HOMEBUYERS TIPS : What's Happening in Falmouth on Cape Cod?

What's Happening in Falmouth on Cape Cod?

Oct. 12, 2007 - QUESTIONS TO ASK HOMEBUYERS

Important Questions to Ask Home Buyers.
According to the webstats on my website, these questions are a top 10 most visited page. Realtors know them, but it will help homebuyers to be prepared to answer them to better help their buyers agent.
* Are you a cash buyer, are you going to get a mortgage or pay for it by some other method?
* Do you have to sell another home before buying? If so, many home sellers will either reject an offer based on this or only allow a short period of time to place it under agreement.
* Are you pre-approved by a bank? It's very important to do as before you begin your new home search to know what you can afford and because many home sellers will only work with pre-approved home buyers.
If not, I'll be happy to suggest several local lenders for you to contact? Local lenders are preferable to off-cape banks for several reasons. There is lots of competition here and they work hard to get the business and earn your recommendations for future potential customers. They know the area well,
it's values, and the best people to choose for various things like appraisers, attorneys, etc.
* What is your time frame for buying a home? Is it under 3 months, less than a year, or no hurry?
* What price range do you want to work within?
* Describe what you are looking for in a home? A brief description followed by some specifics
such as style, size, age, no. of bedrooms and baths, location or area, neighborhood.
* Have you been looking for a while or are you just starting to look?
* Are you familiar with the Falmouth area?
* Would you like a map? If so, please let me know and I'll mail one.
* Are you working with any other realtors?
- DAVID

Comments (0) :: Post A Comment! :: Permanent Link

Oct. 10, 2007 - THE RIGHTS OF HOMEBUYERS

The Rights and Responsibilities of Homebuyers.
Did you know that homebuyers have rights? Of course they do, but how often have you ever seen them written down so you could read them. Well if they have rights, they must also have responsibilities. Knowledge of both is very important for the homebuyer to know as it can avoid serious problems down the road if this knowledge is lacking. This info comes from the website of the Massachusetts Association of Realtors and would be good to get familiar with before purchasing a home: www.capecodspecials.com/buyers-rights.html. - DAVID

Comments (0) :: Post A Comment! :: Permanent Link

Sep. 8, 2007 - ARE YOU CONFUSED BY 'BUYER AGENCY?'

Dual-Agent - are you a spy?
All you want to do is to look at houses and all realtors want to do is to read you your rights. Explaining buyer agency is one thing, but 'Dual-Agency!!' - give me a break. I know, it's a pain and it's confusing and you're not interested in hearing about it at the time, but it's important - besides, we are required to explain our relationship to you in this situation be it as a representative of the seller, a buyers agent, a dual-agent or facilitator.

It makes more sense to understand the difference before you ever talk or meet with a realtor. This way you can both concentrate on your main concern - looking at houses. For a full explanation of the different relationships, please click on this link to my website: http://www.capecodspecials.com/buyers-agent.html. It is critical that you understand this and that you are properly represented with a good realtor working for you and not the seller. A big mistake that buyers make that do most of their homesearches on the internet, is to seek out the listing agent for a home because that agent knows more about the home. They do know more, but they are working for the seller, not you. The only modification to that role is for them to become a disclosed dual-agent and in that situation, they represent neither party.

Considering the importance of the situation, please seek our a good 'Buyers Agent' as they will be working for you and only you. David

Comments (0) :: Post A Comment! :: Permanent Link