subject: Who You Can Turn to for Real Estate Advice [print this page] Who You Can Turn to for Real Estate Advice
If you are new to the real estate market and you want to invest, sell your home or buy a home for you to live in, then you probably need the help of an expert. While there are many websites dedicated to telling you that you can do everything all by yourself, the truth is that most people find the process to be convoluted and complicated. Getting real estate advice from professionals is vital to your success, no matter what it is that you are trying to achieve. You simply need to know who to talk to and what information that you can get from them.
1. A Realtor - A Realtor is an excellent resource for you, especially if you want to buy homes to flip or to rent. You can develop a relationship with a realtor and have them alert you when a home that meets your criteria is available. Often, if you are buying and/or selling a lot, they will give you discounts on their commission if you are willing to use them exclusive for your business.
2. Real Estate Attorney - A real estate attorney can help you answer all of your questions about the legality of buying real estate. There are a lot of legalese in loan agreements, much of which you won't initially understand (over time, as you grow used to buying property, if you are investing, you will probably know exactly what terms you want and don't want in a loan agreement). What's more, some lenders require that you actually live in the home you are purchasing (to ensure that you are committed to the loan); if you are investing you need to look out for these types of stipulations.
3. Lenders - A lender can offer you untold amounts of advice; find one that you can ask questions of regarding different loan types and the benefits of each one.
4. Mortgage Broker - A mortgage broker is a great resource because they can find you multiple sources for getting the money you need to purchase a home.
Whether you are looking to buy a home to live in or start an investment program by taking advantage of the fallen housing market, you will want to ensure that you gain the benefit of advice and help from all the professionals that you can find. They will ensure that you know how to get the best deal and prevent you from making some of the more common mistakes that home buyers make.
