Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave home buyers feeling lost.
An experienced real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional, local agent who knows the ins and outs of the market, negotiating process and has a large network, you’ll not only end up with a great home, but you’ll also walk away with a great experience!
Here are some of the key areas that an agent can help you with:
Getting pre-approved by a lender
By providing your lender with some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved. The lender will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs. Sellers in this red hot, South Bay market will not respond to an Offer without a pre-approval letter from a reputable lender.
Choosing a home
For most buyers, choosing a home is an emotional and overwhelming process. An agent can assist you in this process by offering objective information about each property you look at. They can also find you off-market opportunities to hopefully avoid a multiple offer situation.
From local community information like schools and zoning to home-specific details like condition and local amenities, an agent can help you find exactly what you’re looking for.
Making an offer
Once you’ve found the home of your dreams, an agent will research recent comparable on and off market sales of similar homes in the area to help determine a fair offering price. Based on those comparable sales, as well as other factors like what similar properties will be closing soon, inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.
Closing, can be a complicated process. In some areas, the escrow or title company handles the closing process, while in other areas an attorney handles it. Regardless of where you’re buying, a real estate agent can help ensure that everything goes smoothly. Here in the South Bay, escrow companies are the norm.
Your agent should be a one stop shop for you to help make the process as smooth as possible.
From lenders, to tradesmen that will help with any remodeling or cosmetic changes post close, to local restaurant suggestions, your agent can be your biggest asset while going through this life changing process. Don’t be afraid to ask!
Looking for an agent who can help guide you though the intricacies of the buying process every step of the way?
Please contact Sean – He looks forward to the opportunity to work with you!