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Home Buying Tips From HUD
Brevard Real Estate Multi Listing Web Site
Melbourne Area Association of Realtors
Real Estate Sales Professional
Typically, home buyers work with a real estate sales professional to find a home. When looking for a real estate agent, ask your friends and relatives to give you the names of agents they've worked with in the past. Also, check newspaper ads to see if any "Open Houses" interest you, and stop by to talk with the agent showing the house.
Real estate sales professionals may provide specific community information on shopping, schools, property tax rates, and more. They may also suggest lenders to use. When choosing a lender, ask whether the lender uses automated underwriting. Fannie Mae-approved lenders that use Fannie Mae's Desktop Underwriter® may be able to save you time and money.
It is typically the real estate sales professional who presents your offer to purchase a home to the seller. The offer specifies the type of financing you will use to purchase the home. It's important for you to know your mortgage options at the time you make the offer.
You don't usually pay for the real estate sales professional's services. Instead, the seller of the house typically pays -- most often through a commission based on the selling price of the home. Remember that the real estate sales professional works for the seller of the home and represents the seller's interests.
In some parts of the country, you may be able to enlist the help of a buyer's agent to represent you in the transaction. If this interests you, contact various real estate companies and ask if they employ buyer's agents.
source: FannieMae
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