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    Buying a Home? Understanding the Importance of Working with a Buyer’s Agent

    Have you decided to buy a home here in Ann Arbor or in one of our other local communities? The home purchase process is an exciting time – and one that can be made both easier and less stressful by working with a professional real estate agent. In today’s blog post we’ll share a few reasons why you may want to consider working with one of our agents when buying your next piece of Ann Arbor real estate.

    Buying a Home? Understanding the Importance of Working with a Buyer's Agent

    Buying a Home is a Major Transaction

    It likely goes without saying but it’s important to remember that buying a house is a major financial transaction – perhaps the largest one you’ll make in your entire life. As such, it’s vital that you have the support of an experienced home buyer who has worked with dozens of clients in the past. Your agent has seen it all and they can share helpful advice at various points in the buying process. When you’re dealing with a transaction totaling a few hundred thousand dollars, even a small mistake can end up costing you significantly.

    An Agent Represents You in the Offer and Negotiation

    When you find that perfect dream home you’ll need to table an offer to the seller so that they can either accept or counteroffer you with different terms or pricing. The negotiation period can be very intense, especially if the seller is working with a real estate agent who is helping to guide them along with the goal of extracting a higher bid from you. Your agent can help you understand the terms of the counteroffer, craft a reply and put together a purchase agreement that works for both you and the seller.

    Once your offer is accepted, you’ll also need to deal with having the home inspected. If something was to show up on the inspection report, your agent will advise you on whether you want to use this as leverage to adjust your bid or if you should consider walking away and finding another suitable home.

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    Your Agent Takes Care of the Paperwork

    If you’re a first-time homebuyer then you are blissfully unaware of the amount of paperwork that is required to complete the average real estate transaction. From the initial offer you make on the home to the inspection, the appraisal, any back-and-forth dealings with the seller, the title transfer, insurance and finally the closing documents, delegating the paperwork to your real estate agent will save you both time and the frustration of dealing with it all.

    Contact Us Today for a Free Consultation

    Whether you’re just exploring your options or you’re ready to dive in to the Ann Arbor real estate market and start viewing available homes, we’re happy to consult with you to determine your needs and share how we can help. Contact The Toth Team today at (734) 669-0337 or by email on our contact page.

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