Your Own American Dream: Buying A Home! MABA Massachusetts RealEstate FirstTimeHomeBuyers

The American Dream, as we know it, has always been associated with the proud homeownership. Who hasn’t been dreaming of a nice looking house, at least two cars parked outside, a white picket fence, and above all the perfectly mowed lawn – right? Well, the things have changed a lot. The economic crisis teamed up with the technological progress have given us a completely different perspective. We’re reexamining and reinventing the American Dream. The traditional home ownership concept included, as well. Do you have to own a home to accomplish your American Dream?

The math for money-makers is quite simple. If you want to make money, you have to stay liquid all the time. You can’t afford to invest hundreds of thousands of dollars in a new house, if you want to play this game. You need to buy, fix, increase the value, sell, and then buy again. This is how it works. On the other hand, nothing can match the feeling of the proud homeownership. It’s up to you to decide which matters more to you and your loved ones.

Once you decide to put down your roots, you are stuck for real. Your thoughts will be occupied with your mortgage, a regular job, where should your…………

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FIRST TIME HOMEBUYERS

Who Pays the Home Buyer's Agent?

Both seller's agent fees and buyer agent's fees are part of a typical real estate transaction and are included in the final negotiated purchase price of the property. There should be no additional fees to the buyer for a buyer's agent above and beyond the negotiated purchase price of a home unless specifically agreed in writing between the buyer and agent before an offer is made.

In most cases, the seller's agent pays the buyer's agent for bringing the buyer, negotiating the purchase price and terms, writing a legally correct offer, coordinating inspections, responses, and financing plus handling numerous additional details on the buyer's side of the transaction.

Buyers should avoid contacting seller's agents and sellers directly unless they are comfortable negotiating and representing themselves. That is why it is important for buyers to choose their agents BEFORE they begin looking at homes or as soon as possible if they have begun looking.

Did you know that fewer than one percent of the agents and brokers in Massachusetts have committed to being 100% loyal to their buyers 100% of the time?

To learn more about the pros and cons of various types of buyer agents, or to get a list of experienced local 100% loyal buyer's agents to interview without obligation, click the button below.

 Find a Great Buyer Agent!