THERE ARE THREE IMPORTANT STEPS INVOLVED IN THE HOME BUYING PROCESS:

FIRST – CHOOSING AN AGENT: If you are considering buying a home, then you should also seriously consider having your own Buyer’s Agent to protect and represent you throughout the entire process. A knowledgeable and experienced agent can make everything so much easier for you. So, choose carefully because your agent will advise and assist you throughout the entire home-buying process. At West Real Estate Agency, our Broker, Rick West, is a highly qualified professional Buyer’s Agent with over 20 years of full-time real estate experience and he works directly with all of his clients.

At West Real Estate Agency, we are strictly BUYER’S AGENTS, and, we are dedicated exclusively to assisting the Home Buyer. We will work only for you and will help you accomplish your objectives!

HOW DOES WORKING WITH A BUYER’S AGENT HELP YOU?

A Buyer’s Agent Must:

• Be completely loyal to you.
• Disclose any information that may affect your decision.
• Maintain confidentiality about you and your interests.
• Obey your lawful instructions.
• Provide reasonable care and answer all of your questions.
• Be fully accountable for all entrusted funds and property.
• Show you any properties you may want to consider.
• Estimate the fair market value of the selected property.
• Assist and counsel you in formulating an offering price.
• Help you develop a negotiating strategy.
• Prepare and present your offer to the Seller.
• Offer advice and information throughout the negotiations.
• Recommend lenders, title companies, and other services that may be needed.
• Work throughout the process to get the lowest possible price and best terms for you.

All of our services at West Real Estate Agency are totally FREE to any home buyer!!

HOW DOES WORKING WITH A SELLER’S AGENT HELP YOU?

Put very simply; IT DOESN’T HELP YOU IN ANY WAY!! When considering the issue of who you should choose to represent you, always remember that the Seller’s Agent cannot represent you. He or she works solely for the Seller – never for you!! The Seller’s Agent is only required (by law) to treat you fairly during the transaction, and this just means that they are not supposed to lie to you about anything. A Seller’s Agent should not be providing you with any of the Buyer’s Agent services listed above while they are working for the Seller.

SECOND – FINDING A LENDER: Unless you plan to pay cash for your home, you will also need to work with a mortgage lender to obtain a loan to buy your home. Your Buyer’s Agent should be able to recommend some qualified lenders that can assist you. When you have selected a lender, you will need to get pre-qualified so you can find out how much of a loan you can get to buy your home. Most lenders can quickly determine how much money they are willing to lend you. All you will have to do is provide them with some basic financial information about yourself. Since each lender sets their own terms and conditions, i.e. interest rates, discount points, closing conditions, etc. you may want to talk to several different lenders (shop around) and decide which one will give you the best interest rate and support. A lender is not part of the contract between the Buyer and Seller and is not bound by any time frames in the contract.

THIRD – CLOSING THE TRANSACTION: The title company is the third big contributor to the home buying process. The title company can be selected by either the buyer or the seller and is named in the contract. This company is responsible for coordinating and conducting the closing of the transaction. This company’s representative will receive and disburse funds related to the contract, collect all documentation involved in the transaction, present the final documents to the buyer and seller for signatures, and then, make sure that the documents are properly filed and recorded with the appropriate authorities. Most title companies are flexible and work to accommodate their client’s special needs.