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WELCOME! You've found the site for one of the top producing agents in the country. In 2004 Jeff Galloway sold over $251 million.
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Jeff Galloway is clearly the most visionary real e In less than 36 months, Mr. Norrie has been represented by Jeff Galloway on transactions totalling $25 million at St. George Island, Florida. David Norrie 1st VP, C.B. Richard Ellis, Inc. Read Quote >
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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Jeff, a proven St. George Island, Carrabelle and Apalachicola, Florida NUMBER1EXPERT™ Top Selling real estate agent.
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About Appraisals >Best Interests of the Buyer
Who represents the homebuyer in the transaction? The most common scenario is for homebuyers to purchase a home with the help of the seller's listing agent. In this case, known as "dual agent representation," the real estate agent assists both the sellers and the buyers. However, it is also possible for the buyers to ask another realtor to represent their interests exclusively, acting as the "buyer's agent," a service which is available at no additional cost to the homebuyer.
Any licensed real estate agent can act as your buyer's agent, helping you to locate and look at properties in your price range. However, if that real estate agent works for the same brokerage that is listing a particular property, dual agency or designated agent rules will then apply. The buyer's agent will advise the buyer if issues arise such as termite damage or significant material defects appearing on the home inspection report. If the home appraisal comes in at less than the asking price, the agent will represent the buyer's interest, working with the seller and the lender to negotiate a satisfactory resolution.
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What does the term ARM stand for?
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An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market. |
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