Buying a home isn’t a simple process compared to the other expensive things that are normally purchased. Normally, a broker is needed for this transaction to ensure that things will go right.
Buyers have so much more information at their fingertips: comparable sales, school district reports, walkability, and more. But don’t underestimate the kind of advice you’d get from a broker. A buyer’s agent will have on-the-ground knowledge of market trends and be able to identify unseen circumstances that affect a property’s price, anything from a cracked foundation or a dead boiler to whether there’s been a recent school redistricting or a zoning change in the area. She might also have access to “pocket” listings that don’t make it online because the privacy-minded sellers don’t want their home flooded with prospective buyers.
But apart from that, you need to arm yourself with some financing tips to ensure that you are going for the right deal.
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