I’m The One Buying A Birmingham AL Home – Who Are All These Other People?
March 9th, 2010Categories: Birmingham Alabama, Mortgage
Birmingham, Alabama – Many people are involved in the home buying process. These professionals have based their careers on helping you find and purchase the Birmingham AL home of your dreams. But do you really know just what do they do for you?
Real Estate Consultant
The first person that you’ll probably become involved with when you begin your search for a home is the Real Estate Consultant. This term includes real estate agents, sales persons, brokers, Birmingham Realtors, Listing agents, and Buyer’s agents, all of whom must be licensed to serve you. The agents and sales persons work for a broker.
Those licensed to sell may represent either buyers or sellers. However, the listing agents typically represent only sellers and buyer’s agents represent only the buyers – so as to avoid potential conflicts of interest. Only those that are members of the National Association of Realtors may use the designation “Realtor”.
Also, if you are not sure where you want to live check out our Birmingham Alabama real estate communities reports, or go ahead and Search all the Birmingham AL Homes For Sale.
Lender
The person that you work with to get your loan is generically called a Lender. This person may also be a Birmingham mortgage loan officer, banker, or broker. The job of the lender is to take your application for a loan, and verify your income, employment and credit history.
Click here, if you would like someone to help to get your Birmingham Mortgage Approval.
Attorney
There may be several Attorneys involved in the purchase of a home, one for the seller, one for you the buyer, and one for the title insurance company. The role of YOUR attorney is to make sure that you avoid any pitfalls in your purchase contract.
Title Company
The Title Company can act as the escrow agent (and hold your deposit), examines the title, insures the title, and issues a title report – verifying that you can become the rightful owner of the property.
Appraiser
The Appraiser, who is usually state-certified, is frequently involved in the pricing of the home, before you even begin your search. They examine the appearance, condition, size, and quality of the home – then estimate your Birmingham AL home’s value based on other sales in the neighborhood or area.
Surveyor
The Surveyor checks the boundaries of the property to ensure that the home is ONLY on it’s property – and the ONLY home on it’s property.
Home Inspector
The Home Inspector checks the working condition of electrical, mechanical, structural, and plumbing systems in the home.
Pest Control Operator
Lenders require that you have the home checked for wood-destroying pests – termites and ants are the typical villains. These professionals poke around the attic, basement, walls, and grounds to ensure that these pests aren’t squatters in your dream home.
Looking to Buy Birmingham Alabama Real Estate?
If you want to buy a home in the Birmingham Alabama area- we’ve made it fast and easy for you to search all the Birmingham Alabama homes for sale . Search just like the best Birmingham AL Realtors and see all the properties being sold by all Birmingham Alabama Real Estate agents.
Enjoy our fully customizable property search of the complete Birmingham Alabama MLS (multiple listing service) of single family homes, condos, and town houses. We specialize in helping you buy a Birmingham Alabama real estate bargain. (foreclosures and bank owned homes)
Specializing in Selling Birmingham AL Homes
The first thing home sellers need to know is “What’s my Birmingham AL home worth right NOW?” and what are Birmingham home prices doing by neighborhood. Our experience shows it all depends on where YOU live. Please ask for a FREE Comparable Market Analysis Report – CMA on your home so you can see what is actually happening in your neighborhood! No obligation, of course.
Experience shows that to sell a home in Birmingham AL today requires more than just putting a sign in the yard or putting the property information in the MLS.
Successful home sellers have found they need the advice of skilled Real Estate consultants like us, who have:
- strong negotiating skills to get your home sold quickly for the most money even in this real estate market,
- a strong internet marketing plan like our Smart Home Selling Plan. In fact, we may already have a buyer for your property because we understand that over 84% of home buyers today are finding their next house on the internet which is why when you use our plan we make sure they are seeing your home first and we also have a
- deep understanding of what’s really happening with home values in your real estate market ( Birmingham Real Estate Market Reports by area).
We have helped many families sell their Birmingham homes, quickly and painlessly even in this difficult housing market. In fact, we may already have a buyer for your property because we understand that over 84% of home buyers today are finding their next house on the internet which is why when you use our Smart Home Selling Plan we make sure they are seeing your home first.
Call us to schedule your FREE private real estate consultation to fully understand your home selling options (no pressure no hassles – guaranteed).
Whether you are buying or selling Birmingham AL homes | Hoover homes | Vestavia homes | Mountain Brook Homes | Pelham Homes |Helena Homes | Trussville Homes |Homewood Homes – we can help!
Call me today at – 205-383-3358.
Jason Secor - Birmingham Alabama Realtor
Jason,
I am an appraiser in the Birmingham market. Something that has started happening lately with the introduction of Appraisal Management Companies (AMC’s)is that appraisers from out of town are doing the appraisal. Thats ok if you know the market but a lot do not. The AMC the bank uses is getting the cheapest appraisal they can and sometimes those appraisers are from out of town. My suggestion is that everyone insist on the appraiser being local so they know the market. If an appraiser calls you up to set up an appointment, ask him/her where they are from and how much work they do in this market. You can insist the lender use a local appraiser. This situation is causing problems in selling homes and the loan closings. Great post by the way.