The buyer's counseling session is one of the most valuable experiences for first-time home buyers. The buyer gets to learn in a 30 to 60 minute session the basic outline for the entire real estate purchase transaction. This can set up a smooth and successful home buying process.
The buyer learns what to expect and is therefore not surprised when things like earnest money and home inspections are discussed when an offer situation presents itself. Other topics include making offers and negotiating, choosing a closing date, getting a pre-approval letter, and many more.
I encourage many people I work with to take a few minutes in the beginning to get their expectations in tune with the realities of the market. This will benefit them greatly by giving them the information and knowledge they will need and rely on when its time to make the offer on their first home.
P.S. - Many people who have purchased homes in the past never had the benefit of a buyer's counseling session, they may still benefit from going over topics they have heard of, but don't have a clear understanding of the benefits and challenges associated with specific aspects of a purchase transaction.
KeithMaki.com - Find the latest foreclosures, hot listings, market trends and more!
Sunday, April 6, 2008
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Many investors and home owners are convinced that paying for title insurance is totally unnecessary.Here, we uncover the hidden truths with real-life examples of deals, voice our opinion, and let you be the judge.
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Ancil
Addiction Therapy
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