​I'm sure you have scoured properties online and by now you are ready to get started purchasing your home! At Gil Estate Realty, I love helping buyers find a new home that you are excited about living in or for a long-term investment. Buying a property can evoke a mix of emotions, but I’m here to guide you through every step of the process. Let's talk about what you are looking for and get started!

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Please review the new rules for home buyers below as written by NAR:

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• First, written buyer agreements are now required and must meet certain criteria. Buyers and their agents will need to reach an agreement regarding how the agent will be compensated for their services and put it in writing prior to touring a home. More details on those agreements are below.

• Second, offers of compensation (when a seller or a seller’s agent shares compensation with a buyer’s agent) can no longer be shared on Multiple Listing Services (MLS). MLSs are local marketplaces used by both buyer and seller agents to share information about homes for sale. Offers of compensation are still an option but must be communicated off-MLS if a seller chooses to make an offer available.

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​Additional Information...

• Homebuyers can still accept concessions from sellers, such as offers to pay closing costs.

• The Department of Veterans Affairs (VA) has temporarily lifted its ban on buyers paying for real estate agent representation. This gives veteran buyers more options to have professional access to representation in their homebuying process.

• Real estate commissions cannot be financed, so buyers need to have cash to pay these fees.

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​​Loan Assistance

Should you require a mortgage loan, I can refer you to helpful lenders, if you don’t already have one. In order to have a smooth search experience for your new home, you must have a Qualification Letter in hand from your chosen lender in advance.