Home Buying: Who Does What?

A home purchase is one of the largest financial transactions you will probably make in your lifetime. It's important to make the right decisions and work with the right people. It can be confusing knowing who does what during your home buying process. However, with assistance from your real estate agent, loan officer, and your own research, you will be set to have an efficient, pleasant, and rewarding experience. Here's a look at who does what throughout your home purchase process.

Count on Your Real Estate Agent to:

  • Preview available homes and weed out those not within your budget or style.
  • Present homes that suit your needs and wants as you've defined them for your agent.
  • Help you determine the difference between a "good buy," and a property which, because of its nature (neighborhood, market appeal, etc.), might lose value if you decided to sell in the future.
  • Negotiate the best deal for you. With a pre-qualification letter in hand, like one from CorTrust Mortgage, your real estate agent will be able to demonstrate that you are a qualified and capable borrower.

Count on Your CorTrust Mortgage Loan Officer to:

  • Assist you in selecting the best loan to meet your personal situation and goals. This single decision can save you thousands of dollars throughout the years.
  • Keep you informed of your home loan status throughout the entire home buying process.
  • Keep your real estate agent informed of your loan progress, while keeping your personal information confidential.
  • Get the appropriate home loan for you at the best rates and fees. This will save you significant money "up front," and throughout the years to come.

Count on Yourself to:

  • Keep your real estate agent informed of any questions or concerns as they develop.
  • Keep the home buying process moving by providing documentation and decisions as soon as reasonably possible. By doing so, many of the details are taken care of early in the process so you can comfortably concentrate on any last-minute details or events that require your attention.
  • Enjoy purchasing your home, but always remain objective to make the best decisions for you.
  • Make sure you are pre-approved for a home as early as possible. This will put the power of financing behind you so you can focus on selecting your home.

By holding yourself accountable throughout the home buying process, and working with your real estate agent and loan officer, you will have a well orchestrated experience.