Buying a Home In Alabama
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_image src=”http://173.199.178.7/wp-content/uploads/2019/08/buying-home-alabama-aerial-view-lake.jpg” align_tablet=”center” align_phone=”” align_last_edited=”on|desktop” admin_label=”Image” _builder_version=”3.23″][/et_pb_image][et_pb_divider _builder_version=”4.0.9″][/et_pb_divider][et_pb_divider _builder_version=”4.0.9″][/et_pb_divider][et_pb_code admin_label=”Lending Tree Ad” _builder_version=”4.0.9″]If you’re interested in applying for an FHA loan, you can use LendingTree to shop for the best rates. Click on the image below to shop LendingTree’s lender rates.
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Living in Alabama
Alabama is a great place to live. The state is well-known for everything from some of the best college football (Alabama and Auburn especially) in the country to the southern charm that comes complete with welcoming, friendly accents.
If you grew up in Alabama or already have been living there, you already know all about the benefits of living in the Heart of Dixie.
However, if you’re planning to purchase a home in Alabama, there are some things you may not be familiar with when it comes to the home buying process, including how to go about purchasing a home in Alabama.
Here’s an overview of how the process works, including the real estate documents you’ll want to be familiar with so that you make sure you don’t miss anything important in such a big decision.
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If you’re interested in applying for an FHA loan, you can use LendingTree to shop for the best rates. Click on the image below to shop LendingTree’s lender rates.
Finding a Home in Alabama
The majority of home shoppers work with real estate agents to find homes available for sale. Fining a good real estate agent can be critical to making sure you find a place to live that matches your specific needs. If you currently live in Alabama, you can likely find a competent and trustworthy real estate through your network of friends. A quick Facebook post asking for recommendations should give you a big enough list that you can start with, eventually narrowing down the field to your preferred agent.
In many cases, you can reduce the commission (usually 6%) paid to real estate agents in the transaction if you do not use an agent. If you prefer not to use a real estate agent, it will likely allow you to negotiate more with the seller of the home.
The Greater Alabama MLS is a great starting point for finding homes for sale that are listed with real estate agents. You can also check out homes for sale by owner by checking out the Alabama listings on ForSaleByOwner.com, Zillow, or Trulia, which allow homeowners to list their homes for sale without using agents.[/et_pb_text][et_pb_divider _builder_version=”4.0.9″][/et_pb_divider][et_pb_code admin_label=”Lending Tree Ad” _builder_version=”4.0.9″]If you’re interested in applying for an FHA loan, you can use LendingTree to shop for the best rates. Click on the image below to shop LendingTree’s lender rates.[/et_pb_code][et_pb_divider _builder_version=”4.0.9″][/et_pb_divider][et_pb_text _builder_version=”3.27.4″]
Alabama Real Estate Forms
Whether you are using a real estate or not to buy a home in Alabama, you’ll want to be familiar with the legal documents and information forms involved in the process. These documents and forms include.
- Alabama Offer to Purchase
- Alabama Real Estate Sales Contract
- Residential Disclosure Statement
- Lead-Based Paint Disclosure
- EPA Lead-Based Paint Info Pamphlet
If you’re using a real estate agent, he or she should have these forms available for you. The complete package is also available for purchase from US Legal Forms for $59.95.
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