Page 52 - the latest homebuying guide

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In addition to the qualities that you look for in a mortgage broker,
your realtor must also be certified, have a very good knowledge of
the industry, patience to ensure that you get the home of your
choice, have a thorough understanding of the local real estate
market, and the skill to negotiate. Here are some questions to ask
your realtor before putting him/her on your team:

1. What is your experience with residential real estate?

2. How many buyers did you work with last year?

3. What type of qualifications, certifications or designations
do you have?

4. Do you normally work with buyers and sellers in a transac-
tion?

5. What is your average difference between your initial offers
and your final selling price?

6. Why should I include you on my team?

Real estate attorney (optional)
In some states it is mandatory to have a real estate attorney
present at the closing. These include: Alabama, Connecticut,
Delaware, District of Columbia, Florida, Georgia, Kansas, Kentucky,
Maine, Maryland, Massachusetts, Mississippi, New Hampshire,
New Jersey, New York, North Dakota, Pennsylvania, Rhode Island,
South Carolina, Vermont, Virginia, and West Virginia. These attor-
neys only represent the lender though. You will need to hire an
attorney for yourself, if you think you need one.

Home inspector
This person inspects the structure and mechanical systems of the

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