Think you can buy a home sans a real estate agent? Why not? However, as home buying is one time-taking process, just prepare yourself for all the researching and diligence on your part.
1) First and foremost, find a mortgage lender and obtain a pre-approval for a mortgage. So that you have a clear grasp of which homes are within your financial range based also on how much financing would be available for you. That’s why a pre-approval letter from your lender is a must before even venturing out for your house hunt.
2) Prepare your list about your preferences and deal-breakers when it comes to your preferred home. The basic factors to be considered are: lot size, age of home, the neighborhood, the amenities, number of bedrooms and bathrooms and proximity to the places you go to on a regular basis.
3) Right after identifying your requirements, you can now begin your home search on your own. In the absence of an agent, make use of a notebook so that you could enumerate all the homes you’re considering. Be thorough enough to do your homework like finding out about your home area. Things like the area’s air quality, noise levels and crime rates are just as important.
4) If you already got that top 3 homes that fit your qualifications, now you can schedule a showing with the seller. You may actually request this via their realtor or even directly with the seller. Then, attend some open houses which would be held in any of the neighborhoods you’re eyeing.
Take note, though that though it’s very possible to purchase homes independently, it still involves a complicated process–plus a lot of patience. And instead of the real estate agent, you will be the one to negotiate the price with the seller. But you may want to hire a real estate attorney in order to review the purchase contract before executing it.
And remember that it’s not true that the buyer will always have to pay their agent commission on the sale. That’s the biggest misconception in the real estate world. The sale commission is in fact paid by the seller and not the buyer. Got it? Now, go and think about if you should buy that house on your own or hire a real estate agent.
With or without real estate agents, Mesa Arizona Real Estate and Homes for sale in Gilbert are very much worth your every cent.