Buying or Selling a Home - Don't Lose Hair - Hire A Realtor

Use a professional! When you go to court, you hire an attorney. Dental work, you visit a dentist. Car trouble, you see a mechanic. Buying or selling property, hire a Realtor.

Buying a home, for most, is the largest investment you will ever make. From your Property Search to close, many things can happen. You want to be sure you are not wasting time or money. Many professionals are involved from mortgage to inspection to title. Too many horror stories happen when buyers decide to go the process alone. Worst of all, buyers typically lose money.

Selling a home can be just as challenging. Pricing, competition, finding financially secure buyers, managing showings, security, and pets are only a few challenges. Yes, you can go it alone and sell your home without an agent. Several months and mortgage payments later, most sellers hire a Realtor due to frustration and bad experieces. Nightmares stories of time and money loss typically outweight the success stories.

NAR statistics show that Realtor represented sellers negotiate better deals and make more money in the transaction than those who go it alone. For more information on why use a Realtor check out KerriRichProperties.Net and read "Why use a Realtor".

Finding The Right Lender

When it comes to applying for a home loan, home buyers are verifiably concerned about price, terms, and monthly payment. These concerns are obviously of the utmost importance. Overlooked too often by the buyer is the Who; Who will be working on their behalf to get their loan closed.

Buyers should take into consideration the loan officer, lender and company location, as well as availability and communication. Real estate contracts have critical deadlines for loan approval and closing. For example, you, as a buyer, are scheduled to close on Friday. Underwriting, located in New York, requests a new document at 3 pm on Wednesday and they require 48 hours once document is received. You'd better reschedule your movers for Monday and hope the sellers will extend closing without monetary consequences.

Buyers, do yourself a favor. You're making a financial commitment which can be extemely stressful. Just as the loan officer is qualifying you, you should should be interviewing them as well. You will be saving yourself a lot of grief, and possibly money, when surprises occur - and they will!


What to consider when choosing a loan officer:

1. Is the loan officer and brokerage company local to the area?



2. How will they be in contact with you and your real estate agent?



3. How long will it take to reply back to you and your real estate agent?



4. How much experience do they have with the type of loan you are seeking?

For more information on the home buying process go to KerriRichProperties.Net and download a FREE copy of the home buyers guide, compliments of Kerri Tullous and Rich Martinez.