Buying and selling Real Estate

Buying of real estate property can be challenging especially first time buyers or even sellers.It is good to seek advice frompeople who have been in the business for a while,this are people who know the time and season to sell and buy.

Buyers and sellers guide 

This simple, easy to read guide provides buyers and sellers with information on key things they should know about the buying and selling process, what to expect from their real estate agent and the different methods of buying or selling.

Get your own independent legal advice. The value of a property transaction is significant and so is the potential cost if it goes wrong. Remember: agency agreements and sale and purchase agreements are legally binding contracts.

Read and understand agency agreements and sale and purchase agreements before you sign them. And don’t forget you can negotiate their terms and conditions.

We publish guides to these important legally binding contracts. Agents must give you a copy of the relevant guide before you sign an agency agreement or a sale and purchase agreement. We also recommend reading the guides before meeting with agents.

 Do your own research about the property

You can ask the agent anything you want to know about the property and they can’t withhold anything they know. However, you shouldn’t rely only on their information and you should do your own research. Consider getting a property inspection report, Land Information Memorandum (LIM), and a title search.

Depending on the property, other things to consider getting checked out are: weather tightness issues; possible p contamination; the condition of plumbing and wiring etc

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The internate has become a reliable platform,for sellers and buyers one is able to search for whatever they need and the sellers can post what they offer.It provides buyers with options to make the right choice.

The Internet and real estate professionals are the top two resources most buyers turn to when searching for a home.1  When it’s not convenient for you to speak directly with a real estate professional, can help improve your overall home buying experience and provide the guidance to reduce stress, save time, and make you a savvy, successful consumer.

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Timing is also important, by consulting Real estate proffesionals one gets to know the low seasons when the prices are low.This helps in saving money for buyers.Sellers get to avoid selling at such seasons.

Re/Max Agent Charles Beebe Jr. reminds his sellers that Mother Nature is in charge. He says turbulent weather can be a pain in the neck since it directly affects the number of interested folks looking to buy in winter.

I recently asked him whether the saying is true that it’s better to buy a home in the spring because of a larger number of homes on the market.

“I would say there are usually less buyers in the market due to the weather and plus many people get bad advice from their agent to wait until spring,” said Beebe, who is based in Exton, Pa., and has worked in the real estate industry for 26 years. “The possible lower inventory of homes on the market may result in a buyer getting a home at a much better price.”
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