Purchasing a home is the largest financial transaction that the vast majority of us will choose to make. It is extremely important to make sure you understand the terms associated with your purchase contracts and financing agreements. As a Realtor®, I highly encourage Buyers to use an agent when purchasing a home to fully understand everything that is involved. There is a lot involved in the purchase of a property, and having a professional who can help explain the intricacies of home inspections, Earnest Money deposits, as well as recommending reputable lenders and title companies can help take much of the stress out of the situation.
MSN Real Estate posted an article called 7 Terms Every Home Buyer Should Know!, which offers up precisely that sort of information. As an agent, I try to make sure every buyer I work with is as educated with the process as possible, but this article offers some important information about how to make sure you know what to expect from the very beginning of the home buying process. If you're looking to purchase a home, take a look at this article to get some information, or give me a call to arrange a meeting to help make sure you are fully prepared to purchase your home.