Why Use a REALTOR® When Buying a Home?
Why Use a REALTOR® When Buying a Home?
A real estate agent can help you understand everything you need to know
about the home buying process.
Not all real estate licensees are the same; only those who are members of
the NATIONAL ASSOCIATION OF REALTORS® are properly called
REALTORS®. They proudly display the REALTOR " ®" trademark on
their business cards and other marketing and sales literature.
REALTORS® are committed to treat all parties to a transaction honestly.
REALTORS® subscribe to a strict Code of Ethics and are expected to
maintain a higher level of knowledge of the process of buying and selling
real estate. An independent survey reported that 84% of home buyers
would use the same REALTOR® again.
Real estate transactions involve one of the biggest financial investments
of most people’s lifetime. Transactions today usually exceed $250,000. If
you had a $250,000 income tax problem, would you attempt to deal with
it without the help of a certified professional accountant? If you had a
$250,000 legal question, would you deal with it without the help of an
attorney? Considering the small upside cost and the large downside risk, it
would be wise to work with a professional REALTOR® when you are
buying a home.
If you're still not convinced of the value of a REALTOR®, here are more
reasons to use one:
1. Your REALTOR® can help you determine your buying power -
that is, your financial reserves plus your borrowing capacity. If you
give a REALTOR® some basic information about your available
savings, income and current debt, he or she can refer you to lenders
best qualified to help you. Most lenders - banks and mortgage
companies - offer limited choices.
2. Your REALTOR® has many resources to assist you in your home search.
Sometimes the property you are seeking is available
but not actively advertised in the market, and it will take some
investigation by your agent to find all available properties.
3. Your REALTOR® can assist you in the selection process by providing objective information about each property.
Agents
who are REALTORS® have access to a variety of informational
resources. REALTORS® can provide local community information
on utilities, zoning, schools, etc. There are two things you'll want to
know: First, will the property provide the environment I want for a
home or investment? Second, will the property have resale value
when I am ready to sell?
4. Your REALTOR® can help you with negotiations and
inspections.
There are many negotiating factors, including but not
limited to price, financing, terms, date of possession and often the
inclusion or exclusion of repairs and furnishings or appliances. The
purchase agreement should allow time for you to complete
appropriate inspections and investigations of the property before
you are bound to complete the purchase. Your agent can advise you
as to which investigations and inspections are recommended or
required.
5. Your REALTOR® provides due diligence during the property
evaluation.
Depending on the area and property, this could include
inspections for termites, dry rot, asbestos, faulty structure, roof
condition, septic tank and well tests, just to name a few. Your
REALTOR® can assist you in finding qualified responsible
professionals to do most of these investigations and provide you
with written reports.
You will also want to see a preliminary report on the property title.
Title indicates ownership of property and can be mired in confusing
status of past owners or rights of access. The title to most properties
will have some limitations; for example, easements (access rights)
for utilities. Your REALTOR®, title search company or attorney
can help you resolve issues that might cause problems at a later
date.
6. Your REALTOR® can help you understand different financing
options and identify qualified lenders.
7. Your REALTOR® can guide you through the closing process
and make sure everything flows together smoothly.
Buyer's Toolkit - Denver Real Estate and Denver Homes
Welcome to our Denver Division Buyer's Toolkit. We specialize in Denver Real Estate and Denver Homes.
Our tools allow you to review any real estate for sale in Colorado that is listed in the MLS/IDX. Please review or download our Buyer's Toolkit. We have over
70 Free Reports available for review or to download. Seller's Toolkit - Denver Real Estate and Denver Homes
Welcome to our Denver Division Seller's Toolkit. We specialize in Denver Real Estate and Denver Homes.
Our tools allow you to review any real estate for sale in Colorado that is listed in the MLS/IDX. Please review or download our Seller's Toolkit. We have over
70 Free Reports available for review or to download.
Neighborhood Information for Denver Real Estate and Denver Homes
Denver's vibrant metropolitan area full of cultural wonder and entertainment, as well as great
outdoor activities and recreation. Denver also has 300 plus days of sunshine we get each year, it's
no surprise at all, Denver Real Estate is something that everybody wants to own.
Well-Known across the world as the "Mile High City," Denver has been consistently rated as one of the
top places to live and work in the country. Originally built around the convergence of the Platte River
and the Cherry Creek River, Denver's outstanding lifestyle and great climate mixed with a wide array of
growing employment opportunities, have begun to characterize our city in the sky. Nothing beats our
spectacular Rocky Mountain views combined with the typical 150-mile visibility days. Home Owners in the
Denver Real Estate market feel fortunate to live in the beautiful "Mile High City".
Boasting more public parks than any other city its size in the nation, easy travel times to many great
attractions and an endless list of activities available, Denver has been attracting outdoor enthusiasts as
well as large corporations for decades. Six popular professional sports teams make the "Mile High City" home as
well as an award-winning Performing Arts Center complete with a theater and a symphony orchestra. Outdoor
recreational opportunities include world-renown skiing, mountain biking, hiking, fly-fishing, kayaking and
white water rafting, to name just a few. Denver also offers a diverse live music scene with multiple
entertainment venues from the Historic Red Rocks Amphitheater to the classic Fillmore Auditorium on Colfax Street.
The diversity of real estate options and locations in Metro Denver makes finding the right place to call home
easy as well. From the center of the city throughout each of the suburbs, Denver housing features include single
family and luxury homes to upscale lofts and condominiums.
Please allow me to assist you in your future real estate matters. I have up-to-date information available
on all of the Metro Denver Real Estate areas including Highlands Ranch, Cherry Creek, Lone Tree, Ridge Gate,
Centennial, Castle Rock, Castle Pines as well as the classic, more established areas of Denver including Cherry
Hills Village, Greenwood Village, Englewood, Littleton, Ken Caryl, Aurora, Parker ...and all other areas. Be sure
to check out the Interactive Subdivision Map too.
Corporate Office, Denver Colorado - 303 S. Broadway, Suite 200-278, Denver, CO 80209 sales@denverhomeliving.com (303) 816-9199 - Fax:(303) 845-9938, USA
Homes and Lifestyles Realty Office - P.O. Box 5136 Woodland Park, CO 80866 sales@pikespeakhomeliving.com (719) 216-2006 - Fax:(719) 213-2668, USA
Selling Report
