Home builders market newly-built homes as if they offer worry-free living. While brand-new homes offer some advantages when it comes to energy-efficiency and modern amenities, they are rarely completely free of defect. Without the representation of an Exclusive Buyer...
Homebuying Process
Protection During the Home Buying Process
Enjoy peace of mind during the home buying process by planning ahead and finding a buyer agent before you shop for your new home. The ideal agent, one exclusively representing real estate buyers, can be found through an interview based on the kind of questions they...
Myths vs. Fact About Buying Today
Plenty of myths surround the experience of home buying. The problem is that the truisms of yesteryear may not hold true today, what with the recession of 2009, the predictions for the economy, and the transient nature of some career paths today. You may have heard...
HUD Booklet Advises Buyers to Search for an Agent Who Will Represent Their Interests in RealEstate
US Department of Housing and Urban Development Releases Latest Version of Shopping for your Home Loan HUD Booklet advises buyers to search for an agent who will represent their interests in real estate transaction AVONDALE, AZ January 01, 2010 – In its first revision...
Thinking of Skipping a Home Inspection? Read this first!
Personally, I would never buy a home without an inspection. In fact, I may even go a little overboard. When I purchased my home, which was new construction, I not only had it inspected throughout the construction process, but I also had it inspected about a month...
How Do EBAs Get Paid?
This is one of the most common questions we get in the NAEBA office. Unfortunately, the answer isn't as simple as it seems. The simple answer: Exclusive Buyer Agents (EBAs) get paid the same way traditional buyers agents do. The real difference in an EBA and a...
Taxes Matter
One of the considerations in buying a home is property tax. Your EBA will research and explain property taxes in detail so that buyers are comfortable with the tax collected at the time of closing and property taxes due in the future. Your EBA will advise you what the...
Why Home Buyers Need a Mortgage Pre-Approval
When you begin the journey of buying a home, there is a critical step that should not be overlooked. Namely, obtaining a mortgage pre-approval! This may seem counter-intuitive for first-time home buyers. After all, how can you apply for a mortgage without knowing...
What Home Buyers Need to Know About Appraisals
When buying or selling a home, one crucial step is the home appraisal. A home appraisal determines the fair market value of a property, providing both buyers and sellers with an objective assessment of its worth. However, the appraisal process is one of the most...
Buying from a Home Builder? Hire an Exclusive Buyer Agent BEFORE Your First Visit
Buying a home from a builder is not necessarily easier or harder than buying from an individual home owner, but it is very different! This is because a builder constructs and sells multiple homes for a living, with no emotional attachment to any of them. National home...
Nonprofit Exclusive Buyer Agent Organization Advises Home Buyers How to Comparison Shop Buyer Agent Fees, Commissions, and Referrals
Most of the time, home buyers do not need to pay their agent a fee out-of-pocket since normally it is built-in to the price of the home, but that doesn’t mean the fee is unimportant. The National Association of Exclusive Buyer Agents (NAEBA) offers the following...
Home Buyers Should Allow Ample Time for Home Search
HGTV’s “House Hunters” makes it look easy. Eager buyers look at three perfect homes for sale and choose one, making a quick decision. In real life, home buying takes time and effort. According to a recent article in Forbes, the average buyer spends about 17...