Purchasing a home is a major decision that requires careful consideration and research. Before taking the plunge, it's essential to get pre-approved for a mortgage to determine how much housing you can afford. Once you have an idea of your budget, it's time to start looking for properties. Realtors can be an invaluable resource at this stage, helping you find homes that meet your needs and fit your price range. In Bucks County, PA, there are certain requirements that must be met when using the services of a real estate agent.
The Uniform Municipal Deeds Registration Act prohibits municipalities from requiring the registration of deeds before registering them with the County Register of Deeds office. Additionally, the Chester County Rental Program (CLR) has income limits and home price limits that vary by county. The Alliance of Suburban Realtors, the Pennsylvania Builders Association, the Chester and Delaware County Homebuilders Association, and several local residents have challenged regulations that force landlords to meet onerous government inspection, registration, or licensing requirements. These regulations can impede affordable housing opportunities by discouraging investment in rental properties in a community. In summary, when using the services of a realtor in Bucks County, PA, it's important to be aware of certain requirements such as having good credit and being pre-approved for a loan. Additionally, regulations that force landlords to meet onerous government inspection, registration, or licensing requirements should be opposed as they can hinder affordable housing opportunities.