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YOUR HOME FREE

Taking Charge When Buying a Home – Selling and Buying a Home at the Same Time

Buying a Home

Why Use a REALTOR® When Buying a Home?

A DFW real estate agent can help you understand everything you need to know about the home buying process as well as the challenge of buying and selling a home at the same time.

Not all real estate licensees are the same; only those who are members of the NATIONAL ASSOCIATION OF REALTORS® are properly called REALTORS®. They proudly display the REALTOR “®” trademark on their business cards and other marketing and sales literature.

REALTORS® are committed to treat all parties to a transaction honestly. REALTORS® subscribe to a strict Code of Ethics and are expected to maintain a higher level of knowledge of the process of buying and selling real estate. An independent survey reported that 84% of home buyers would use the same REALTOR® again.

Real estate transactions involve one of the biggest financial investments of most people’s lifetime. Transactions today usually exceed $250,000. If you had a $250,000 income tax problem, would you attempt to deal with it without the help of a certified professional accountant? If you had a $250,000 legal question, would you deal with it without the help of an attorney? Considering the small upside cost and the large downside risk, it would be wise to work with a professional REALTOR® when you are buying a home.

If you’re still not convinced of the value of a REALTOR®, here are more reasons to use one:

  • Your REALTOR® can help you determine your buying power – that is, your financial reserves plus your borrowing capacity. If you give a REALTOR® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders – banks and mortgage companies – offer limited choices.
  • Your REALTOR® has many resources to assist you in your home search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.
  • Your REALTOR® can assist you in the selection process by providing objective information about each property. Agents who are REALTORS® have access to a variety of informational resources. REALTORS® can provide local community information on utilities, zoning, schools, etc. There are two things you’ll want to know: First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
  • Your REALTOR® can help you with negotiations and inspections. There are many negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or appliances. The purchase agreement should allow time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
  • Your REALTOR® provides due diligence during the property evaluation. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your REALTOR® can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the property title. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your REALTOR®, title search company or attorney can help you resolve issues that might cause problems at a later date.
  • Your REALTOR® can help you understand different financing options and identify qualified lenders.

 

Your REALTOR® can guide you through the closing process and make sure everything flows together smoothly.

What People Are Saying

This is the third house that Team Nelson has sold for us. With sales of homes dropping throughout the Metroplex Team Nelson had us an offer in less than 10 days which we took. The three other homes for sale within a three block area are still on the market after ours has closed.
jtrickel4 Avatar
jtrickel4
11/17/2022
Highly recommend working with Bill & Andra and their team at Your Home Free (Emma & Kelly) for your home buying & selling needs. We thoroughly interviewed 10 other brokers/realtors before deciding to work with their team and never regretted it. They are extremely professional, passionate, responsive, and experienced in the Dallas market. We greatly appreciate them & their time. You will be in goods hands with listing, selling, or buying your home!
zuser20150115144057455 Avatar
zuser20150115144057455
11/17/2022
We love using Team Nelson to buy and sell homes! The entire team is incredibly knowledgeable, helpful, and responsive. Tara has been are go to for anything we need to know about local market and market trends. They will schedule a meeting in person at your home and give you honest expectations of the sell of your home. They meet and often exceed the expectations they set for their customers.
Demi Devine Avatar
Demi Devine
12/30/2022