| Advice to Help When You're Buying a HomeFirst time | | | | are standard in your area? Are there other inspections |
| home buyers might feel better to know that they're | | | | that the agent recommends?How much do the |
| not the only ones who feel confused about the | | | | inspections usually cost? Are they regarded as a |
| process of buying a home. Nearly all home buyers feel | | | | buyer expense?When are inspections done?Is a |
| the same way, even if they've bought a house in the | | | | survey required for most transactions? If so, who |
| past, because it's easy to forget the home buying | | | | typically pays for it, the buyer or the seller?Who does |
| steps you took to get there once the event is behind | | | | the title search to verify that the deed is problem free, |
| you.Get EducatedBefore you begin, get educated | | | | attorneys or a title company? What's the average |
| about the home buying customs where you live. | | | | cost for that service?Who acts as settlement agent, |
| Relatives or friends who live in another state might | | | | the person who puts together final paperwork for you |
| have some good general advice for you, but chances | | | | to sign? (attorney, title company personnel, real estate |
| are the process is very different in their area, so avoid | | | | broker, other)?Other than loan costs, what's the |
| the mistake of relying solely on their advice to make | | | | average total cost for other closing fees?Taxes, |
| important decisions.So How Do You Get | | | | settlement agent fees, etc.How long does it usually |
| Educated?Talk to a real estate agent about the typical | | | | take to close on a home once an offer is |
| home buying scenario. This is not a meeting that should | | | | accepted?That's a good start. After you have the |
| lead to an agreement for the agent to represent | | | | answers to those questions, you'll have a better feeling |
| you.It's simply a general discussion about the real | | | | for the basic customs in your area.Always Keep a |
| estate customs in your area. An agent who won't | | | | Cool HeadEven simple problems can be a burden |
| take fifteen minutes to help you understand what to | | | | when you have so many details to take care of, so |
| expect when you're buying a home isn't much of an | | | | don't over-react if you hit a few snags on the way to |
| agent, so if the first few calls don't produce someone | | | | closing. Keep a cool head and work with the people |
| who will help, keep looking. | | | | helping you through the transaction to resolve any |
| If you don't want to talk with a real estate agent, how | | | | issues that pop up.Now Dig InAt this point, your |
| about a bank loan officer or mortgage broker? They | | | | remaining steps are no different than the steps nearly |
| look at home buying from a different perspective, but | | | | every home buyer must take. It's time to start digging |
| can usually give you a basic overview of the | | | | into the details you need to get through the home |
| process.Questions to AskIf you decide to work with | | | | buying process.Special Loans ( specialises in providing |
| an agent, will the agent help you compose your offer | | | | secured finance where banks will not. If you have |
| to purchase a home? If not, who does help?If the | | | | credit problems, are fully employed or self-employed, |
| agent uses fill-in-the-blank forms, ask for a blank | | | | have income issues or employment issues, we have |
| sample copy to take home and study.What types of | | | | the best solution for you! We provide Non-conforming |
| disclosures are sellers in your area required to give to | | | | home loans offering wholesale home loan rates as |
| buyers? Can the agent give you a sample copy of | | | | well as Standard Home Loans, unsecured personal |
| typical disclosures?What types of home inspections | | | | loans, refinance products. |