Real Estate Information Archive


Displaying blog entries 1-2 of 2

Buying real estate property by obtaining a mortgage – Some steps you need to follow

by Audric Stevens- Financial and Contemporary writer

Do you want to buy real estate property? Well, if yes, then you need to have sufficient money for it. Possibly, you will not have the lump sum amount and thus, you require obtaining a suitable mortgage. These days there are several lenders who would offer you the loan at a reasonable rate. Thus, make sure you take out the mortgage rate at a low rate so that you can pay it off on time.

5 Steps to purchase real estate with a mortgage loan


You may take out a mortgage loan for purchasing real estate. Read on to know about the 5 steps for it.


  1. Know the exact value of your property - While searching for real estate is a daunting task, you should still buy one for yourself. It is important that you know the actual price of your real estate property. This will enable you to obtain the right mortgage loan for purchasing your property. Thus, you will be able to pay off the loan within the definite time period.


  1. Compare between the different home loans - When you want to obtain a home loan for your real estate, you should make it a point to compare between the different home loans. Since the different loans have different rates, try to choose the one that is affordable so that you may be able to repay it on time. Thus, you can live safely on your property.


  1. Shop for as many lenders as you can - If you come across a lender who will offer you the mortgage loan as per your requirement, you should not stop looking for the other lenders. Try to shop for as many lenders as possible so that you get to know what the different lenders are offering to the customers. This will enable you to take out the loan from a good lender.


  1. Seek help of a real estate expert - If you do not know much about real estate market, you probably will not be able to understand which property you should buy. As such, you can seek help of a real estate expert who will guide you through the entire process. He will also suggest you some good property that may suit you the best.


  1. Hire an agent to choose the right home loan - You may appoint an agent who will help you find the right loan for buying your real estate. You need to talk to your agent and tell him about your exact requirement. Since he deals with innumerable customers everyday, he will be able to suggest you with the most suitable mortgage. You will have to pay a certain amount of fees to your agent for helping you find the right property.


If you want to purchase real estate property but don’t have the needed bucks, see that you take out the right loan. Thus, you will have to follow the above-discussed steps in order to buy your real estate with a home loan.


Audric Stevens is a financial expert and a contemporary writer. He is involved in various online activities through which he imparts financial lessons to people with diverse needs. In addition to that, he is closely working with the ‘debtconsolidationcare community’ at the moment that has several interesting and prudent financial tips for people to use. If you like this article please follow us here.


REALTOR vs Real Estate Agent

by Bruce Ailion

John Reilly recently offered this interesting analysis.

Consumers often use the term real estate agent
and Bruce Ailion is an experienced Realtor®
interchangeably. Actually there are differences, even though both are licensed to sell real estate in their respective jurisdictions. REALTORS® must be licensed and belong to the National Association of REALTORS® (NAR) as well as their state and local associations. In addition, they must subscribe to the REALTOR® Code of Ethics

Are the majority of licensed real estate brokers and salespersons REALTORS®?

John reviewed The statistical reports generated by NAR and the ARELLO Digest (Association of Real Estate License Law Officials) and came up with these numbers:

ARELLO Digest: 2,128,709 Active real estate licensed brokers and salespersons In the US

Brokers: 710,216 (brokers and associate brokers) Salespersons: 1,334,589

Unclassified: 83,904 (included in some state totals but not identified as sales or brokers)

NAR Membership (5/31/12): 981,892 (down 3.49% from 5/31/2011 but increase over last month)

The NAR statistics give a clear breakdown of membership state by state along with increases/decreases over the prior month/year. The ARELLO Digest also reports jurisdiction by jurisdiction although the numbers were somewhat hard to work with because the numbers for inactive licensees and firms had to be removed. Also, some of the state counts were prior to 2011.

So, I ask, are the majority of licensed real estate brokers and salespersons REALTORS®? It is close, but the answer is No.

Based on John's unofficial count he estimates 46% of the licensed real estate brokers and salespersons in the U.S. are also REALTORS®.

The cost to be a member of the Local State and National association of REALTORS and voluntary agree to abide by a Code of Ethics and higher standard of conduct costs about $300 to $500 per year.

As an educated consumer, check to see if your representative is a REALTOR or not. If not ask yourself if you should be doing business with someone unwilling to accept a higher standard of ethics and spend a couple of hundred dollars to belong to a trade association that among other important activities supports and protects the rights or real property ownership and polices the industry.

Bruce Ailion,  

RE/MAX Greater Atlanta

An Atlanta Real Estate Expert Serving Clients Since 1979

RE/MAX Hall of Fame – REALTOR Phoenix Award


2050 Roswell Road

Marietta GA 30062

404-978-2281  Direct

404-386-3682  Assistant Robin

678-760-6266  Buyer’s Agent Adam

770-973-9700  Office

Displaying blog entries 1-2 of 2

Contact Information

Photo of The Ailion Team Real Estate
The Ailion Team
RE/MAX Town and Country
2623 Sandy Plains Rd #202
Marietta GA 30066
Fax: 404-480-8448

  Council of Real Estate Brokerage ManagersHome