Many first time home buyers wonder, "What does it cost to have a buyer's agent?" In many situations, the seller will pay the commission for the buyer's agent, which means that most buyers can receive professional advice, help negotiating, expert guidance on their home search, and an advocate for FREE.
However, there are certain things that the buyer can do that risk having the seller refuse to pay the buyer's agent's commission. In this episode, I'm going to help you understand who pays for a REALTOR to represent the buyer and how to avoid having to pay the commission out of your pocket.
if you will be buying a home with less than 20% down, you'll want to understand mortgage insurance; what it is and why you'll need it. Mortgage insurance protects the buyer and their lender in the even of a default or the buyer has to give the house back to the lender. In this episode, Greg Gale and I discuss what mortgage insurance is and Greg helps provide understanding as to why you need it, what mortgage insurance actually is.
📺 Want to learn more? Check out my playlist How To Prepare To Buy A House. https://www.youtube.com/playlist?list=PLfINoTnqEsm…
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🎙️ You can find my Arizona First Time Home Buyer Podcast on your favorite podcast app, or give it a listen at https://www.spreaker.com/show/the-arizona-first-ti…
💰 Find out how you may qualify to receive up to $16,588 in down payment assistance in Arizona by visiting my website at www.yourfirsthomeaz.com
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