What you need to know. When you need to know it.

As a BUYER'S AGENT I owe fiduciary duties to the YOU - the BUYER!

I represent YOU - it's my fiduciary duty to look after your interests. A buyer’s agent is engaged by a buyer to represent the buyer’s interests by negotiating the purchase at a price and on terms acceptable to the buyer. 

How I do this through: 

🔘 Exercising reasonable skill and care

🔘 Dealing honestly and fairly

🔘 Disclosing all facts materially affecting the party’s ability and/or willingness to perform

To see the full details refer to the NYS Agency Form (link below) which we will use when we begin our search and each time we make an offer on a home. 

BEFORE we can tour homes lender pre-qualification is a MUST to know how this fits into your financial life and it will also be a key component of our search strategy. 

Our business relationship together must be defined and understood as demonstrated through our BUYER AGENCY Agreement which is not only good business practice but also the law. 

See here the forms we will use at the beginning of our work together.

Get up to speed on the details on everything! So much has changed. 

FANNIE MAE - FREDDIE MAC - FHA - Appraisal -

Assessment - Value - Insurance Value - Contingencies 

So many FORMS...

They are necessary to ensure an equal and fair process with no funny stuff!  Several are New York State forms to ensure compliance with laws and some are local Greater Rochester Association of REALTORS® transaction forms - we are not recreating the wheel here, we rely on high quality documents prepared hand in hand with the real estate practitioner and real estate legal communities. Good Stuff.

A LOT happens between contracting and closing. Much of it you won't see but lots of people are working hard behind the scenes to get you into your home - ME! - and attorneys, paralegals, mortgage processors, surveyors, appraisers. 

The DATE of closing on your contract is a target and closing typically occurs within two business days of that date if there are no significant delays. Your real estate attorney will set the closing date and time.

You, your attorney, the seller's attorney will be there. If you are financing then your bank's attorney will also be there. I will not be present as there is no direct role for me, I will be available "on-call".

And YES - that is when you will get the KEYS!

Because the more you know the better consumer you are...

See my regular BLOG posts on this site to stay informed on local housing