Posts Tagged ‘Price’
The key to a smooth and successful deal as a single buyer is to pick the right people to guide you through the process. Assuming you’re a first-time home buyer, you need to assemble a team of professionals that have been discussed in earlier chapters such as:
Not surprisingly, the National Association of Realtors (NAR) reports that nearly 30 percent of 2006 home sales were to single buyers. What’s interesting is that single females accounted for about 21 percent, compared to 9 percent for single men. Furthermore, more women (15.5 million) than men (11.8 million) live alone.
Once you’ve made an offer on a home and the seller has accepted it, the clock starts ticking on certain deadlines written into the purchase offer. Many buyers rely on their agents or loan officers to keep track of the important dates, but if they mess up, you’re the one who pays the price of a failed deal.
The first thing Carol did when she met Max and Andrea was to ask them if they were working with a mortgage lender. When they said no, she arranged for them to meet with a lender and get the approval process started.
Having a good Realtor on your side is the best thing you can do to find the home you’re looking for and get the best deal. These agents know the market, the best neighborhoods, and what type of loan will best fit your situation. You’ll save a lot of wheel spinning if you get an agent in the beginning.