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About Appraisals >Best Interests of the Buyer
Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent. In this case, known as "dual agent representation," the real estate agent assists both the sellers and the buyers. However, it is also possible for the buyers to ask another realtor to represent their interests exclusively, acting as the "buyer's agent," a service which is available at no additional cost to the homebuyer.
Any licensed real estate agent can act as your buyer's agent, helping you to locate and look at properties in your price range. However, if that real estate agent works for the same brokerage that is listing a particular property, dual agency or designated agent rules will then apply. The buyer's agent will advise the buyer if issues arise such as termite damage or significant material defects appearing on the home inspection report. If the home appraisal comes in at less than the asking price, the agent will represent the buyer's interest, working with the seller and the lender to negotiate a satisfactory resolution.
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What are the three most common environmental toxins for which homes are tested?
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Mold, asbestos, and lead are tested by specialized inspectors as a regular part of many real estate contracts. |
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Karen Anne Stone RE/MAX Trinity 1600 W. 7th St, # 146 Fort Worth, TX 76107 Direct: (817) 929-3400 Cell: (817) 929-1964 Fax: (817) 571-6890 Email: KarenAnneStone@gmail.com
Karen Anne Stone has over twenty years of experience as both a Broker and a Realtor in the residential re-sale market, and also in New Home Sales... having previously worked for several of the area's top new home builders.
A former junior high school teacher, Karen uses her unique abilities to assist both Buyers and Sellers with their Real Estate needs. Karen cannot do the impossible, but her clients have occasionally said that at times... she comes pretty close. Please contact Karen for help with all of your Real Estate needs.
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