Other Members of the Buying Team
Even with the services the best Realtor has to offer the Buyer, the Buyer will need assistance from other professionals in the Home Buying Process. Most Buyers will typically use the services of three other Real Estate Professional. These include the Home Inspector, Real Estate Lawyer and Mortgage Manager.
Home Inspector
The Home Inspector provides expert knowledge on the structure of the home you are considering purchasing by evaluating the condition of the property.
A home inspector does not check cosmetic or surface features of the home, such as the carpeting, or guarantee the absence of future problems. A home inspector simply reports on any existing problems.
The areas a home inspector focuses on include:
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Foundations |
Plumbing |
Fans |
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Doors and Windows |
Electrical System |
Floors |
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Roofing |
Heating |
Insulation |
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Chimney |
Cooling System |
Ventilation |
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Gutters |
Ceilings |
Sewer Lines |
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Vents |
Walls |
Exterior |
To see the types of areas a home inspector evaluates, click on “Home Inspector Checklists”
Lawyer
For the process of buying a home, a real estate lawyer rather than a general practice lawyer is needed to ensure your rights and interests are protected in the purchasing process.
Mortgage Manager
The costs of buying a home are often enormous (see “Costs of Buying a Home”). To aid in this financial burden, it is often best to talk to a mortgage manager when making the decision to finance your home. A mortgage manager provides a number of important services (see “Getting Financially Qualified”).
The mortgage manager will provide information regarding:
- The maximum house price a purchaser qualifies for
- The downpayment required for that price range
- Plus a range of other services
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