Resources
Home Buyer Protection

Protect Yourself When Buying A Home!

Before you select a Realtor to work with, you should educate yourself on the subject of Agency Relationships.

For years, both the seller's agent (the listing agent)and an outside agent bringing an offer from a purchaser (the selling agent or sub-agent) were legally considered to represent just the seller and owed their loyalty, best efforts and other fiduciary duties only to the seller.

This archaic concept left buyers totally confused and legally exposed because they were being treated as a third party customer without any representation.

Confusion would set in when a purchaser believed that a relationship or allegiance had developed with their Realtor, only to find out that during negotiations their supposed agent was ethically and legally bound to work on behalf of the seller, trying to get the seller the best price and terms possible on the sale of the house!

The purchase of a new home, regardless of where it is located, is a significant investment for anyone. The agent you choose for the position of buyer/broker should consult with you to find out what is most important to your family. Location, education, safety, conveniences and other factors should be considered so that your new home matches your lifestyle. Because this purchase will affect your future, it's important to have someone in whom you can confide. You want to make sure that you are truly represented; not just because it is a law, but because the agent you choose has been educated in representation and works on your behalf, not their own.

We will counsel you in determining:

• The home buying process
• How much home you can afford
• What price is fair to pay for the home
• What items we need to have the seller fix, or
• What issues we need to address with the seller
• How to gain pre-approval by a lender
And much, much more!

We offer buyer brokerage service to all or our clients. By counseling with them, we are able to meet their home buying needs and help them make the right choices for their families. There is no cost to the buyer. The seller or builder pays the entire brokerage fee.

Working exclusively with an experienced and skilled agent ensures that you will be adequately represented when dealing with a seller or builder.

Broker One Realty, Inc. offers Free Buyer's Representation...
We'll work to find your dream home.
more advice on ... buying real estate in Columbus, Ohio (16)
Do You Need Mortgage Protection?
If you have a mortgage on your home in the West and North Columbus area, you have probably gotten several offers from insurance companies.
Do You Really Need Title Insurance?
Title insurance is one of the closing cost items on the closing statement when a home is purchased.
Earning Your Loyalty
When you begin to search for a new home, you will probably encounter several Realtors at open houses, through friends or from signs or advertisements.
Keeping an Eye on Zoning Decisions
Zoning classifications are the most important tool that a local government has to control the way land is used in a community.
Keeping Your Earnest Money Safe
When you make an offer on a house, it is accompanied by an earnest money check.
Leaving Yourself a Financial Cushion
When you calculate how much you will need to purchase a home you will add up the down payment and closing costs.
Making Your Dream Home Come True
Your first child is on the way, and you are outgrowing your small apartment.
More Down Payment Help
Perhaps the most common deterrent to first-time home buyers is the lack of a down payment.
Should You Read Every Word?
Buying a house involves a lot of paperwork.
The Elements of Location
When you are in the market for a home, how should you evaluate the properties that appeal to you?
The Language of Financing
When you meet with a lender to apply for financing, you may feel as if you are in a foreign country as the loan officer talks points, Regulation Z margins, PMI, and ARMs.
The Rewards of Home Ownership
People buy a home for a lot of different reasons. They may want to put down roots in a community and create a sense of stability in their lives.
Three "Caballeros"
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value.
Understanding the Bottom Line
An important part of buying a house is sitting down with your Realtor or a mortgage lender to get a clear idea of how much you can afford.
What is a Balloon Mortgage?
In loan terminology a "balloon" is the unpaid loan balance that must be paid in full on a specified due date.
When You Are Buying Property to Build
You noticed a lot for sale in a suburban area in the West and North Columbus area that looks like a perfect place to build your dream home.
.
Broker One Realty, Inc.
3400 N. High Street, Suite 130 Columbus, Ohio 43202
Phone: (614) 246-7153 | Fax: (614) 246-7157
Copyright© 2007 Broker One Realty, Inc.. All Rights Reserved. Privacy Policy. Last Updated: 2008-05-09 11:05 Site Map All information is deemed to be accurate but is subject to errors and ommissions and should be verified to your satisfaction. Broker and Agents Licensed in the State of Ohio.
Our agents Steve Hutchinson, Clare Brofford, Michael Chambers, Gary Josephson, Nathan Fisher, Deborah Pitzo, Marla Spencer, Scott Wheeler, Rollins Custom Homes / Ben Rollins, Aaron Strange, proudly serve Hilliard, Dublin, Worthington, Powell, Westerville, Grove City, Upper Arlington, Plain City, West Jefferson, Marysville, Clintonville, Grandview, Gahanna, New Albany, Groveport, Pickerington, Canal Winchester, Pataskala, London, Whitehall, Bexley, Choctaw Lake, Galloway, Madison County, Delaware County, Union County, Franklin County, and all areas of Columbus and Central Ohio!
<<< back to top >>>