As
a homebuyer, you will be asked to secure your pre-approval application by your
realtor from your mortgage lender or a bank. In this pre-approval letter, it is
duly mentioned that your mortgage loan to own Ajax home has been
approved from the lender or bank. In order to get qualified, you have to submit
your account statement, proof of income, savings account details and a credit
report to show your efficiency to buy a house. Letters of pre-approval are said
to be more reliable as compared to the pre-qualification letter. This is so
because you can easily secure your pre-qualification letter by phone and print
it out from a website.
Although
you need time and put a significant effort to acquire pre-approval letter, you
can get tremendous rewards from it as a homebuyer. Since you look more
dedicated for this investment by having pre-approved letter, you can actually
motivate your agent to put more effort in searching for home because this is
the best opportunity for the one to get commission. In addition, you will also
motivate seller’s agent to put more time for that deal.
Although
every estate agent are allowed to access MLS Listings, only experienced buyer’s
agent can explore the entire database in a way to find the best suited property
according to the budget of buyer. They also have proper knowhow in reading
subtle language in the real estate listing. If a property is described as
“newer roof”, it must be replaced about a decade ago. On the other side, the
code word of “charming” home means some sort of fixer-upper. By understanding
these codes, an experienced buyer’s agent is capable enough to narrow these
listings down. Hence, a buyer gets best fits for them. This way, a buyer’s
agent can easily arrange for showing of homes by calling to seller’s agents.
When
it comes for showings, the main role of a realtor starts for the buyer. It is a
general tendency of a homebuyer to fall in love of any property only because of
huge kitchen or magnificent view from the bedroom. At the same time, they are
more likely to miss out leaky roof or lousy plumbing in the property. This way,
a realtor gives the close insight of Ajax
homes for sale. He gives entire description about the neighborhood,
property taxes, repair costs and the school system in locality. They also
provide other details that are necessary to know.
Visit markten-pow.ca to know more about Ajax homes and Ajax homes for sale.
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