Rent-to-own, or lease purchase, is a home-buying option that doesn't get a lot of attention,…
Real estate sales all across the country are a little nuts right now. Home prices have trended up for a few years now, and there’s no sign of it slowing down anytime soon. The reason for the boom in Oregon home sales is simple: Covid changed the way we decide where we have to live. Remote working options have given a large percentage of the country’s workforce the opportunity to live where they want, not where it’s physically close to their employer. People are moving out of big cities and heading for the suburbs or even to rural properties.
Americans are leaving pricey apartment living and looking to jump into homeownership, some for the first time in their working lives and they need help to guide them through the home-buying experience. Enter the expert: Realtors!
Before dipping your toes into the real estate market, talk to a realtor or property conversion expert to help guide your search. Realtors know the properties available in your desired area and they lend valuable advice to getting you into a home you love. Fluent in the language of marketing, financing, locale, and availability, their interests align with yours in finding the perfect Eugene home.
Check out these perks to using a realtor to scout your new home in Eugene or Springfield Oregon:
A property expert’s job is to be a liaison between a buyer and a seller. Agents have easy access to all the properties available in the area where you’re interested in living. An experienced agent can tell you immediately whether a home is overpriced or underpriced. They also have contacts that you will likely need during the home-buying process, such as inspectors, tradesmen, mortgage brokers, appraisers, title company reps, and insurance agents.
Realtors know the local market better than anyone. It’s in their best interest to know what’s available and how to purchase it. A realtor provides an objective viewpoint to home value, something that lends perspective when you’re reviewing available properties. They are also a great resource for neighborhood and community information. They can provide you with information on utilities, zoning, and schools, all relevant criteria to your ultimate purchase.
Realtors know how to obtain property profiles. They can provide you with detailed information on the home’s history, who owned it, and how many times it’s been sold. They can also give you information on whether the home has been the site of criminal activity. They can pull renovation records and tax records, too, for comparable sales.
Property experts help you determine your budget and your financing options. They work with local lenders every day, so they know who to talk to and what helps you obtain the mortgage that works best for you. They’ll guide you through the credit and background checks as well as offer valuable data on improving both, if necessary.
Price, financing, terms, date of possession, repairs, furnishings, all these are negotiable items when purchasing a property. Realtors guide you through the negotiation process, from the initial offer to the closing process. They can offer advice on how much to offer and also advise you to walk away when the deal is not in your favor. Your best bet is always to keep a reputable real estate agent in your corner.
The Bottom Line
Real estate professionals include real estate agents and brokers, buyer agents, and property conversion experts, to name only a few. These professionals make their living helping people like you navigate the real estate market. Call Property Conversions LLC today, we’ll help you buy or sell your home quickly and without all the hassle. Or at the very least put you in contact with a trusted agent.