A Few Words About Us
Enjoy the exciting event of buying a house and be a homeowner
Buying a home is one of the most exciting events in your life and is likely to be the most expensive purchase that you will ever make. Before you make a commitment, make sure that you are ready. It is critical that you consider whether you have saved enough money to support a down payment in addition to your other debts. You must have job stability and a steady income. In addition to the monthly payment for principal and interest, you will have to pay for taxes and insurance and possibly homeowner association dues. If your down payment is less than 20%, your lender may require that you pay the added expense for mortgage insurance.
We help you to be more realistic about the costs of owning a home like heating and cooling and other utilities. You will generally need to budget for repairs and routine maintenance of your home, especially if you buy an older home. Our housing counselors can be very helpful, especially for first time home buyers. The U.S. Department of Housing and Urban Development (HUD) supports our housing counseling agencies throughout the country that can provide free or low cost advice. You will have to also consider the garage of the house or as an alternative you can use services of this company who does garage remodeling in northern virginia.
The role of the real estate agent or broker in buying house property
It is obvious that the first person you consult about buying a home is a real estate agent or broker. Although these agents and brokers provide helpful advice, they may legally be representing the interests of the seller and not yours. You can ask your family and friends for recommendations. It is your responsibility to search for an agent who will represent your interests in the real estate transaction. If you want someone to represent only your interests, consider hiring an exclusive buyer’s agent who will be working for you.
- It is important to know that even if the real estate agent represents the seller, state laws usually require that you are treated fairly.
- If you have any questions concerning the behavior of your agent or broker, you should contact your State’s Real Estate Commission or licensing department. Our real estate broker will offer to help you obtain a mortgage loan
- You are not required to follow the real estate broker’s recommendation, and you should compare the costs and services offered by other providers before making a decision for buying house property.