Reasons to Use a Realtor When Buying a Home
1. A REALTOR has a list of available properties in various neighborhoods in different price ranges, and works closely with other realtors in sharing information about what properties are available.
2. A REALTOR is familiar with each house he or she offers for sale, and in most cases, has personally inspected the property.
3. Because a REALTOR knows your financial position, your basic needs and desires, he/she will only show you properties that "fit the bill." He or she will not waste your time on properties you can't afford or would not be interested in.
4. A REALTOR knows real estate values, and can recommend homes that will fit your budget, and will answer all questions concerning zoming, the neighborhood, schools, churches, shopping centers and transportation.
5. A REALTOR does not have personal ties or fond memories concerning the proerty. He or she will answer all questions objectively, pointing out and defects or advantages of a particular home.
6. A REALTOR is familiar with local lending institutions, knows how much down payment is required and what the approximate monthly payment and closing costs will be.
7. A REALTOR will work closely with you, showing you every available property that meets your specifications. He or she will never "high pressure" you into buying something you're not completely satisfied with.
8. Once you have selected the home you want, a REALTOR will help guide you through the maze of title evidence and other legal contracts and documents to help protect your interest and investment.
9. A REALTOR operates under a strict code of ethics enforced by the National Association of Realtors, assuring you the most competent, professional and ethical performance available.
Glossary of Terms
Life of an Escrow
Reasons to Use a Realtor When Selling a Home
What is Title Insurance and Why Do You Need It?
Eight Common Ways to Hold Title
Important Property Tax Dates and Information
"Tracking Your Score is About to Get Easier" (article from the "LA Times" 11/28/04)
"Given Up Hope in a Hot Market? There Are Deals." (article from the "LA Times" 1/9/05)
Tax Law Changes for Capital Gains and California Real Estate Witholdings
"Income Tax Time: Value Of Homeownership" (C.A.R. 4/8/05)