Nearly 90% of all buyers and sellers use the services of a realtor for their transactions. Realtors are not just there to help you find the home of your dreams, or to find a buyer for your home..They offer a host of services that help protect your investment. Buying a home is the most expensive purchase most people will make in their lifetime, and having someone who knows the laws on your side is never a bad thing.
Here’s why using a Realtor is not only smart but a crucial piece to your success as a buyer or seller:
7 Ways to Prepare for Homeownership
With a little research and preparation much of the stress of home buying can be reduced. Finding the perfect home for sale in Stark or Tuscarawas County starts with these simple steps.
The process of purchasing a very first home can be confusing and overwhelming. A topic that brings a lot of questions is home inspections. Below you’ll find answers to the most commonly asked questions and come to understand why home inspections are an invaluable tool for home buyers.
Home Inspection Questions and Answers
What is a home inspection?A home inspection is an evaluation on a home’s systems and components. This may include plumbing, heating and cooling, roof and drainage, and so forth. The inspection can bring to light problems that were not detected during the initial walk through of a home. It can give a home buyer a better understanding of the home they are purchasing. Keep in mind that a home inspection and an appraisal of a home are two different things.
A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order at the start of the contract. These type of warranties are something buyers looking for homes for sale in Stark County and Tuscarawas Countywill want to consider.
Typically during the contract writing stage it is decided if a home buyer would like a home warranty, and whom will be paying for it- the buyer or seller. Sometimes, sellers will offer a one year home warranty as a courtesy for home buyers in Stark and Tuscarawas county. Other times, sellers will decide against paying for such a service and then the decision is up to the buyers rather to purchase their own home warranty or to forgo the option. The cost can also be split between the home buyer and seller as well. All of these options need to be discussed and written into the purchase agreement by your Realtor.
House hunting in Northeast Ohio including Stark, Summit, Wayne, Holmes, Carroll, Tuscarawas, and Coshocton counties.
Before you start house hunting…
#1 Find a Realtor
Realtor‘s can help make the process of house hunting in Northeast Ohio much easier on you. We have access to every home listed in the MLS in our area. If you come up with a list of wants and needs, specific school districts or areas you’re interested in, price range, and so forth we can generate results to use a guideline for our home showing adventures. Obviously I would love to be your Realtor, but it’s best to find a realtor whom you feel comfortable with and has good reviews so by all means please do your research!
Your New Home Wish List
Lets face it, we’ve all thumbed through the home magazine pages, watched the home remodeling shows, and dreamed about what our dream house would look like. But what would your next home really look like? Where would it be located? What features are you unwilling to compromise on?
Use the following list as a starting point to develop your needs and wants before searching for homes for sale in Stark and Tuscarawas County. Having an idea of what you’re looking for will help both of us streamline our process and be more efficient. This way we can focus on finding the perfect home for you.
Why You Should Work With a REALTOR®
Not all real estate practitioners are REALTORS®. The term REALTOR® is a registered trademark that identifies a real estate professional who is a member of the NATIONAL ASSOCIATION of REALTORS® and subscribes to its strict Code of Ethics. Here are five reasons why it pays to work with a REALTOR®.
- You’ll have an expert to guide you through the process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
- Get objective information and opinions. REALTORS® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
- Find the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your REALTOR® to find all available properties.
- Benefit from their negotiating experience. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
- Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally prescreen and accompany qualified prospects through your property.
- Real estate has its own language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.
- REALTORS® have done it before. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. And even if you’ve done it before, laws and regulations change. REALTORS®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
- Buying and selling is emotional. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, home buying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
- . Every member of the NATIONAL ASSOCIATION of REALTORS® makes a commitment to adhere to a strict Code of Ethics, which is based on professionalism and protection of the public. As a customer of a REALTOR®, you can expect honest and ethical treatment in all transaction-related matters. It is mandatory for REALTORS® to take the Code of Ethics orientation and they are also required to complete a refresher course every four years.
Do Stay Within Budget
Buying a house, especially your first home is a huge deal. Once you start looking at houses its easy to fall in love with granite counter tops and extra space..and that’s fine! If it is in within your budget. Try to keep in mind what you can truly afford each month to spend on a mortgage payment. Also keep in mind that even if something happens to your job, you still have to make that payment regardless. Many of the things you see in many of the homes that are just out of reach are things that you could eventually add to another house yourself.
So many of us live paycheck to paycheck. Buying a home may seem like an unobtainable dream but you can in fact make that dream a reality. Chances are if you do live paycheck to paycheck sticking several hundred into a savings monthly is not a realistic way to save towards your first home. So I’ve came up with some money saving tips that will work for just about anyone.