5 Tips for Buyers

Even if you're not planning to buy right now, these tips will help to demystify the real estate process.

Your First Offer Sends a Message

An initial offer that's too low may cause the seller to first back with a higher price or not respond. Also, note that haggling sellers down to the lowest price may make them less likely to cover repairs. 

Check Your Inspections

Even if the seller has had a pre-listing inspection, you still have the option to set up a home inspection to catch anything they may have missed.

The Title May Come with Baggage

You'll need to use a title company or attorney to run a "title search" on your prospective home. This same company will coordinate with your attorney and facilitate your home's settlement in Maryland. This checks for issues like back taxes, liens, etc...that might affect the transactions. And, it ensures that anything missed is covered!

Account for Closing Costs

Be sure to budget for these out-of-pocket expenses typically shared by buyers and sellers during closing. For example, buyers usually pay three to four percent of the home price.

Rely on Your Real Estate Professional

You're not in this alone! Your real estate professional is available to get you a good deal and make the process as smooth and enjoyable as possible.