about mortgages, calculators, refinancing & related issues
(this link is packed with great info!):
Simple Mortgage Calculator
Real Estate Forms You Can Expect To Encounter
in The Buying/Selling Process:
(These forms are in PDF format & will open in their own window
which you can close to return back here)
Offer to Purchase
Be sure you understand
"Agency". North Carolina law requires that all Agents disclose to their
clients and customers exactly whom they represent: the Buyer, the Seller or both.
Please have a serious conversation with your Agent regarding "Agency".
Discuss the pros and cons of "Buyer Brokerage", etc..
For NC Agency information (who's working with/for who)
10 Things to Take the Trauma Out of
1. Find a real estate agent that’s simpatico.
Home buying is not only a big financial commitment,
but also an emotional one. It’s critical that the agent you chose is both
skilled and a good fit with your personality.
2. Remember, there’s no “right” time to buy, any more than there’s a right time
to sell. If you find a home now, don’t try to second-guess the interest rates or
the housing market by waiting. Changes don’t usually occur fast enough to make
that much difference in price, and a good home won’t stay on the market long.
3. Don’t ask for too many opinions. It’s natural to want reassurance for such a
big decision, but too many ideas will make it much harder to make a decision.
4. Accept that no house is ever perfect. Focus in on the things that are most
important to you and let the minor ones go.
5. Don’t try to be a killer negotiator. Negotiation is definitely a part of the
real estate process, but trying to “win” by getting an extra-low price may lose
you the home you love.
6. Remember your home doesn’t exist in a vacuum. Don’t get so caught up in the
physical aspects of the house itself—room size, kitchen—that you forget such
issues as amenities, noise level, etc., that have a big impact on what it’s like
to live in your new home.
7. Don’t wait until you’ve found a home and made an offer to get approved for a
mortgage, investigate insurance availability, and consider a schedule for
moving. Presenting an offer contingent on a lot of unresolved issues will make
your bid much less attractive to sellers.
8. Factor in maintenance and repair costs in your post-home buying budget. Even
if you buy a new home, there will be some costs. Don’t leave yourself short and
let your home deteriorate.
9. Accept that a little buyer’s remorse is inevitable and will probably pass.
Buying a home, especially for the first time, is a big commitment, but it also
yields big benefits.
10. Choose a home first because you love it; then think about
future appreciation. The current housing market
situation has created a strong buyers market and with interest rates low for
qualified buyers this is a great time to buy!!
The experience of buying a home
does not have to be overly traumatic if the buyer and the
Sales Associate work together as a cooperative team.
If you are considering purchasing at this time or in the near future
we would appreciate
you getting in touch to see how WE MATCH UP!
Take care and best wishes for
a satisfying home buying experience.