A BUYERS AGENT WILL HELP YOU BUY A HOME
IN LOUDOUN COUNTY, MARYLAND
GET IN THE RIGHT FRAME OF MIND
Buying a home in LOUDOUN County will often represent a very investment for the average home buyers. Home ownership is also the single most valuable asset of the American home owner. In real estate parlance, a family can be one or more persons. It is important that home owners understand how to make the investment wisely and protect their asset. Loudoun County real estate is expensive based on the local average and it is important that home buyers have help every step of the way from home search to settlement.
WHAT LOUDOUN COUNTY OFFERS HOME BUYERS
Loudoun County real estate has been appreciating at approximately 22% a year for the past several years beginning in 2001. The Loudoun County economy has grown at a rate of 7-9% or more for the past
six years. This growth resulted from local governments vigorously attracting large employers and especially high tech employers to the area. Local and state governments also invested resources to expand commuting routes to and from these employers.
HOW A BUYER'S AGENT WILL HELP
Buying a home is a very complicated transaction. Home buyers need to make careful and wise decisions. However, buying a home is not the same as simply buying real estate. A home often represents a very emotional purchase. Many families are buying a home in Montgomery County so that their children can attend Montgomery County public schools. There is generally more involved in the purchase of a home, such as proximity to public schools, commuting to the job location(s), convenience to shopping needs and sports or hobby activities. The transfer of title to real property is also a legal procedure and that will usually mean that homeowners will need the help and advise of a REALTOR ® or attorney, depending on the particular laws of the state in which the home is purchased. Whether using the services of a REALTOR ® or real estate attorney, home buyers should always make sure that they understand the contract, the loan documents and the settlement procedures. Home owners should not hesitate to ask questions of their REALTOR ®.
WORKING WITH AN AGENT OR BUYERS BROKER IN LOUDOUN COUNTY, VIRGINIA
Things a buyer's agent can do to help make your home search easier and more productive:
- Help you know the price range for which you'll qualify to buy.
- Help you locate homes in the price range and geographical location of choice.
- Help you preview homes with an eye for condition and value.
- Help you by preparing the contract to make an offer to purchase.
- Help you negotiate the contract with the terms and conditions most favorable to you.
- Help you obtain loan information and make loan application for terms most favorable to you.
- Help you understand the home inspection process and how it relates to the contract.
- Help you by arranging the termite and other inspections by contract.
- Help you by getting the most favorable repair terms and conditions pursuant to the home inspection.
- Help you inspect the home prior to settlement to make sure the condition hasn't changed.
- Help you to arrange the settlement meeting where title is transferred to you.
WHAT ELSE WILL MY AGENT DO FOR ME?
- Present your contract and negotiate the details until it is accepted by all parties.
- Accompany you to loan application if needed and desired.
- Accompany you to the home inspections
- Accompany you to the settlement and make sure you understand the Settlement Statement.
- If you are working with a Buyer's Agent in Loudoun County, you'll get the benefit of EVALUATION, NEGOTIATION AND PREPARATION OF THE CONTRACT, that cannot be done except by a Buyer's Agent presenting YOUR needs and wishes. Keeping in mind that both parties, buyer and seller must agree to all terms and conditions, you will want an experienced BUYERS AGENT in your corner presenting your
offer. Remember, there is more to a good contract than price. Other important considerations are inspections, conveyances, settlement dates, and othere matters for negotiation.
WHAT IS THE EARNEST MONEY DEPOSIT?
As a part of the contract, you'll make a "Good Faith Deposit" of money which is held until settlement at which time it is credited to your closing costs.
SETTLEMENT PROCEDURES
The buyer and seller will usually attend settlement with their respective agents. We will be there
with you, our buyer. The title company will go over the buyers' and sellers' closing information
and accept your payment in exchange for the keys to your newly purchased home.
Congratulations! ! ! You just purchased a home in Loudoun County, Virginia
Loudoun County has rural and urban settings
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