As top producing agents, we are consistently communicating in real estate jargon: "turnkey," "large E-2 plan," or "pre-qualifying."
Often, we forget what it's like to be a first-time home buyer. Or a second-time home buyer. Or a third-time. Regardless, purchasing a home can be an scary step for many because of unclear terminology and processes.
Real estate expert, managing partner at Summit & Crowne and Forbes' contributor Abhi Golhar says many potential home buyers may hold off purchasing real estate due to the intimidating process.
To help ease the process, he answers eight frequently-asked questions by potential home buyers in this great article:
- Am I ready to be a homeowner?
- Is renting or buying better?
- What is the lender's formula?
- What should I look for in homes?
- What should I offer?
- Do I need home warranty?
- What is pre-qualifying versus pre-approval?
- What should I expect at closing?
Check out the article on Forbes for his helpful responses and share with your clients to clarify some intimidating topics.