Good luck. If you need help, call.
Ask yourself what level of comfort you have with the transaction. Is the Seller someone you know and trust and will work with you to resolve problems or delays in the transaction? Have you experience in writing a contract that will cover all the contingencies that can come up in the transaction? Have you been pre-qualified with a local lender that knows the Flagstaff Market?
Today's real estate transaction is not always handled best by parties that may be inexperienced in the mechanics of closing a real estate transaction. The title company will ask you to sign a waiver that they did not negotiate the terms. The attorney may not be experienced in handling financing problems. The Realtor makes their living by actually closing the transaction. They will want to be paid. Who will pay them and how much to pay need to be negotiated. It is not a simple answer.
You probably will be very well served if you find a good Realtor to help you with the real estate transaction - a realtor could provide you with various ideas how to structure the transaction, arrange financing, disclosures, inspections, request for repairs, walk-through etc. Would the Seller be doing a Seller carryback, or are you buying cash, or maybe financing - conventional, FHA, VA loan? Many times the Sellers agree to have a Buyer be represented by a Realtor, without this changing the purchase price for you.
Please call me if you would like a more in-depth conversation, or have specific form.
Steffy Hristova, MBA, SFR, RealtorÂ®
Tel: (480) 966-9353 Fax: (602) 507-3703
3131 E. Camelback Rd. #125
Phoenix AZ 85016
A Realtor can do things an attorney will not (arrange inspections; meet different professional at the property, as needed, etc)
Was this answer helpful? If so please click on the "green thumbs up" or the "best answer". Thank YOU!
Meir Aloni & Team
CRS (Certified Residential Specialist)
CDPE (Certified Distressed Property Expert)
RECS (Real Estate Cyberspace Society)
Successfully selling Broward County since 1986!
Direct phone# 954-338-5220 http://www.WeSellBroward.com