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Showing posts from February, 2019

What Does a Buyer's Agent do?

Last week I reviewed what a seller's agent should do for you. Now let's review the flip side of that coin: a buyer's agent. This legwork is a lot different than a seller's agent and not on just the premise that you are clearly buying a home, not selling one. A buyer's agent will ask the harder questions. Especially involving your finances. What may feel like an intrusion into a taboo topic is really a game changer for YOU . Think of it this way, if you're not pre-aproved or approved for a home and you sign a contract, you can still be legally obligated to either complete the purchase (whether you have the money or not) or forfeit your earnest money. Or worse, it goes to court because the seller is angry. The basic financial questions don't seem so bad, now do they? We are not financial advisers. We are not looking to tell you how to manage your money or where to invest it. We are also not going to judge you on how you've been spending your money.

What Does a Seller's Agent do?

Good question and obviously based off exactly who you ask, the answer will always change and evolve. As it should. Technology changes and communication with it, so why wouldn't a real estate profession change too? But let's touch on the nitty gritty of what it is you are paying them to do. Obviously you are paying them to facilitate the buyer of a home but what exactly does that entail? In its most simplest form, it's putting a sign in your yard and putting your information into a Multiple Listing Service (MLS). A MLS is all the data about taxed properties a real estate agent could possibly want technologically streamlined for everyone's convenience. Now. Is that ALL they do? It shouldn't be. Even if it was for a listing of a home in a hot area of town where homes are selling fast, you want someone that has an excellent marketing strategy with both paper and digital. Here at Exit there's a slew of things digitally that you have available to you just for pic

The Dreaded Large Home Buying Down-payment Myth

As we get older we seem to ponder all those checklists. Did you turn the stove off? Did you buy those mythology socks? They aren't on sale every day, you know. But we really tend to stew the most on the ones geared to making sure you are really an adult and not just another income taxed social security stamped drone, either. (You better check the stove. Just saying.) The biggest one on the checklist, of course, being: buying a home. Let's face it, it's an expensive endeavor. It also doesn't stop after the purchase is completed BUT let me, Kurstin Raposa , let you in on a little secret... You, yeah YOU, can most likely afford a home today. YES. YOU CAN. It's not just an affirmation to get you excited and motivated (although, please, don't let it stop you from being that too) but it's true! I sat down today with lender Corey White from USA Mortgage about some options available to those interested in finally checking home buying off their adulting