As a homebuyer, you can avoid being a part of the foreclosure rate. Your real estate agent should take the time to educate you on the different types of loan programs that are available. Your agent can make sure the loan is through a reputable lender or bank.
Homebuyers should follow these tips:
- The real estate agent with whom you choose to work is an important part of your buying process.
- Make sure that this person or company is not merely part of a big franchise but really knows about the different kinds of loan packages available and has an established relationship with different banks. For example, you may qualify for a special loan program designed for first responders, educators, doctors and first time home buyers. Then the real estate agent can educate you with the different choices you have. That way you can decide what is best for you and your situation.
- Listen to your real estate agent and let the agent do his or her job!
- A bank has its own money to lend to you, whereas a mortgage broker lending money comes from investors. The mortgage broker may charge an additional fee for finding the money for you that the bank will not charge.
Foreclosure makes a household homeless. Let an educated, qualified real estate agent assist you not only with getting your home but also keeping it, so that you can start a legacy of yes, I can.
Mary One Johnson Home Team Realty, LLC real estate agents are educated and trained so that we can educate our buyers and sellers and assist them with making better home buying and selling choices:
From the Desk of Mary "One"
For More Information About Buying, Selling,
Building, Or Leasing Residential Or Commercial
Call Mary “One” @ (314) 696-4912
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