Buyers often have a lot of questions when making decisions on purchasing a home, whether they are first time or repeat buyers. As Realtors we often find ourselves answering questions that fall outside our expertise because one or more of our transaction partners may be too busy take our client call or the clients feels more comfortable with their Realtor and feel as if they can ask them and get an answer they understand, often intimidated by the language and terms of transaction partner.
Let's pretend to be a buyer and play Twenty Questions (really 6).Tell me which is the right person in a transaction of buying a house should answer the question. Get as many as you can right and you may win the house of your dreams, but call your Realtor! LOL!!!!
- I have been preapproved, but the house I really want to put an offer on is a little outside my budget, who do I call? A. Realtor B. Loan Officer C. Mom and Dad
- How much money will I have to bring to the closing table after all credits have been applied?
A. Realtor B.Loan Officer C. Attorney
- I need to know who is responsible for the repairs needed after my home inspection, who do I call? A. The Seller B. Realtor C. Attorney
- I want to buy a house but I am not sure what my credit score needs to be, but I found a house I really like and want to view it, who do I call? A. Realtor B. Seller C. Loan Officer
- The property taxes are very high and I noticed the other taxes on homes similar are lower, who can tell me how to get the taxes adjusted, if they can be? A. Realtor B. Tax Attorney C. Assessor Office
- My Loan Officer has sent me documents to sign to get approved for a loan, but I don't understand them, who do I call? A. Realtor B. Attorney C. Loan Officer
The answer key is as follows: 1.B 2.C 3.C 4.C 5.B 6.C Congratulations if you got them all right, if you only got one or two correct, call your Realtor!