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Buyer Resources

Buying a home can be an overwhelming process. From financing to negotiating to closing, there are a lot of moving pieces that can leave home-buyers bewildered. 

A real estate agent can help guide you through each step of the buying process, offering sound advice along the way. By working with a professional agent who knows the ins and outs of the real estate industry, you’ll not only end up with a great home, but you’ll also walk away with a great experience.

Here are some of the key areas that an agent can help you with:

Getting pre-approved by a lender

By providing your real estate agent w6ith some basic information about your income, savings, and debt, he or she can assist you in getting pre-approved by a reputable lender. The lender will then go over your financing options, what monthly payment amount you can afford, and what you can expect for down payment requirements and closing costs.

Choosing a home

For most buyers, choosing a home is an emotional process. An agent can assist you in this process by offering objective information about each property you look at. From local community information, like schools and zoning, to home-specific details, like condition and amenities, an agent can help you find exactly what you’re looking for.

Making an offer

Once you’ve found the home of your dreams, an agent will research recent comparable sales of similar homes in the area to help determine a fair selling price. Based on those comparable sales, as well as other factors like inspections and repairs, an agent will then help you structure an offer and negotiate to get the very best deal possible.

Closing

Closing, or settlement, can be a complicated process. In some areas, the escrow or title company handles the closing process, while in other areas an attorney handles it. (In the Hudson Valley, your attorney will handle the closing.) Regardless of where you’re buying, a real estate agent can help ensure that everything goes smoothly.


DeWayne A. Powell
Lic. R. E. Salesperson
Douglas Elliman Real Estate - Riverdale
3544 Johnson Avenue
Bronx, NY 10463-1603
+1 917.748.5100
dewayne.powell@elliman.com

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575 Madison Avenue, NY, NY 10022. 212.891.7000 © 2019 Douglas Elliman Real Estate. All material presented herein is intended for information purposes only and is not the opinion of the parent or any affiliates. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.

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