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seller fiancing a home - is it your best option?

Are you thinking about selling your home? Has someone approached you about seller financing the home? Is this an option that you need to know more about? Working with a real estate agent can help you avoid costly mistakes when selling your home. He or she can help you learn about seller financing and determine if it would be a good option for you to consider. My real estate agent helped me sell my home to a wonderful family that didn't have credit that was established enough to take out a traditional mortgage. Visit my site to find out what we looked for to determine if this was a wise decision for us to make.


seller fiancing a home - is it your best option?

Finding Your New Home: Why Realtors Are Still Essential

by Dan Vasquez

With the internet, it's now possible to find your next home with some research. While some people may feel that this negates the need for a realtor, the reality is that a realtor is going to provide you with many more services than simply finding you a home for sale. Your realtor works for you. That means you will have a person on your side who will negotiate the purchase of your new home, look for any potential problems, and who is legally obligated to work in your best interest to get the deal complete. While an internet search may locate a home, a realtor is going to make sure that the home is perfect for you and your family.

Negotiating the Purchase of Your New Home

You'll need to be ready to make an offer on a new home by getting pre-approved for a mortgage or having the cash ready to go. Your realtor will put in your offer for you, and bring any counter offers to you if the seller doesn't accept your initial offer. A realtor familiar with the area will know if you are getting a good deal, and will be able to advise you as to whether it's worth it to get into a bidding war or to move on if there's another bidder trying to purchase the same home.

Familiarity with the Area

A local realtor is generally very familiar with the area in which they work. This means you'll be able to ask all kinds of questions about the neighborhood, previous real estate transactions in the area, local schools and more. If you are concerned about which neighborhood to live in, a realtor is should be able to provide you with plenty of information to ease your mind.

Understanding the House Inspection

Once your potential home goes through an initial inspection, you may discover that there are a number of problems with the property. Your realtor will have a strong understanding of what issues will need to be fixed by the seller before the house can be sold and which ones may be left up to the buyer. When you love a home but there are expensive issues to fix, this can make the difference between buying a home and having to find a different one to purchase.

When you are looking for a new home, take the time to find a realtor like those at Re/Max River & Sea who will work hard for you during your search.