BUYERS AGENT
one of the common misunderstandings regarding the process of buying a home is the salesperson that works with the buyer is serving as their agent.
Agency describes a relationship between two parties that will entitle you to the fiduciary client level of services that include: Loyalty, Obedience, Disclosure, Confidentiality, and Accounting in dealings.
As a buyer.s agent, I will represent you and your interests in the purchase of your home. This is different from a typical sub-agency transaction where the buyer is not technically represented.
However, the selling agent has the duty to exercise reasonable skill and care in the performance of the Broker .s duties. This is a duty of honest and fair dealings and a duty to disclose all facts known to the broker, which materially and adversely affect the consideration to be paid for the property.
Agency is a legal relationship and a written agreement should be completed to explain all the duties and responsibilities. I would welcome the opportunity to discuss all of the details of agency and what services I can provide.
I am 100% committed as a buyer.s agent and do not have any listings of any kind. I have the designations of ABR (accredited buyer.s representative) and GRI (graduate real estate institute). Feel free to give me a call at 541-741-9977 for all your real estate needs.
ESTIMATED BUYER’S CLOSING ESTIMATED NON-RECURRING COSTS
Title Insurance ______________________________ ______________
Escrow Fee (none if Fed VA) ____________________ ______________
Legal Fee __________________________________ ______________
Loan Origination Fee (1 %) ______________________ ______________
Mortgage Discounts __________________________ ______________
Appraisal Fee _______________________________ ______________
Tax Service Fee _____________________________ ______________
Recording Fee ______________________________ ______________
Government Service Fee _______________________ ______________
Credit Report _______________________________ ______________
House Inspection ____________________________ ______________
Misc. _____________________________________ ______________
ESTIMATED RECURRING COSTS
Hazard Insurance (14 months) __________________ ______________
Tax Reserve _______________________________ ______________
Prorated Taxes _____________________________ ______________
Prorated Interest to end of Month ______________ ______________
TOTAL COSTS ____________
LESS DOWN PAYMENT ____________
TOTAL ESTIMATED CASH REQUIRED ____________
MONTHLY PAYMENT ESTIMATED
For____Years (Type of Loan). Rate of Interest___% (Approximately).
Principal, Interest & Mortgage Insurance _________ ______________
Tax & Insurance Reserves ____________________ ______________
MONTHLY PAYMENT ____________
The real estate licensee preparing the above estimate and/or his broker, does not warrant its accuracy and assumes no responsibility for any errors or omissions. This transaction will be closed in escrow. Final closing figures are the responsibility of the closing agent
