Buying a home is one of the most decisive financial transactions of your life. The purchase of a home can be confusing, stressful and a difficult process so it pays to leave little to chance. With my help, as a real estate professional, I can help you navigate unknown territory with ease.
The great advantage to having a realtor on the buying side is that I will show you homes, do a market analysis on the home that you like, to ensure its value. I've got the training and experience to guide you through our complex real estate market. As a Buyer's Agent I can show, sell and save you money on any home listed or advertised by any agent or company in the area. I will negotiate the offer, inspection and any unforeseen situation that arises between the offer and the closing. The best part is often misunderstood, it is free of charge to buyers for representation.
Accredited Buyer Representative
The ABR designation, the benchmark of excellence in buyer agency service demonstrates to clients that the agent has taken steps to continue their education in the field of buyer representation, and has the proven experience and training to deliver ethical and professional service to real estate buyers.
Call or email me and let me show you how I can save you money on your first or next home purchase without any obligation. I will be glad to start your home search today.
I will be in regular contact with you during the entire process and will work very hard to keep your transaction as stress free as possible. I believe that finding a home should be an exciting process for everyone. Please don’t hesitate to ask questions.
Agency Law - Who Represents Whom?**
In my business I choose to offer Buyer Representation, and will specifically represent you, as my client, in the buying process, if you wish. As a member of the Real Estate Buyer’s Agent Council (REBAC), I am skilled in providing excellent representation for buyers. The law requires that we have a written agreement, stating our mutual obligations. Under such an agreement, we have a legal duty to divulge to all parties that we are working under a "buyer agency" agreement. Under such an agreement, your interests will be represented. Costs are typically paid from the sellers’ funds at closing.
Under SC law, real estate agents normally represent the party who has signed an agreement with them to market their home, i.e. the Seller. It is important that you, as a purchaser of real estate, fully understand that all Realtors legally represent the seller, and must protect the seller’s best interests at all times. Realtors have a responsibility to you to be honest and ethical in presenting property to you and are required to divulge all KNOWN facts and defects about a property in order for you to make an intelligent buying decision. However, at no time can they give you any information detrimental to the seller, and they must pass on to the seller any information they have about you, such as your willingness to pay more for a property than your offer indicates. You may, however, enter into a written agreement with the Agent to have him or her act on your behalf. This is called Buyer Agency or buyer representation, this is where I represent you and your interests.
DECISION TO PURCHASE
When you decide to purchase a new home, your first step should be to determine how much you can afford to spend. Of course, your mortgage lender will ultimately assess the amount you're eligible to borrow. Therefore, you need to target an appropriate price range before you begin house hunting. I can help you get started with this process, so that you understand what to expect.
Generally, your total housing expense should not exceed 28% of gross monthly income (FHA is 29%, VA is N/A). Your total housing expense is the sum of principle, interest, and escrows (insurance, taxes, etc). Also, total monthly obligations should not be greater than 36% of gross monthly income (FHA and VA are 41%). Monthly obligations include total housing expense plus payments on installment loans revolving credit payments, mortgage payments on real estate that doesn't produce income, and alimony and child support payments.
