FAQ BUYER'S REPRESENTATIVE AGREEMENT HOME BUYER EDUCATION

Home Buyer Education

Begin your homebuying journey with confidence through our Home Buyer Education Page. Here, we offer answers to frequently asked questions, free consumer guides providing valuable insights, a comprehensive understanding of the Buyer's Representation Agreement, and answers to frequently asked questions. Explore the pages of our "Complete Guide to Buying a Home," enhanced with a comprehensive step-by-step Homebuyer Guided Journal Workbook, and an enriching online educational course designed for both new and seasoned homebuyers. Empower yourself with knowledge as you navigate the path to homeownership.

Home Buyer Frequently Asked Questions

DO I HAVE TO PAY AN AGENT TO HELP ME FIND A HOME?


There are no hidden fees from a real estate agent to help you find a home on the MLS, nor for referring you to a lender or providing a Comparative Market Analysis report. The seller of the property customarily pays one commission fee to the listing brokerage office. The commission is then split into multiple ways between the listing and selling brokerages and finally between the agents involved. Again, helping you find a home, preparing all legal transaction documents, scheduling home tours, scheduling inspections and negotiating the sale has no upfront costs or hidden fees. However, in an off market For Sale By Owner scenario or when there is no seller compensation agreement, the buyer may be responsible for paying commission to the brokerage representing them. .

CAN AGENTS GIVE BUYER CREDITS?


Real estate agents and brokerages are not obligated to give client credits. Real estate laws and brokerages may carry certain restrictions as each office is independently owned and operated.


DOES THE SELLER CHARGE ME EXTRA TO PURCHASE THEIR HOME?


When a home is listed on the market for sale, the asking price is based on current Comparative Market Value and what the seller feels their property is worth. However, there are auction platforms where the buyers is subject to a buyer's premium which can be negotiated into the offer price. 

Otherwise, there are no hidden fees in the sale of a property; as per legal requirements all fees associated with the purchase or sell of a property are disclosed to both the buyer and seller on their HUD-1 or sales estimate during escrow.


Buyers are responsible for any fees associated with their loan, such as: loan origination fees, appraisal report, money deposits towards the property purchase, down payment, your portion of any closing costs and escrow fees. Again, there are no hidden fees, as you will be provided with a preliminary estimate of buyer fees and will receive a breakdown of all costs associated with your purchase before and during the escrow processes. A list of estimate fees can be provided from your lender during your loan consultation and also during our Buyer Consultation. 


INSTEAD OF BUYING A RESALE HOME, CAN I HAVE A NEW HOME BUILT?


Yes. With the increase of prices on resale homes in many areas, affordability and the demand from buyers to have more power in what they want is on the rise. You have options! We have a network of new home builders throughout So. Cal. Contact directly for more information.




Free Consumer Guide:
WHAT YOU NEED TO KNOW ABOUT BUYING YOUR FIRST HOME

If you are thinking about buying your first home or another home, then this guide is for you. We delve into understanding the right time to buy; is buying the right decision for you and comparing renting vs buying. This short guide will give you enough information to ask any real estate agent the right questions to help you get started with the home buying process.

Complete Guide to Buying a Home

Complete Guide to Buying a Home: Your roadmap to successful homeownership. This comprehensive guide provides essential insights and practical steps for homebuyers. Navigate the homebuying process with confidence, from understanding the market to choosing the right loan and securing your dream home. Maximize your investment and achieve a successful homeownership journey. This book includes a companion Homebuyer Guided Journal Workbook and an online educational course to enhance your learning experience.

Available on Amazon, Barnes & Nobles and Retailers Worldwide

    

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For those located outside of the United States, it's worth noting that the U.S. welcomes non-U.S. citizens interested in purchasing homes or real estate investment properties. However, certain eligibility requirements, immigration status considerations, and property type restrictions may apply. If you're looking to secure a loan for U.S. real estate investments, it's essential to be aware of potentially higher interest rates and tax implications. We strongly recommend consulting with your legal team before proceeding.


Rest assured, as a Certified International Property Specialist, I collaborate with a diverse team of lenders specializing in Foreign National Lending and Investment Property Loan programs. They can provide valuable assistance throughout the lending process. 


Whether your goal is to relocate your family abroad or to explore short-term or long-term investments, our extensive network of real estate professionals spans over 100 countries across all seven continents – Europe, Asia, Australia, Africa, North America, South America, and even Oceania/Antarctica.

If you're considering expanding your real estate opportunities, whether in the U.S. or beyond, rest assured that I am committed to delivering an exceptional experience throughout your real estate transactions.


If you're ready to take the next step in purchasing property in the USA, please click the GET STARTED link below to complete our International and Overseas Property Checklist. 


For international callers, you can reach us here on WhatsApp or through our online contact form.

Local Callers: 1-310-684-3811