyer and the seller. The buyer and seller must consent to this arrangement in their listing and buyer agency agreements. Under this 'dual agency' arrangement the company must do what is best for both the buyer and the seller. Since the company's loyalty is divided between the buyer and the seller who have conflicting interests, it is absolutely essential that a dual agency relationship be established in a written agency agreement. This agreement specifically describes the rights and duties of everyone involved and any limitations to those rights and duties.

 

SO WHO'S WORKING FOR YOU?

It is important that you understand who the Realtor is working for. For example, both the seller and the buyer may have their own agent which means they each have a Realtor who is working for them ... or, some buyers choose to contact the seller's agent directly. Under this arrangement the Realtor is working for the seller, and must do what is best for the seller, but may provide many valuable services to the buyer.

 

CODE OF ETHICS

Realtors believe it is important that the people they work with understand their agency relationship.The Code requires Realtors to disclose in writing the nature of the services they are providing, and encourages Realtors to obtain written acknowledgement of that disclosure. The Code also requires Realtors to enter into a written agency agreement with any sellers or buyers they are representing.

Realtors are governed by the legal concept of 'agency'. An agent is legally obligated to look after the best interest of the person he or she is working for. The agent must be loyal to that person. A real estate company may be your agent, if you have clearly established an agency relationship with that Realtor. But often, you may assume such an obligation exists when it does not. Realtors believe it is important that the people they work with understand when an agency relationship exists and when it does not... and, understand what it means.

 

LOOKING FOR A NEW HOME?

There's nothing we take more seriously than helping people find new homes they love. We'll also spend time learning your personal real estate needs, based on:

  • Your preferred price range
  • What style of home you want
  • What area(s) you want to look in
  • What extras you would like
  • Determine what you will qualify for
  • Your preferred down payment
  • Your preferred monthly payment
  • Which types of finance are best for you
  • How you can get a mortgage
  • WHY SHOULD I GET A MORTGAGE?

  • Getting a pre-approved mortgage is a great way to get started. With a mortgage approval, you will be in a better position to negotiate with sellers. You will also be able to close on a property quicker than other buyers. This shows the seller how serious you are about the property, and it will make the seller more comfortable working with you. In a "seller's market," or where supplies are limited, a pre-approved mortgage is essential.

     

    WHAT DO I NEED?

    If you decide to apply for a mortgage, you will need to supply information with regards to your income, expenses, and obligations. For a full list of the items you need to bring, please contact us. Got bad credit? That's okay. Many lenders will help you find a solution to your credit problems. We work with various mortgage companies that can help you.