Welcome OUR HOLMES BUYER'S !

Holmes Buyers !

Should You Buy a Home on Your Own or Use an Agent?

Many buyers ask if they can buy a house on their own or if they need an Agent. The answer is yes, you can do it yourself. There's no law that prevents you from buying property without a  professional Real Estate service. You can search for homes, call the sellers and arrange showings, and even negotiate pricing etc. Some municipalities require you to pay an Attorney to draw up the actual sales contract). The real question is "do you really want to do this on you own?"There are misconceptions among many first time home buyers. Some buyers believe if they use an Agent, they will have to pay a commission. The commission for the sale of a home is paid by the seller, not the buyer. If you went to your department store and bought a new television, you wouldn't expect to pay a commission to the salesperson after you bought the TV. The same applies when you buy a house--it is the seller of the item that pays to have it sold- not the buyer. In fact, if you are required to pay an Attorney to draw up a sales contract, you may actually have to pay more out of pocket expenses.If you do decide to go on your own, your choices will be limited. The only homes that you can buy without any Agent involved are those that are "For Sale By Owner" (FSBO)--  FSBO are sellers who have decided not to use an Agent to sell their home or property. Some sellers may think they can make more money by not paying a commission or by finding an inexperienced buyer that will pay more for their over priced home. Some sellers choice not to hire an agent to avoid disclosing potential issues with the home.  If the home is listed with an Agent all issues will have to be disclosed. As a "do-it-yourself" home buyer, you need to determine if the home is worth the asking price.  Are you willing to make a "gut" feeling decision with all that money? If not, you will need to either secure an independent appraisal to determine a realistic price range for the property or develop your own determination of the value.

Down Payment Programs

We work with various programs that allow our  buyer's to put a minimum amount of money down, sometimes as little as $1500 is all you need to move into a your new home today. We know how to negotiate and structure  offers to allow buyers to maximize their proceeds. Typically we tried to locate a home that will yield them a mortgage payment equal to or less than paying rent.  Work with our team and Buy a home less than paying rent. The average rent for a two bedroom apartment is $1175 of more.  You can invest your money into a mortgage payment for this amount of money.   

Close the deal

 If You Have any Questions: Call(919)422-7630 or email me at tholm242@bellsouth.net for a free In-Home Presentation on the services we provide in helping you find a home. There is absolutely no obligation so don't let this opportunity pass you.
Buying a Home Requires Many Difficult Decisions. Make Sure Your REALTORS® are Top Local Experts.
Homes-by-Holmes and Tanisha is an experts on the local market of Franklinton, Raleigh and surrounding areas. We  will provide you with local informations on schools, neighborhoods, economy, and more.

We will guide you through the entire process, from viewing homes to financing, and making sure the final contract is in your best interest:  Remember, all home informations are available to Homes-by-Holmes even if  Homes-by-Holmes is not the listing agent.


FOOTNOTE: The sellers' Agent or Onsite Agent works for the Builder or Seller and not For You. 

Things you need to know:

What is the true market value? Is the price too high? Is this a bargain you should jump on? We help home buyers make decisions like this every day, and we will make sure YOU get the best value for your money. - Negotiating with sellers can be stressful. We will help you negotiate, so that the final contract includes your best possible terms and conditions. - You should know absolutely everything about the property you are buying! We will view every home that you are interested in. Prior to closing you will be aware of any and all inspections. -You will  have confidence when signing documents. Contracts are full of complicated terms and clauses that can greatly affect your future life in your new home. We will give you the full benefit of our real estate knowledge and experience. 

So often Buyer's SIGN a contract and realize later,that they need the expertise of an Agent:

Things you will need before making an offer :

You will need an earnest money check to accompany the Offer to Purchase.This may be in the form of a personal check, or in some cases a certified check. A minimum of 1% of the sales price is deemed adequate in most cases.When a written Offer is presented to the seller, the seller has three choices:1. The seller will accept your offer. ( This very seldom happens)2. Your offer can be rejected. ( Most cases if this a low ball offer) 3. The seller can make a counter offer.  Negotiations after the initial written offer are normally conducted verbally until an agreement is reached. When the seller accepts your offer, or you accept the counteroffer, all terms will be in writing. When the contract is signed by all parties the offer becomes a legal binding contract. Your earnest money will be deposited in the listing broker’s trust account and will be held until closing. It is important to remember that if you make a low offer on a new home and the offer is rejected or countered, another prospective buyer may submit an offer that may be accepted by the seller before you have the opportunity to submit another offer or accept the seller’s counter offer.