Buying a house is a major investment for you and your family. It also comes with a mix of emotions, including excitement and anxiety. To ensure that the entire process is smooth and that it ends well, you need to know what to expect and work with the right people. That way, you will get rid of any unwanted surprises that could end up costing you lots of money.
Every state has its own legal requirements that govern the home buying process. If you are planning to buy a house in North Carolina, you need to be aware of what to expect. The following post offers advice for first-timers:
The Buying Process for North Carolina First-Time Homebuyers
So, you want to buy a house in Western North Carolina—now what? The first time buying a home is an emotional, exciting, and also exhausting experience. You may also be wondering along the way—what am I missing? This is a common question. Here’s how the buying process works from start to finish:
Do some preliminary online searching. Check into what homes are selling for in the areas you’re interested in to give you an idea of what you’re looking for. This will help later on when communicating your wish list with your real estate agent.
Budget. Use an online mortgage calculator to determine what your monthly mortgage payment would be if you were to purchase one of these homes you’ve found online. Make some additional estimates for utilities and see if this fits into your budget. Fannie Mae recommends buyers plan to spend less than 28% of their total income on housing. Read more at Carolina Flat Fee Realty…
Once you get yourself prepared, you can start the process and realistically set your expectations.
Since home buying entails the transfer of property, you need an expert to take care of the legal issues. What’s the best option – an agent or attorney? The following post discusses this in detail:
Buying or Selling Your House With an Attorney Instead of an Agent
For many people, buying or selling a house is one of the most significant transactions of their life, and it stands to reason that you’d want to turn to a professional rather than navigating the process on your own. If you’re purchasing a new home or considering selling your house, your first inclination might be to enlist the help of a real estate agent. But while buying and selling agents can be a good option, you may be surprised to learn that a real estate attorney might actually be the best option. Read more at Farah Legal…
Working with an attorney instead of an agent may be more rewarding than you think, and there are many successful cases of this.
Need more convincing? The following post provides a comprehensive outline of the benefits of hiring a real estate attorney, and what he or she will do for you:
Why You Need An Attorney When Buying or Selling A Home
Buying or selling a home can be a complicated venture. Laws and requirements have changed significantly over the last several years and most people can benefit from hiring professionals to help them through the process. Hiring a Realtor will allow you to access local market knowledge that can be invaluable in your buying or selling process. Likewise, hiring a home inspector or radon inspector can give you knowledge about the property condition and peace of mind that comes from professional inspectors. Mortgage lenders and appraisers also lend their expertise to the transaction. Most people never question their need for these professionals when engaging in a real estate transaction, but what about hiring an attorney? Do you really need an attorney when you have all these professionals involved already?
The answer is YES! None of the other professionals we have already discussed can replace the expertise of an attorney. Your attorney is the only person that can give you legal advice. Read more at Choice Realty…
You stand to gain a lot when you work with a real estate attorney. All the legal loopholes will be sealed before they cause you unnecessary losses.
Make Jonathan Meek your real estate attorney of choice if you are looking to purchase a home in North Carolina. He will work vigorously to ensure that your homebuying experience is easy and stress-free. By relying on his expert legal advice, you can avoid the pitfalls that many new buyers fall victim to. Call Meek Law Firm South today at 704-800-5901 or use the contact form on the website to get in touch.