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You Need Expert Assistance Throughout Your Transaction
A real estate transaction can be an incredibly complex journey loaded with unexpected bumps and turns. Your Kentwood broker will guide you down the best path and through any difficulties that may come up. A Buyer Broker knows the market, and will work with you to understand your wants and needs and work in your best interest, saving you time, money, and headaches.
Questions A Buyer Broker Should Be Able To Answer
What Federal and State Disclosures will a seller be required to make?
Lead Based Paint
Flood Zones
Foreign Investment in Real Property Tax Act (FIRPTA)
Agency Disclosures
Environmental Hazards including asbestos or radon
What financing challenges may need to be overcome?
Does the seller have a pre-payment penalty and who is responsible for paying it?
What happens if the appraisal comes in low?
What if a loan condition stalls closing?
What happens if there is a change in employment during the transaction?
What are examples of title issues?
Easements on the property that the buyer was unaware of at the time of the offer
Encroachments over the boundary lines
Liens that total more than the sales price or sellers’ proceeds
Mechanics liens placed by contractors for non-payment
Lis Pendens – public notice of a potential law suit that could impact title
Buyer Brokers do more than unlock doors! Stunning pictures can turn into dream homes, but there’s a complex transaction to get you there.