Using a realtor to purchase a home will not cost you a penny when buying a home. In fact it might save you thousands.
Finding a houses for sale can be a daunting task. When you work with a professional realtor, it is that realtor’s job to find properties that match your requirements. A realtor may have more information about homes for sale in a neighbourhood that you are looking in.
Realtors that work in specific areas have better knowledge of the homes that are sale that might not be listed in the usual places, if at all. Many homeowners have reasons not too list their properties, and a local realtor just might have that privilege information.

Contacting the homeowner of a home that you are interested in can be more difficult than it may seem. But a realtor has their phone lines open and ready to receive that call at anytime. A realtor knows the right questions regarding the house for sale, then schedule a viewing.
Determine a homes worth and what the sellers are asking is much easier for a local realtor. There are ways of evaluating a home’s value without the help of a realtor, but using a realtor that works in an area and has sold or purchased homes in an area will give a much better evaluation. Now that decide that you are interested in making an offer on a property, you need to decide how much to offer for the home and how much negotiating room to leave to get a fair price for you. A realtor will come up with a homes worth in the current market. A realtor has the tools to do a comparative market analysis (CMA) takes in account the structure of the home, the area of the property the home is on and neighbourhood.

You may want to hire a good local appraiser to evaluate the property if this is a very large purchase. Your realtor should have a list of qualified appraisers that can get a non biased opinion. Your local realtor will draw up the sales offer.

A local realtor will have experience with home inspectors that can find out more about a home and will perform a thorough assessment of the homes unexpected needs and wants.
A realtor will also provide you the documentation that your mortgage lender will require before you can purchase a house. And in many cases will point you in the direction of a mortgage broker that can find you the absolute best deal on your monthly payments.

Now that you have chosen the house you want to make an offer on, and purchase, it is time to find a legal professional that can draft the necessary legal documents. A realtor can help you choose a competent real estate attorney that works at a fair price. Your real estate attorney will draw up the sales contract for you, which both you and the seller will sign.

Submit the sales contract to the mortgage lender. The lender will then process your mortgage and schedule your closing.