29 Jan Hire The Right Home Purchase Team
Who is on Your Homebuying Team?
You are ready to purchase a new home. But have you thought about the experts that you will need to help guide you through this sometimes daunting process of buying a home? Regardless of whether it is your first home or tenth, having a strong team behind you can vastly improve your homebuying experience by making the process simpler, quicker and more stress-free. Below are the individuals you need on your team for a successful homebuying experience:
Mortgage Planner: Lenders are vital in the homebuying process. They should talk through you homebuying goals with you, your financial situation, and put together a plan for you. In addition, your mortgage planner can recommend other members for your team if you do not already have someone identified.
Buyer’s Agent: A professional real estate agent will listen to your needs and wants carefully in order to help you find a place that is work for your budget, style and preferences. They will also draft an offer and negotiate it on your behalf.
Home Inspector: Before you sign any paperwork, it is imperative for you to have a licensed home inspector complete a full walkthrough and inspection of the home and surrounding property as the structure may have unseen issues that could create a problem down the road. If any issues are found to exist, you will want to re-negotiate the price of the home before purchase or more forward on another home.
Insurance Agent: Homeowners insurance must be obtained before you can have a home loan. You will discuss with your insurance agent to find the best type of coverage and how much you will need.
Real Estate Attorney: The job of the attorney and their staff is to make sure all the details and legalities of buying a home are complete and on the up-and-up. They ensure the massive amount paperwork regarding home titles, loan documentation and contracts are organized properly and can answer any questions you may have about the fine print and legal jargon that come along with buying a home. Many times, someone else on your homebuyer team will recommend this team member.
Make sure when you are interviewing and selecting your team that you are surrounding yourself with those that are the right fit – they are knowledgeable, passionate, educated and experienced. Not taking the time to create a solid team will cause you more stress and cost you time and money.
We are here to support you throughout the homebuying journey and can share recommendations for other team members if you need. Reach out to one of our local mortgage planners at Fairway Independent Mortgage of the Carolinas to start to process of assembling your homebuying team and discussing your financial goals. We are truly interested in providing a mortgage experience that will set the stage for your financial future. Our goal each day is simple – help people do better in life. Let us change the way that you think about mortgages.