Once you have decided to join the ranks of homeowners, you need to decide what type of mortgage is right for you. The most conventional choice for home loans is the 30-year mortgage. The 30-year mortgage started to grow in popularity in the 1950s and quickly became the loan of choice. While the 30-year mortgage is still the standard, the 15-year mortgage may be something to consider for new homeowners.
You have found your dream home and you are now speaking with you lender about all of the additional requirements and expenses that you are responsible for. Along with inspections and permits, you find out that you need to pay for title insurance. Many people then start to question if it is actually necessary or is it just an additional fee tucked into your piles of paperwork.
The spring real estate market is generally a busy time for buyers, sellers, real estate agents and lenders. So as not to get lost in the shuffle and miss out on your dream home, prepare for the frenzy and know what to expect… and when to expect it. Preparing yourself ahead of time might make a big difference in whether or not you are able to be the first to make an offer on your dream home, or if you find that someone else has beat you to it.
The short answer to this question is YES, you should.
Though you might feel as if you have enough knowledge about real estate and can find information you need by doing research, there are many reasons to hire your own agent.