Buying a Home with the Help of a Realtor

When it comes to buying a home, many people think they can handle the process on their own. However, working with a Realtor can greatly benefit the home buying process and ultimately help you find the perfect home.

First and foremost, Realtors have access to a vast network of resources and information that the average person may not have. They can provide you with access to listings that are not yet on the market, as well as provide information on properties that may have recently sold. This is particularly important in today's fast-paced and competitive real estate market where properties are selling quickly and it's essential to have an edge over other buyers. Additionally, they have knowledge of the local real estate market and can provide insight on the best neighborhoods and communities to look in. They are familiar with the local schools, transportation, and other amenities that are important to buyers.

Realtors also have the skills and expertise to negotiate the best deal possible for you. They can help you determine the right offer price, and can also assist in drafting and reviewing the purchase agreement. They can also help you with the home inspection process, and can advise you on any repairs that may need to be made before closing. They know the market, they know the process, and they know how to negotiate. They are trained professionals who are familiar with the legal and financial aspects of buying a home and can help you understand the process better.

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

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The lenders whose rates and other terms appear on this chart are ICB's advertising partners. They provide their rate information to our data partner RateUpdate.com. Unless adjusted by the consumer, advertisers are sorted by APR from lowest to highest. For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart. Advertising partners may not pay to improve the frequency priority or prominence of their display. The interest rates, annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind. Any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Although our data partner RateUpdate.com collects the information from the financial institutions themselves, the accuracy of the data cannot be guaranteed. Rates may change without notice and can change intraday. Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders. Please verify the rates and offers before applying for a loan with the financial institution themselves. No rate is binding until locked by a lender.

Lender

APR / Rate

Fees / Points

Payment

NMLS #2326098

License: 60DBO-181478

5.077%

15-Year Fixed

4.875%

$5,533

Includes 0.895 points for $3,580

Lender Fees: $1,953

$3,138 /mo

Next >

NMLS #1835285

5.204%

15-Year Fixed

4.990%

$5,660

Includes 0.915 points for $3,660

Lender Fees: $2,000

$3,162 /mo

Next >

NMLS #1025894

5.545%

15-Year Fixed

5.375%

$4,448

Includes 0.937 points for $3,748

Lender Fees: $700

$3,242 /mo

Next >

NMLS #3030

5.886%

15-Year Fixed

5.750%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,322 /mo

Next >

NMLS #401822

5.962%

15-Year Fixed

5.750%

$5,500

Includes 0.375 points for $1,500

Lender Fees: $4,000

$3,322 /mo

Next >

NMLS #1835285

6.013%

30-Year Fixed

5.875%

$6,000

Includes 1.000 points for $4,000

Lender Fees: $2,000

$2,367 /mo

Next >

NMLS #401822

6.048%

30-Year Fixed

5.875%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$2,367 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.105%

30-Year Fixed

5.990%

$5,125

Includes 0.793 points for $3,172

Lender Fees: $1,953

$2,396 /mo

Next >

NMLS #1025894

6.231%

30-Year Fixed

6.125%

$4,544

Includes 0.961 points for $3,844

Lender Fees: $700

$2,431 /mo

Next >

NMLS #3030

6.722%

30-Year Fixed

6.625%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,562 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.761%

5-Year ARM

6.625%

$5,829

Includes 0.969 points for $3,876

Lender Fees: $1,953

$2,562 /mo

Next >

NMLS #1835285

7.011%

5-Year ARM

6.875%

$5,560

Includes 0.890 points for $3,560

Lender Fees: $2,000

$2,628 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

Working with a Realtor also saves you time and energy. Realtors do all the legwork for you, from scheduling viewings to handling paperwork. They also have a team of professionals such as home inspectors, mortgage brokers, and lawyers to help you with the buying process. They handle all the communication with the seller's agent, schedule inspections and appraisals, and make sure that all deadlines are met. This allows you to focus on finding the right home for you and your family.

Furthermore, Realtors can also provide valuable advice on the overall home buying process. They can help you understand the mortgage process, home insurance, and even provide tips on how to stage your new home. They can also guide you through the closing process and make sure that everything is in order. They can also provide you with a list of reputable mortgage brokers with the lowest mortgage rates and lawyers who can help you with the financing and closing process.

In today's fast-paced and competitive real estate market, it's essential to have an experienced professional on your side. Realtors have the knowledge and expertise to help you navigate the complexities of buying or selling a home. They can help you find the perfect home, negotiate the best deal, and help you avoid common pitfalls that can arise during the process.

In conclusion, working with a Realtor is an essential step in the home buying process. They can help you find the perfect home, navigate the legal and financial aspects, and provide valuable advice throughout the entire process. A good Realtor can save you time, money and help you avoid common mistakes. They can help you find the home of your dreams and make the process as stress-free as possible. So, if you're planning on buying a home, don't hesitate to reach out to a Realtor for guidance and assistance. With their knowledge, expertise, and resources, they can help you find the perfect home in the perfect neighborhood, and make sure that you get the best deal possible.