Buyer Info

Tired of:

  • Calling Real Estate offices and not getting calls back...?
  • Seeing more Brokers than houses...?
  • Asking to see splits and being shown capes...?
  • Looking to spend $400l and being shown homes at $450k...?

If you are looking to buy a home call Realty Advisors and register with our home matching system and see the difference...

Realty Advisors believes that the more a buyer knows and understands the smoother and less stressful the buying process is. This overview should answer many questions you have.

Who Works For Who 
Routinely In a Real Estate transaction the Realtor represents the party who has signed an agreement to sell their home, which 99 % of the time is the seller. So you as the purchaser should be aware that Realtors have a legal obligation to represent the Seller not you the buyer, and must protect the sellers interest at all times. Brokers must deal honestly with you and divulge all known material facts about the property, but they may not give you any information detrimental to the seller. Realtors must give the Seller any information they have on you, such as you willingness to make an offer but will go higher in price if you had to.

There Are 2 ways You Can Work With A Realtor As A Buyer
Buyer Agency

In this relationship we will represent you the buyer as our CLIENT, our legal obligation is to YOU not the seller. You can work with one of our Certified Buyer Representatives to get you the right house for the right price. Costs are typically paid from the sellers’ proceeds.

Traditional Sellers Agency

If you choose not to have your own representation, and opt for traditional service wherein your Realtor is working for the seller and looking out for the sellers best interest.

Contract Negotiations
How do you make an offer on a home once you decide on one. Some information and paperwork is necessary to make an acceptable offer.

● A signed Lead Paint Disclosure (Filled out by Seller and Acknowledged by the Buyer Also)
●An Agency Disclosure (Are you being represented by the agent or is that agent representing the seller. This must be in writing.)
●Purchase Agreement And Binder Check (Sometimes called a Binder. The check is a good Faith deposit usually $100.00 Dollars)
●A Pre-Qualification Or Pre Approval (From a Bank Or Mortgage Broker)

Closing Costs
Basically these are fees that are associated with purchasing a home and are costs to the BUYER

The following are normally considered purchasers closing costs:

● Purchasers Attorneys fees
● Title Search or Abstract
● Recording Fees
● Title Insurance
● Document preparation

This List is sometimes included in the term “Closing Costs” and are fees pertaining to your mortgage loan:

● Discount Points
● Origination Fee
● Escrow of 3 Months Taxes (This is the hidden one, some lenders include some don’t)