What is a Buyers Agent?

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Kerry Plowright asked: As the name suggests, Buyers Agents are the intermediaries between you the buyer and a vendor or real estate agent, when transacting a property purchase. The theory being is that traditionally the real estate agent operates for the vendor (seller) and the Buyers Agent works for the buyer.

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I live in the Bay Area, California. I am a first-time home buyer. I have excellent credit?

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Lou L asked: (750+). My monthly income is 3000. I am interested in buying a condo (7 years old) which is priced at 399,900 and I am planning to put 5% down. I have met with two lenders..Lender A suggested 2 loans (to avoid paying the PMI) and Lender B suggested 1 loan. I would like to keep my mortgage payments as low as possible, and plan to live there for about 5-7 years. Any suggestions would be appreciated!

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