Broker Owner

United States
October 12, 2006 9:33am CST
We are ready to see if we can afford a home. We were told to go through a buyer broker. What does a broker "owner" do? Will he have my financial needs in mind or his own financial gain? Should we pay them a fee to see if we are eligible for a home loan?
1 response
@claudia413 (4284)
• United States
22 Oct 06
You can check with the bank where you have an account to determine whether you are eligible for a home loan; and, if so, in what amount. I wouldn't pay anyone to check this out. If you're in the USA, you can also check out For Sale by Owner for homes in your area. There are many other online sites where you can see what's available in your area. Good luck in your search.