Archive for category: Helpful Resources

What The Beatles Should Know About St. George Short Sales

Well, what the Beatles should know about St. George short sales depends on which Beatles we’re talking about. Paul and Ringo are still alive, but they are rarely, if ever, seen in the Saint George, Utah area. And if Paul and Ringo should know about a St. George short sale, they’re either looking for a bargain or they simply love the beauty and climate of Washington County for the next of their many houses.

Whether those Beatles are interested in the real estate of Southern Utah is for me to know and for you to find out. (You wouldn’t want me to fall out of their graces for revealing secrets, would you?) Perhaps there are other Beatles who may wish to buy a house in St. George. Beatle-loving entomologists, who changed their name to Beatle or folks born with the surname Beatle are options to pursue a St. George short sale; and while ESPN broadcaster, Michelle Beadles, may love St. George, her name is spelled with a D.

Regardless of which Beatles or blokes are considering a St. George short sale, they should know the following six things.

When the owner of a property owes more than it’s worth, he or she may be in the less-than-ideal financial position to sell the property as a short sale. This means that he must get the lender’s permission to sell the house or land for less than what is owed. If the seller convinces the lender that he is in financial hardship and can’t continue to make the mortgage payments, the lender will often agree to a sale of the property for less than the balance of the mortgage. This is preferable to default and foreclosure for the lender, because, for example, $200,000 is better toward a debt of $235,000 than nothing, and foreclosures cost the lenders much more.

Selling your house as a short sale is softer on your credit score than a foreclosure is. You can sell the house, get some emotional relief, and move on to preparing to buy another home, with little hit on the Fico. Keep in mind that the longer the lender takes to approve the short sale and the offer from a buyer, the more months you’ll be late on your mortgage payments, which do affect the FICO score.

The seller doesn’t have to pay sales commission to the real estate agents; the lender pays them.

Because the lender has to approve both the seller’s application for a St. George short sale and also the offers by potential buyers, the sale can take months, usually about 120 days.

The number of prospective buyers of short sales is smaller than for typical real estate because of the waiting time. Some buyers simply don’t have months to wait in purchasing a house, so you have less competition when making offers on St. George short sales.

When making an offer on a short sale, be aware that because of the likely financial duress of the seller, he may not have been able to maintain the property very well, so it will likely need repairs and fix-ups.

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What The Beatles Should Know About St. George Short Sales

Article By: Clear Content Marketing

How to Search Property Records & Why It’s Important

Exploring St George property records often becomes a necessary exercise when you’re in the market for a new property as well as in other scenarios that call for it. Public records can provide a lot of information on the history and status of any property of interest. So what exactly will St George property records reveal when a search is conducted? A lot. These searches can reveal things such as:

-How long they have been the owner

-Improvements that have been made over the years (with our without a permit)

-Foreclosure status

-Whether or not bankruptcy has ever been filed by the seller

-Any current or past litigation that has taken place or is pending

-Mortgage history

-Tax history

-Roof type, number of rooms, square footage, and other specs

-Value estimates

You can see how important it would be to know all of these things about a property you were interested in. There are countless examples of property record searches being invaluable when preparing for a real estate transaction. So how does one go about searching St George property records?

No matter the city that you live in, there will be a place where anyone can go and search for property information, typically in a place like the county department, city hall, county recorders office, public library, or county courthouse. The people employed there should be informed and prepared to assist in a search.

However, many aspects of searching St George property records can now be done online. Today, many counties have digitized these records making it easier than ever to find the information you’re looking for. For example, perhaps you’ve found the name of the owner of a property but not their address. To locate the person, reports can be ordered online (for a fee) that will help you find them. You can search property tax records online and get information such as the owner’s name, tax ID number, and how much tax they owe.

Another way to get St George property records is by contacting a local title company like Eagle Gate Title. We can produce property profiles for you that often include copies of mortgages and deeds. Title companies can also help you find out if an owner has any liens or judgements filed against them.

Real estate agents can sometimes provide assistance in obtaining St George property records as they typically subscribe to services that allow them access to exclusive property information.

There are more ways to obtain St George property records than what is described here, but the main message we want to get across is how important it is to have a title search done and to make sure that you’ve acquired all pertinent information about a property of interest before going forward with a purchase.


How to Search Property Records & Why It’s Important

St. George Property Records

Article By: Clear Content Marketing

 

5 Things a Title Search Can Tell You About a Property

Obtaining a Certificate of Title by conducting a St George title search is recommended and/or required in numerous situations, such as when refinancing a mortgage, when proving ownership, when selling or buying property, and more. A Certificate of Title (CT) is a record of land ownership. It includes legal and public information concerning restrictions and interests on the land, like lease and mortgage details, names of property owners, and much more property information. For the most part, CTs are acquired electronically today in conjunction with a St George title search.

Of all the things that a St George title search can show you about a property, here 5 of the most important.

Owners

All land owners are listed on a property title by name. Some properties have multiple owners in which case the St George title search would reveal either joint tenants or tenants in common. In the case of joint tenants, if one passes away, the other retains full ownership. In the case of tenants in common, a portion of the land is owned by a person who has the option to leave their share of the property to someone in a will or simply sell it.

Easements

An easement is when a property owner gives specific property rights to someone who doesn’t have ownership, such as for right of way or services. If you need city workers to have the ability to service a piece of city property -such as an electrical pole – that resides on your property, an easement would be arranged. This is an example of a service easement. If a neighbor or service worker needed to cross your property to access something on the other side – such as a road or electricity infrastructure – this is when a right of way easement would come into play. A St George title search can reveal preexisting easements that a property may have, which in some cases could prevent or hinder certain uses of the land if not discovered and addressed.

Covenants

St George title searches also disclose covenants which are land restrictions and guidelines that can put limits on certain aspects of property use, such as materials that must or cannot be used in construction, or what can or cannot be built on it. Property developers create covenants to retain the feel, look, and quality of a neighborhood or building. Types of covenants include those that limit the number or type of structures that can be built on a property, as well as specifying paint colors that must or cannot be used on a home, or limits on driveway size, things like that. Obviously, a person would want to know if such limitations existed on a property they were considering purchasing.

Caveats

In some scenarios, another person who claims that all or part of the property rightfully belongs to them may have expressed official interest in the property, which shows up in a St George title search as a warning in the form of a legal notice that the person would have lodged with the state land registry. This is called a caveat. In a situation where a St George title search brings up a caveat, the existing owner is prevented from selling. Caveats can be lodged by builders who are owed money, relatives or heirs of existing or previous owners. Caveats will not clear the title, as expected.

Mortgages

The Certificate of Title is held by the bank, not the property owner, if the property has a mortgage on it. In this case, the St George title search will show the lender listed on the title. This can delay the purchasing process as the mortgage must be discharged by the seller before going forward.


5 Things a Title Search Can Tell You About A Property

St. George Ut Title Company

Article By: Clear Content Marketing

 

7 Important Things to Know About Property Titles

Property titles are essential to any real estate transaction for a number of reasons. Here are 7 things about St George property titles that you should know.

Ownership is Proven Through Titles

St George property titles act as records of ownership. Informal contracts or deeds that haven’t been filed won’t be recognized without a title.

Titles Must be Kept Secure and Safe

Those who own property should not be careless with their title documents. Yes, you can get another copy of your title by paying a fee to the county clerk’s office. But St George property titles should be cared for and protected the same way you would your social security card. Keep them in place where they are safeguarded but where they can be easily accessed.

Every Owner Should Have a Copy

Each person listed on the title as having ownership in the property should have their own valid and legal copy of the title. A Xeroxed copy is not valid. All copies of St George property titles distributed amongst owners should be actual copies, whether the situation involves tenancy in common, community property, trust-based ownership, or company-based ownership.

Others May Conduct Title Searches on Property You Own

There are many reasons why a person would conduct a search on St George property titles, including and potentially even yours. Visit this link for detailed information on title searches.

Title Insurance is Necessary For All Property Owners

Lender’s insurance and owner’s insurance are both mandatory. It is recommended in almost every circumstance that both types be purchased by new property owners. Title insurance is invaluable in a wide variety of potential situations. Visit this link for further information on title insurance for St George property titles.

Property Title Governance Varies

In many countries other than the U.S. (such as Australia), they use a system of title governance called a Torrens title system that bestows indisputable and absolute ownership of the property to those listed on the property title. In America though, each state handles their own property and estate governance as they see fit. Most states determine property ownership and rights by using title governance based on common law, though there are some states that incorporate elements of the Torrens title system.

Additional Thoughts

In order to gather facts about St George property titles, recorded covenants, and land ownership, you can visit the local courthouse in person, utilize an internet database, contact a real estate agent, or contact an attorney. Using some or all of these avenues should get you the information you’re looking for. St George property titles are incredibly important in any real estate transaction. Find out as much as you can about a property’s title before purchasing. Failure to take proper diligence toward the title can result in a very risky real estate transaction.

Conclusion

As always, for further information about property titles, contact Eagle Gate Title.

7 Important Things To Know About About Property Titles

St. George Title Insurance

Article By: Clear Content Marketing

 

6 Home Buying Tips For The Current Market

Have realistic expectations about finding hidden gems

In most areas, all of the properties that are currently for sale have been canvased and crawled before you found out about them, particularly in the rising St George home market. Make sure that your expectations are realistic. If you keep looking and looking for that one amazing bargain while overlooking ideal options in the process, chances are you will find yourself exhausted, discouraged, and frustrated. Focusing on hidden gems is usually a time waster.

Be The First to Make an Offer

The St George home market is booming and you want to do your best to always be ready to pounce with an offer on a new listing that you find appealing. Affordable houses are often hard to come by because they get taken so quickly. If you want to get a head of the competition and give yourself an advantage, visit property listing sites online and sign up for alerts. You customize your own criteria so you’ll know the moment and ideal home becomes available. Another thing you can do is get yourself a realtor who is proactive, knows the St George home market, and will help you make first offers. Try and find one who is part of a good firm because they often get preferential treatment from fellow realtors who also work in similar renown firms.

Don’t Count Out Multi-Family Homes

There is a very good reason why exploring multi-family homes is a really good option, even if it’s not what you were originally looking for, particularly for first-time home owners. When you own a multi- family home, it is often as affordable as renting. Purchasing a home with multiple units allows you to live in one and rent out the others, driving down your personal mortgage cost as you’ll have money being provided by tenants.

Pay Attention During The Off-Peak Seasons

Buyer’s markets begin to emerge during the winter months as the market slows down. This means that, generally, sellers in the St George home market tend to be more open to negotiation during this time. Being active as a buyer during off-peak seasons also helps you to bypass the hectic spring St George home market which is usually accompanied by stress as well as aggressive bidding wars.

Look Off The Beaten Path

Be sure to consider homes for sale in nearby cities and not only major metropolitan areas. Searching in non-brand name towns (as they are sometimes called) almost always have lower housing costs. This is due to the fact that these areas have a much lower public profile and don’t get as much real estate attention as the bigger areas in the St George home market. If you’re looking for a the best deal you can find, you’re more likely to find it in these areas.

Being Aggressive is a Must

Being aggressive means that you are alert at all times, that your dedication to finding the right property for you in the St George home market is resulting in first offers. Setting up alerts and notifications as mentioned above is part of being aggressive, as is talking with people often, discovering and digging for information. Ask everyone you know if they are aware of properties for sale. Facebook and other social media sites have real estate-related groups you can join. Do everything you can and don’t give up. Even if you feel like you don’t have a large enough income to become a homeowner, it can still happen with proper patience and time. Check your credit and get pre-approved for a loan and start searching.

And, as usual, contact a representative from Eagle Gate Title for answers to questions about the St George home market and we’ll help you in any way that we can.

6 Home Buying Tips For The Current Market

St. George Home Market

Article By: Clear Content Marketing

 

10 Best Kept Secrets for Buying a Home – Part 1

Every St George home buyer needs to remember these 10 things before purchasing a house.

Don’t Move Your Money

There’s no need to take risks as a St George home buyer with your credit profile by prematurely moving your money around and making an enormous purchase. In order to get you the best loan they can, lenders want to see a thorough paper trail that shows you’re reliable. You’ll make it difficult to get a loan if you make a lot of giant purchases, accumulate loads of debt, and open new credit cards.

Home Loan Pre-Approval is Important

A St George home buyer would be smart to remember that a pre-approved mortgage is not the same thing as being pre-qualified. Pre-qualified loans are not exclusive and are available to virtually anyone. Being pre-approved, however, is much more substantial because it means that your financial information has been examined and assessed and that you know exactly how much they’re willing to lend you. The last thing you want is to waste time viewing homes you can’t afford. A St George home buyer who is pre-approved will avoid that in addition to having assistance in getting the best possible interest rate and overall deal. Be sure to learn about points, processing and junk fees, and any potential hidden costs associated with the loan.

Border Disputes Are No Fun

You must have a survey completed on the property you’re considering so that you are fully aware of property lines. A neighborly dispute over property lines is not a situation a St George home buyer ever wants to ever be in. Another reason why having a survey done is important is because the amount you will eventually pay on property tax once you’re the owner will depend the exact amount of property you have.

You Can’t Time The Market

Friends and family may instruct you on when they think you should buy according to their knowledge of the market. The sooner you accept the fact that you cannot anticipate the housing market, the better. All a St George home buyer needs to know is that if you find a home you can afford and you absolutely love it, than it’s time to buy. The real estate market is too unpredictable to be spending precious time trying to outsmart it. Just look for the home you truly want and when you find it (and it’s within your budget), don’t let what others are saying about the market prevent you from purchasing it.

Bigger Doesn’t Always Mean Better

You may covet the nicest, biggest home on the street. But that doesn’t necessarily mean that it is “better” than the other homes. One fact to remember is that those who own the nicest, biggest home on the street have a very small demographic to sell to when it comes time. Remember that the value of your house goes up only in accordance with the surrounding houses. For example, if your neighbors are paying $300,000 to $350,000 for their homes but you pay over $500,000, the potential for appreciation is extremely limited. If a St George home buyer purchases the worst home on the street, they will likely be able to trade their home for a higher amount per square foot than the big, nice one.

Stay Away From Sleeper Costs

One of the big differences between owning a home and renting one involves sleeper costs. You will be a wise St George home buyer if you remember the reality of additional home owning expenses such as HOA dues, utilities, and property taxes. Many people only think about the mortgage payment when buying a home but fail to consider the likelihood of property tax increases, maintenance, repairs, and the other expenses the come with being a St George home buyer.

This article will continue with the St George home buyer article 10 Best Kept Secrets for Buying a Home – Part 2.

10 Best Kept Secrets for Buying a Home – Part 1

St. George Home Buyer

Article By: Clear Content Marketing

 

10 Best Kept Secrets for Buying a Home – Part 2

This article is a continuation of the Saint George home buyer article 10 Best Kept Secrets for Buying a Home – Part 1.

Let Instinct Influence Your Purchase – Not Emotion

You’re in for heartache if you let emotion be the driving factor to purchasing a home. As a Saint George home buyer, remember that “falling in love with a home” and simply going with it on those grounds alone often has consequences, mostly financial ones. Letting emotions choose your home for you typically ignores instinct and hinders your ability to understand value when it’s presented to you. A Saint George home buyer is an investor. That’s what a home purchase is, so be wise.

Homes Need Physical Examinations

You’d never purchase a used vehicle whiteout taking a look underneath the hood. Use the same mindset when you hit the housing market. Hire a home inspector and gain valuable information about the property. The average cost is around $200 for this service but can result in thousands of dollars of savings. It’s a fantastic way to obtain an opinion from a third party who is unbiased. If issues are found by the inspector, you then have some leverage for getting a lower price. How many stories have you heard of a Saint George home buyer purchasing a home they thought was in great shape but later learned that wasn’t the case? Avoid that with a home inspector.

Understand How to Bid

When a Saint George home buyer places an initial bid on a property, there should be two things and two things only that influence the amount: your realistic opinion on what the property is worth and what you can afford. You don’t want to insult the seller by making an outrageously low bid, but at the same time you need to make sure you are getting a fair price. Low first-time bids tend to be commonplace in general, but this shouldn’t be considered a wise practice in every scenario. Calculating an approximate average price per square foot is a good idea and will help you understand what the market is doing in a particular area. If you can find out near-future intentions of neighbors, this will also provide a benefit to you as a Saint George home buyer. Such knowledge can often predict future decreases in property value. If you find out that a particular seller is behind on their property taxes, this is a wonderful negotiating tool. This information can be acquired by visiting the local county clerk’s office. Gathering all of these information tools puts you at an advantage as a Saint George home buyer because the seller will see that you’ve given their property careful thought which will make you stand out.

Canvas the Neighborhood

Don’t be creepy, but get to know the area. Visit the neighborhood and particular streets with homes of interest to you. Go often. Go during different times of the day and evening. A Saint George home buyer can find out a lot about a neighborhood pretty quickly by doing this. You may discover that the area is in fact not a place you see yourself living despite a home of interested being located there. In addition to getting a feel for the location, be sure to find out distances from the property in question to places you will frequently go like work, the supermarket, gas stations, schools, event centers, etc. Another thing to not overlook is the school district. Even if you don’t have kids, this is important information to know. A notoriously good or bad school district influences the housing market in a surprisingly substantial way. Be a studious Saint George home buyer to increase the quality fo your opportunities.

10 Best Kept Secrets for Buying a Home – Part 2

Saint George Home Buyer

Article By: Clear Content Marketing

 

Understanding Property Deeds

St George property deeds are legal instruments that transfer some property right in real estate. A deed contains three distinct pieces of information: a signature from the individual who is transferring property, the names of all parties involved, and a description of the property being transferred.

Deed Types

There are different types of St George property deeds, all of which are used in specific ways in certain circumstances. These include warranty deeds, grant deeds, and quitclaim deeds. Warranty deeds supply further promises in addition to transferring ownership (including the promise of a title with no liens). The party who transferred property is responsible for compensating the buyer if promises are unable to be kept for any reason. Grant deeds, in addition to transferring ownership, assure the buyer that the property being sold has not been handed over to another person. Quitclaim deeds transfers property ownership rights from the transferring party to someone else. This is the deed type most often used when ownership rights aren’t clear.

Joint Ownership

Even after describing the three main types of St George property deeds, one particular questions still comes up often. How does one purchase property jointly with another person?

Joint ownership of property can be accomplished in one of three ways. The way that one chooses to go about this is very important. The three ways are tenants in common, joint tenants, and tenants by the entirety. Tenants in common allows the parties involved to obtain unequal shares if they desire. It also makes clear the person(s) to which one’s share will fall to upon death of an ownership holder. Joint tenants is the option chosen when both parties desire equal shares of ownership. If one of the ownership holders passes away, their shares fall to the co-owner. The property right in the person’s will does not need to be disposed of under a joint tenant situation. Tenants by the entirety (sometimes called community property) involves spousal property in that both people have full ownership of the entire property and neither can transfer any ownership rights anywhere whatsoever without the other’s consent.

Property Deed Requirements

St George property deeds need to be witnessed, filed, and notarized. Step one is the transferring party visiting a notary so that the signature can be witnessed. Step two is then visiting local county recorder where the land records department is and recording the deed with them so it’s officially filed. The transferring party will keep the original deed and the office will retain a copy.

What Are Trust Deeds and Contracts For Deeds?

There are two more types of St George property deeds that we haven’t mentioned yet – trust deeds and a contract for deed – because they don’t actually transfer property, but it is still important to know about them.

A deed of trust (also called a trust deed) is a mortgage that transfers a property title to another person (the trustee) who holds the land as security for the loan. The title is returned to the borrower after the loan is paid off. A contract for deed is an actual contract that awards a party the property title only until the loans are paid off by the other party, at which point the original borrower receives the title back.

Additional Information

If you have more questions about property deeds, contact Eagle Gate Title and will provide you with all the information you’re looking for. Remember that the purchase of land and property usually represents the largest financial investment that a person will ever make. This shouldn’t be taken lightly. Be sure your are careful and meticulous about making certain that everything is in order when it comes to Saint George property deeds.

Understanding Property Deeds

St George Property Deeds

Article By: Clear Content Marketing

 

What Should You Expect When Working With a Title Company?

During a real estate transaction, the title company often gets the least amount of spotlight and recognition, even though their involvement is just as important as any other participating party. At Eagle Gate Title, we want our patrons to understand the important role that a Saint George title company plays in their closing process. You should choose your title company wisely, just as you would a real estate agent or an attorney. Here are some things that you should expect during the process of working with the title company you choose – things that we guarantee at Eagle Gate Title.

Both The Buyer and Seller Sign The Contract

Both the buyer and the seller need to sign the purchase contract at which point the real estate agent contacts the title company to have the earnest money and contract submitted.

Receipt From the Title Company

Each party member receives a copy of the check and contract from the Saint George title company. It will include the GF (guaranty file) number as well as the name and contact info of the closing agent.

Closer Performs Their Responsibilities

The closer plays an important role as they conduct the closing meeting, prepare settlement statements, gather documents, request tax statements, request surveys, and takes care of all the communication with all parties involved.

Title Insurance Commitment

A title search will be performed by the Saint George title company after which a commitment will be sent to both parties (for more information on the important details a title search can reveal, click here).

Closing Documents

All closing documents will be provided to both parties just before the closing is scheduled to take place.

Settlement Statement

Every transaction detail and all personal information should be 100% accurate on the settlement statement, including info tax allocation, deeds, and loan documents.

Don’t rush

During the closing meeting, one document at a time will be presented by the closing agent representing the Saint George title company. They will be able to answer any question that anyone present may have to provide clarity for all parties. They shouldn’t rush the process in any way.

Disbursement

Because the Saint George title company acts as an escrow agent and is not a representative of the seller or buyer, they hold the earnest money until the contact states it is time to disburse those funds. All regulations and stipulations will be adhered to during the disbursement of earnest money, whatever they may be.

Earnest Money Prior to Closing

The Saint George title company will regulate and determine if party members who request earnest money before closing are in fact entitled to it.

Dealing With Compromises

In some scenarios, both parties present evidence that they should receive escrow money. Hopefully, a compromise is reached between the two parties. The Saint George title company, however, will not involve themselves in earnest money disputes.

Read the Title Commitment Inside And Out

Be sure that that you know the details of your real estate transaction including what is and isn’t covered by title insurance issued by the Saint George title company,, for example. Neutral is the name of the game when it comes to title company. They’re more like mediators. The buyers and the sellers need to make sure that their own interests are looked after. They need to look the closing documents and title commitment over to make sure that everything is in order. If you would like more information about what you should realistically expect from a Saint George title company, as well as what makes Eagle Gate Title the best choice in Southern Utah, reach out to us. When you work with us, every expectation will be met and then some.

What Should You Expect When Working With a Title Company?

St. George Title Company

Article By: Clear Content Marketing

 

Important Steps in Buying a Home

“Stressful and exciting at the same time,” said one home buyer.  “Like going through a pregnancy,” said another. Though buying a house has long been considered an integral part of the American Dream, it can be frustrating, fatiguing, scary, and wonderfully exciting at the same time.  This article presents some important steps in buying a home. Hopefully, it will prepare you a little and make the process of buying your house a bit easier.

Step One:

Decide if you really want to buy a house and why.  If you’re married or in a long-term, committed relationship, be sure your partner agrees that home ownership will meet your goals better than renting.  If your spouse believes long-term renting is better, ask for the reasons. This conversation may be eye-opening to your spouse’s real plans and desires.

Your partner may not be aware of the benefits of home ownership: building equity, tax savings, raising credit score, making the place your own to suit your fancy, your hobbies, family gatherings, etc.  When you own a home, you can make it a refuge from the distractions and stresses of the world. You can turn it into a soft place to fall for your children. Granted, an atmosphere of love and acceptance is more important than how comfortable your couches and chairs are.

Certainly, there are times when renting is advisable over purchasing, such as during an unstable real estate market, unsure job situation, where you want to grow roots, money savings, interest rates, and level of commitments to the relationship.  So, if you like your job, want to put down some roots, have some money saved, and are committed to your partner no matter what, then set the goal to buy a house together.

Step Two:

Once you’ve decided that buying a house is right for you, determine your price range, and start looking.  Look in areas where you want your kids to go to school and play with neighbors. Check the distance and safety of the commute to work.  Does it bother you to drive 40 minutes through lots of intersections? Is it important for your health that your commute can be a walk or bicycle ride?   Can you take public transit to and from work? Buses and trains remove the stress of driving and many of the risks, too. Expenses? Yeah, public transportation will save you money.

Step Three:

 After setting your price range and areas where you’d like to live, choose a real estate agent, or use online resources to look for Fisbos.  “For Sale By Owner” houses may save you the commission fees, but they transfer more of the headache of negotiation and paperwork to you. Not everyone is up to that, so asking a real estate agent to help you is recommended.  Talk to a few agents, and ask them how long they’ve been in the profession. Ask what type of houses they have sold. If they’ve sold only million-dollar homes, and you want one that costs $100,000, you’re better off with another agent.  You want someone who considers your business important and worth their time. Ask what their commission rates are and how they look for houses for you.

Step Four:

A very important step in buying a home is making an offer.  When you and spouse have agreed on a good house for you, ask your agent for input.  You don’t have to offer what the agent says; you can “low-ball” it if you want. If the seller replies with, “No way!” you can always come back with a stronger offer.  If the seller is motivated to sell, they’ll counter with a price they’re comfortable with. At this point, it’s a game of who wants it more. Do you want that house so badly that you’re willing to pay top dollar for it, or do you have two or three houses in mind that you’d be happy with? Does your seller want to sell the house so badly that they’ll discount it?   If you convey that you don’t want that house THAT BAD, you’ll get a lower price. Your agent will help you with negotiation.

Step Five:

Choose a reputable title company which has your interests in mind.  A title company protects you during the purchase transaction. A good company will insure the money transactions are correctly done, and they’ll make sure there are no outstanding liens on the property.  You don’t want to buy a house, only to find out later that someone else has a claim to part of its value. This is critical in the important steps in buying a home. Happy Hunting!

Important Steps in Buying a Home

St. George Real Estate

Article By: Clear Content Marketing

 

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