Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave homebuyers bewildered. This is why we formed “The Home Team” – we have assembled a team of like minded professionals for every step in the process, all working together to ensure our client, YOU, are given the best information possible to help you make great decisions.
A 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 agent who knows the ins and outs of the real estate industry, 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 real estate agent with some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved by a reputable lender. 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.
Choosing a home
For most buyers, choosing a home is an emotional process. An agent can assist you in this process by offering objective information about each property you look at. From local community information like schools and zoning to home-specific details like condition and 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 sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.
Before you place an offer on a home, your real estate agent will probably discuss how to go about creating a negotiation strategy for you to get the best possible price for your new home. When bidding, do you start low, knowing the seller will then talk you up in price? Do you ask for extras like keeping the appliances? Do you hold your ground or bend slightly on what you will accept? Is there a way to guarantee that you don't lose this house? Having an experienced and knowledgeable agent guide you on your choices will help answer those worrisome questions.
After your offer on that perfect home is accepted by the seller, it's time to schedule a home inspection. Your agent may have already advised that though it may be the perfect home for you, there may be hidden things you did not notice. This is your window of opportunity to learn from a licensed inspector what repairs may be needed before you complete the purchase.
Closing, or settlement can be a complicated process. We have partnered with the very best Closing and Title companies in NH, ensuring you will never be confused or overwhemed.