A real estate agent is a REALTOR® when they becomes a member of the NATIONAL ASSOCIATION OF REALTORS®, The Voice for Real Estate®, the most prestigious professional association in the real estate industry worldwide. REALTOR® is a registered trademark that can only be used by professionals who adhere to a strict Code of Ethics. Realtors listing Erie homes for sale are the professionals you can count on to assist you in the process of selling real estate property.

Do you own anything more valuable than the property you want to sell?

Is the property you want to sell the most valuable or one of the most valuable properties you own?

If you answered “YES” the above questions, it means that you are fond to it and will only accept a competent person to sit next to you at the negotiating table and help you to sell it for a fair price. Why choose a Realtor? Because Realtors are professional real estate agents who do their job with passion and dedication, and who will be one hundred percent loyal to you and defend your interests, like a family member.

Why is it important to pay attention to these aspects when dealing with a real estate agent? Because professionals are guided by a Code of Ethics, they respect some principles specific to the professional industry they are part of – and for you this means peace of mind, knowing that your transaction is in good hands.

Erie homes for sale - trusted realtors

Here are some of the principles in the REALTOR® Code of Ethics.

  1. The principle of total customer loyalty

When choosing a REALTOR® to protect your real estate interests, you can be sure that you will have an honorable representative, a high ethical and professional conduct, which is 100 percent on your side.

  1. The principle of collaboration with all competitors

When you choose a REALTOR® to represent your real estate interests, you can be sure that your property will be exposed in all environments and will reach all potential clients, as Realtors collaborate with all competing colleagues in the market.

  1. The principle of respect for the truth

When choosing a REALTOR® to represent your real estate interests, you can be sure that they will not distort the information about your property in any way, nor hide relevant details. They will be as transparent and correct as possible when it comes to the information they transmit.

  1. The principle of putting the interest of the client above that of the agent

When you choose a REALTOR® to represent your real estate interests, you can be sure that you have a professional of high moral integrity on your side, who will never put their personal interest above your interest. Nor will they try to bring you to compromise solutions. They will fight for your best interests.

  1. The principle of non-interference in the business relations of other colleagues with their clients

When choosing a REALTOR® real estate agent to protect your real estate interests, you can be sure that they treat all their competitors in the market with respect and integrity.

For anyone thinking of getting an affordable FHA loan, Colorado experts recommend that you learn as much as possible about the process of searching for a reliable lender and about the various requirements associated with obtaining a loan. Even though FHA loans are affordable mortgage loans that have very few restrictions compared to other types of loans, there are still a few eligibility factors involved.

Understanding FHA Loan Requirements

Compared to the requirements of conventional mortgage loans, an FHA loan will be a lot easier to obtain. First of all, you only need a credit score of 620 and higher in order to qualify. The full extent of this requirement, however, is to have fewer than two 30-day and at most one 60-day late payment in the past 12 months.

Even though most lenders will require a 620 credit score, this isn’t the minimum you can qualify for an FHA loan. Some lenders will also accept the minimum score of 580, and many of their other requirements are also far less demanding.

Another important fact about FHA loans is that they’re only available for primary occupancy. This means you have to actually intend to live in the home you’ll buy with your new mortgage.

There is also a small down payment you’ll have to support, however, it’s much smaller than what you’d normally need to provide when considering other types of mortgage loans. FHA loans can typically provide you with about 95% of the total amount you’ll need to buy a new home. Them inimum down payment required is 3.5%.

Finally, if you filed for bankruptcy in the past 3 years, or if your bankruptcy discharge rate is within a period of 2 years before you try to get an FHA loan, you will have to wait it out and apply at a later date.

Find a Reliable Lender to Support You 

A good lender is the most important asset you can obtain in the search for an FHA loan Colorado homeowners would love to have. Most loan offers will depend heavily on the lenders, their imposed restrictions, their fees and their interest rates. So you’ll always win when you can find a lender who will be willing and able to help you out.

Communication is, therefore, of paramount importance. You have to first do a background check on any lender you want to work together with, and find out if they can give you the customer support and assistance you require. Colorado review sites where borrowers can post their honest opinions about the lenders they’ve had dealings with are your best choice for that.

Also, you will definitely want a lender who is trustworthy. Beware of lending institutions that sugarcoat their loan offers, and make sure you won’t have to pay a lot more than you might think, or that the lender will be fair in dealing with any financial difficulties you might come across during the term of the loan.

Finally, it is, of course, essential that you try to get the ideal offer that best suits your financial situation. The interest rate, fees and insurance costs should all be considered, and you may also need to make sure the lender has flexible offers when it comes to the mortgage payoff schedule.