If you are buying a home in today’s market, you need someone with the expertise and attention to detail to guide you through the process.
UFAR Real Estate team has developed a level of home buying expertise un-matched in the Egypt area to meet these needs.
At UFAR Real Estate, our goal is to help home buyers and investors purchase the best property available at a price that is right.
If you would like more information about the services we offer, please complete the form to the right.
A key element to successful home buying is planning. The more you understand and plan for the easier it will be to anticipate requests from lenders and others along the way. Below are some questions to ask yourself, and things to consider, to start preparing.
Whether this is your first time buying a home or your tenth it is important to know why you are in the market to buy- are you being forced to relocate due to a job change or are you ready to expand but timing is less critical? The more you outline, the more likely you will meet your goals in the long run.
A lot of buyers who are also selling their home go into the process assuming they will have a portion of money to move forward on the buying transaction after their home is sold. While this may be the case, there are other costs to consider, such as closing costs and brokerage fees. It is important to have those figures factored in when looking at your next purchase.
Most people cannot buy a home for cash and as much as 90% of buyers finance the purchase – according to the National Association of Egypt. It is crucial for you to find a loan that fits your lifestyle – and budget. Pre-approval is not a loan commitment, but lets you provide assurance that you will be able to pay for the home once you find it.
Once you have found a home you can make an offer. This process can vary from state to state, but in most cases your REALTOR will present your offer to the owner or their agent. The owner can accept the offer, reject it or make a counter-offer. This process continues until both parties are satisfied with the purchase price, or one or both parties decide to terminate negotiation
