We get constant questions about being a first time home buyer tax credit and all of what comes with it. Due to this, we now have home buyers who are taking longer to find a home that fits their needs.
Here are some of the things to look out for when searching for a realtor before the tax credit ends below:
What Are You Looking For?
If you are in the market to buy a home, it is very important to interview who you are hiring to represent you and what you want. Here’s a couple of good questions to ask the Realtor you choose to help you find your dream home:
- How long have you been in realty?
- Are you full time or part-time?
- How is your current work load and do you have time for another customer?
- What specific area in real estate are you specialized in?
- How long have been a realtor for?
- How long have you seen homes on the market in “x” area?
These are just some of the things to ask your realtor before tax credit ends. A referral is great because it usually means they have done a great job for someone, but that doesn’t necessarily mean they will do a good job for you and that they are qualified.
An Added Cost You May Not Be Aware Of
Choosing the wrong Realtor for you can definitely cost you more in the long run and that is why you have to be choosy. Finding a home is one thing, but determining your needs and negotiating the terms is where it is at the most important bottom line of any realtor.
Most buyers see the $8,000 Tax Credit at the end, and they may think that this is a plus but it is wise to outweigh all of your options and be careful. Most don’t consider that they can possibly lose out on it if they are dealing with an unexperienced realtor.
You have:
- Earnest Money
- Option Fees
- Appraisals
- Inspections
- Termite Reports
All of these things can add up, and if in any case these things fall through then it can mean disaster for you.
Another option of course, is to call us over here at NationalCashOffer.com and we can help you sell your home and you can save overall. Call us today and we can help you sell your home in as little as 3 days!