As they say, your home is often the largest
investment you will make. The process can be stressful
and daunting for seasoned homeowners not to mention first time home buyers…especially
in a market that in many areas of the metroplex has transitioned to a seller’s
market. Here are a few tips to prepare first time home buyers for the purchase of their first home:
Get pre-approved for a loan. Not only do you need to know what your budget
and buying power are but you will need a pre-approval letter from a lender to
submit with any offers you make when you find the home you want: the sellers will want to know that a mortgage
lender is willing to give you a loan so they can close on the sale on their
home. Don’t go shopping without one (a
The market has drastically shifted since last year. While we all want a bargain on any purchase,
when there are multiple buyers competing for a home it is highly unlikely you
will be able to pay below market value. ·
Use a licensed Real Estate Professional. You will
be negotiating prices, submitting contracts, evaluating inspection reports, negotiating
repairs…and if you end up in one of those multiple offer situations that seem
to be more and more common these days you will need support and strategy from a
seasoned professional. ·
Do not use the listing realtor (the one whose name is on the
for sale sign in the yard). That realtor
works for the seller. You need your own
realtor representing your interests not the sellers. And remember, the sellers pay ALL the realtors' commissions so it doesn't cost you anything to be represented by your own realtor. ·
Identify your criteria for a home and don’t
waste your time looking at homes that don’t fit your criteria, it will only
frustrate and confuse you.
Keeping the above tips in mind will help reduce the
stress of one of the most important purchases you will make!
search for homes for sale in Anna visit this link.
a free valuation of your property visit this link.
Sandy Setliff is a Realtor® with JP and Associates Realtors®. She specializes
in residential real estate sales in McKinney, Allen, Frisco, Anna, Melissa and
Van Alstyne, Texas. She can be reached at 214 620 1615 or via email
at [email protected]
Author:Sandy Setliff Phone: 818-519-3670 Dated: July 1st 2014 Views: 3,754 About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in C...
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JP And Associates REALTORS (JPAR) is one of the top 100 independently owned brokerages in the US. A full service real estate brokerage firm specializing in real estate sales and marketing services with multiple offices across the US and expanding quickly. JPAR is also one of Real Trends top 500 Brokerages in the US for volume and sales and in the top 1% in the US for sales.
Our mission is to provide extraordinary services and exceed our clients’ expectations by always committing to the highest levels of professionalism, ethics and standards in the real estate industry.
JP and Associates REALTORS is a real estate company with a solid structure and foundation built around service and productivity. We believe in providing a fun and rewarding environment for all our REALTORS® and therefore always ready to support our REALTORs® Associates in any market and in any condition. All our REALTORs® will always strive to close more transactions in a given year than the average REALTOR®. Our goal is to recruit and retain the most professional, better trained REALTORs Associates in the local market.
If you are interested in a new career in real estate or already have a real estate license but wish to learn more about our company please contact us directly to set up an interview. We offer our agents a 100% commission plan, company leads, training and mentoring and coaching from TOP Producers with no office, desk fees or monthly marketing fees ever. We are a full service brokerage at a transaction fee cost.
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If you’ve ever wondered how and why things happen in the City of
"Selling my home was practically stress-free with Pam steering the process. She met with me the next day after our first phone conversation and came prepared with a booklet put together especially for me of homes she had sold in my neighborhood, the market in my area, and how my home compared with others nearby. She was exactly right in her estimation of the real estate market in my neighborhood and the realistic amount I could list for. She understood and answered all my questions knowledgeably and patiently. Being a first-time home-seller, I had many questions throughout the process, and Pam always called or texted me back immediately to answer. From the day I signed the contract to sell with Pam Smith to the day we closed on my home sale was one month! I'm very happy with the financial outcome. You can't go wrong with this amazing, talented, go-getter real estate agent."