Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at Re/Max Centre Realtors.: April 2018

Ten Steps to buying a house this year. STEP 4. Sign up with a buyer agent.

Ten Steps to buying a house this year. STEP 4. Sign up with a buyer agent

Buying a home can be a wonderful experience if you understand the home buying process.

After you sit down with a lender and find out the amount of mortgage you can afford , and know what you are looking for in a home the most important step is to interview  a few agents  and choose one to be your buyer agent. You can search on the internet , ask your friends who purchased recently or stop in at some local real estate offices.

DO NOT GO TO NEW CONSTRUCTION till you have spoken to an agent and learned about agency relations. In Pa the builder's agent represents the builder. It is good to have your own agent to represent you. However if you go to the model home on your own the builder will not honor your agency relation later. The agent should accompany you the first time you go to the model homes.

 Step # 4 Choose an agent to be your buyer agent.

Read the buyer agent contract carefully. Ask how the agent will be paid. In most cases the agent is paid by the seller . The seller pays the fee to listing agent and the listing agent pays the selling agent based on contact with the seller. But some buyer agents charge a transaction fee in addition .Ask for length of contract , which is negotiable and ask what happens if you find a home from FSBO. Read the contract carefully.

 You should ask the agent when the agent can show you homes because if you can only see during the day and the agent has another job or if you want to see on weekends and the agent does not work on weekends it will cause problems. Also ask how the agent will inform you of new listings and if the agent has a web site where you can look up listings and be notified of new listings.

Once you choose the agent you should mention what you are looking for in  a house and the price range. The agent will tell you where you can find homes in your price range with the amenities that you are looking for.

There are other sites like realtor.com where you can look up listings.

Step # 3 Make your wish list . 

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

Comment balloon 18 commentsGita Bantwal • April 21 2018 11:01AM
Ten Steps to buying a house this year. STEP 4. Sign up with a buyer…
share
Ten Steps to buying a house this year. STEP 4. Sign up with a buyer agent Buying a home can be a wonderful experience if you understand the home buying process. After you sit down with a lender and find out the amount of mortgage you can afford… more
Ten Steps to buying a house this year. Step 3. Make your wish list
share
If you would like to buy a home in 2018 read these tips. Step # 1. Check your bank accounts Determine the amount of cash you have to buy a home. Step # 2. talk to a lender and get pre qualified. Step # 3. Sit down with all the people who will be… more
Solebury township Bucks county market report March 2018
share
Solebury township is located in Bucks county, Pa. I looked up the mls for residential listings of single family (does not include multi family homes ) homes sold in Solebury township in March 2018. This is what I found : There were 19 homes… more
Bensalem township Bucks county market report March 2018
share
Bensalem township is located in Bucks county, Pa. I looked up the mls for residential listings of single family (does not include multi family homes ) homes sold in Bensalem township in March 2018. This is what I found : There were 38 homes… more
Ten Steps to buying a house this year. STEP 2. Get Prequalified
share
Step #2 getting prequalified. Once you know the amount of money available to buy a home the next step is to sit down with a lender. You can ask your friends who may have purchased a home recently for recommendation. If you have already met a real… more
Upper Southampton township Bucks county Market report March 2018
share
Upper Southampton township is located in Bucks county, Pa. I looked up the mls for residential listings of single family (does not include multi family homes ) homes sold in Upper Southampton township in March 2018. This is what I found :… more
Lower Southampton township Bucks county market report March 2018
share
Lower Southampton township is located in Bucks county, Pa. I looked up the mls for residential listings of single family (does not include multi family homes ) homes sold in Lower Southampton township in March 2018. This is what I found : There were… more
Middletown township Bucks county market report March 2018
share
Middletown township is located in Bucks county, Pa. I looked up the mls for residential listings of single family (does not include multi family homes ) homes sold in Middletown township in March 2018. This is what I found : There were 29 … more
Ten Steps to Buying a home this year. Step one. Cash saved to buy a…
share
Ten Steps to buying a home in 2018. STEP 1. How much cash do you have for down payment and closing costs. Check you savings accounts and determine how much money you have saved that you can use for your home purchase. Do not use all your savings… more
Lower Makefield township Bucks county Market report March 2018
share
Lower Makefield township is located in Bucks county, Pa. I looked up the mls for residential listings of single family (does not include multi family homes ) homes sold in Lower Makefield township in March 2018. This is what I found : There… more