Residential Buyers

One of the first things that prospective home buyers discover is the advantage of securing lending pre-approval. In fact, this step comes even before you begin your search for suitable property. Why?

Because buyers with pre-approval have already been vetted by a bank or other financial institution. This signals trustworthiness and seriousness to sellers with homes on the market. Pre-approval also lets buyers know how much they can afford to spend when seeking a new place to live.

One of the main reasons residential buyers turn to realtors is for help in locating suitable housing options. If you undertake a housing search on your own, you can waste weeks or months wading through potential properties. On the other hand, with the help of a knowledgeable realtor, you can narrow things down considerably.

This has two important benefits. First, you’ll save yourself the headache of doing a lot of unnecessary legwork. You’ll also have a much higher chance of finding homes that meet your needs and wants. That’s true whether you prefer a single-family residence, multi-family home, townhouse, or condominium.

Once you identify a home you’d like to buy, it’s time for the nitty-gritty of price negotiations. Some prospective buyers take on this task by themselves. In the vast majority of cases, this is a mistake. One of the primary benefits of working with an experienced realtor is securing a skilled negotiator dedicated to your goals.

Top realtors will understand the value of any home you want to purchase. They’ll also understand how to use that information when making an initial offer. Just as important, seasoned realtors know how to navigate the ups and downs of the inevitable counteroffer process. The overall effect is an increased chance of maximizing the power of your homebuying dollar.

Inspections are an essential part of the home buying process. When done correctly, an inspection will inform you about all condition issues affecting your chosen property. In turn, this information will help guide effective negotiations, and may even alter your purchasing decisions. Unfortunately, not all inspectors are the same. Among their other skills, experienced realtors should be able to help you identify qualified candidates. In a best-case scenario, they’ll also attend the inspection and make sure you receive an accurate report.

With his contacts in the region, Mike Mendez can direct you toward reputable inspectors for your pre-purchase inspection. Mike will also make sure you receive clear information regarding all inspection results. Also, he’ll help guide you through any follow-up procedures. Potential remedies include seller repairs and a reduction in the home’s asking price. Mike also offers other crucial services, including help tying up any loose

ends during closing.

Want to make the most out of your home search in Claremont and Upland? Consider Mike Mendez Realty your trusted resource. Mike is committed to helping each of his clients meet their specific goals and objectives. Also, he’s committed to making residential homebuying as convenient and hassle-free as possible. Call Mike today to arrange an initial appointment or gather more information. He’ll be happy to walk you through the process and help you get started on your journey.

Mike Mendez Realty is your hometown advantage for effective, lucrative property sales in the Claremont region. At all times, Mike and his team follow best practices for professional realtors.