HOBBS AGENCY can...
Help you determine your buying power -- that is, your financial reserves plus your borrowing capacity. With some basic information about your available savings, income and current debt, we can refer you to lenders best qualified to help you when otherwise your choices may be limited and we can help you in understanding different financing options.
Assist you in your home search.Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.
Assist you in the selection process by providing objective information about each property. We have access to a variety of informational resources. We can provide local community information on utilities, zoning, schools, etc. There are two things you'll want to know. First, will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
Help you negotiate. There are myriad negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or equipment. The purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. We can advise you as to which investigations and inspections are recommended or required.
Provide due diligence during the evaluation of the property. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. We can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports. You will also want to see a preliminary report on the title of the property. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Cooperating with the title company or attorney we can help you resolve issues that might cause problems at a later date.
Guide you through the closing (settlement). The closing process can be intimidating and fraut with surprises. We can help make sure the closing process flows more smoothly.