Surround Yourself With Professionals

When I began my real estate career in 1985, we used one page contracts...no property disclosures...no fax machines...MLS book came out once every 2 weeks...no property searches on a computer...we had to drive to real estate offices wherever they were to pick up a house key for a showing and then return it...

So much has changed.

But as time goes on, technology changes, the market changes, paperwork changes, etc. It all gets more detailed and complex. Expectations are raised. People want to know everything about a property...before making a decision.

What this leads me to is the fact that you need to work with professionals through your real estate process. Here's a list of most people involved when you purchase a property:

• your buyer's agent
• the seller
• the seller's agent
• mortgage loan officer
• mortgage underwriter
• private mortgage underwriter (if getting PMI)
• appraiser
• home inspector
• radon tester
• termite inspector
• contractors (if issues come up, give estimates)
• homeowner's insurance agent
• title company

There are also many other people behind the scenes that you'll never see or hear, but they are just as important to you in completing the purchase of your new home.

Surrounding yourself with others, who are experienced, is critical in today's market.

Did you know that anyone can be a home inspector? There's currently no licensing requirements for home inspectors. Scary, isn't it?

Make sure that you do some investigating of who you want to have assisting you in your purchase. The professionals that you do hire also should be able to make recommendations of others they've worked with in the past, who are reliable, competent in their field and have years of experience under their belt.

Sometimes, the real estate transaction can go smoothly from start to finish, but more often than not, there are things happening behind the scenes that may take the loan approval up to the wire to close on time. It's like a duck. On top of the water, the duck appears to be just gliding through the water, but underneath the water, it's paddling ferociously.

Do your best to surround yourself with professionals and soon you'll be in a new place you call "HOME SWEET HOME".

At your service,

Dan

What questions do you have about this tip or any other topic? I'll gladly answer your questions at: dan@danweis.com.

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I'm available to help you find your dream home! Contact me for a Free Consultation: (513) 615-1890 or dan@danweis.com