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Part Four

occasionally, they might have knowledge of a home or two where the owners have not absolutely decided to sell but are considering it. In addition, you might see open house signs or other signs on homes that appeal to you. A word of caution: You have selected a Realtor® and the two of you have an agreement to work together. So, when you see a sign on a house for sale, do not call on the sign. Call your Realtor® instead and ask them to do the research, let you know the details, and set a showing if appropriate. Also, ask them how you should handle yourself in open houses. Keep in mind that the listing broker sitting at the open house, or responding to your telephone inquiry from their sign, is usually representing the seller, and they would like nothing more than to keep a buyer’s broker from getting a commission by claiming you as “their” buyer. The homes selected by your Realtor® should generally encompass your stated parameters, including price range, number of bedrooms and baths, general size, garage, and other physical attributes of a home. They will be in your preferred neighborhoods or communities, school districts, and have other characteristics you have indicated are important. As you look, you may find you cannot put all the things you want together in one package. You can get the home you want, but not in the right school district or neighborhood and so on. You may have to refine your search several times. If you stick to the price parameters established between you, your lender, and your Realtor®, then you will probably have to give up some of your preferences. If you are unwilling to give anything up, then you will have to take another look at financing—bringing in a family member to cosign, working with a partner, or looking for properties in which the seller will carry all or part of the financing. Please realize you will most likely not be buying your dream home, particularly if this is your first home. Think of it as one step toward that dream home, and listen to 94

Profile for Linda DeVlieg Real Estate

How to Make Your REALTOR Get You the Best Deal - Albuquerque, New Mexico edition  

A guide through the real estate purchasing process - co-authored by Linda DeVlieg and Ken Deshaies

How to Make Your REALTOR Get You the Best Deal - Albuquerque, New Mexico edition  

A guide through the real estate purchasing process - co-authored by Linda DeVlieg and Ken Deshaies

Profile for lindadev