The first step in buying a home is getting pre-approved for a mortgage. This will help you understand what you can afford and give you more negotiating power with sellers.
The amount you need to put down on a home will depend on the price of the home and your loan type. Typically, down payments range from 3-20% of the purchase price.
The home buying process can take anywhere from a few weeks to a few months, depending on factors like the local market, financing, and the availability of homes that meet your needs.
Yes, using a real estate agent can be very helpful when buying a home. An agent can help you find properties that fit your needs, negotiate with sellers, and handle paperwork.
During a home inspection, you should look for any potential issues with the home, including structural problems, water damage, electrical issues, and pest infestations.
Yes, you can negotiate the price of a home with the seller. Your real estate agent can help you make an offer and negotiate terms.
Earnest money is a deposit made by the buyer to show that they are serious about purchasing the home. This money is held in an escrow account and applied to the down payment or closing costs.
A contingency offer is an offer that is contingent on certain conditions, such as a satisfactory home inspection or the buyer securing financing.
Yes, you can back out of a home purchase after making an offer, but you may lose your earnest money deposit. This is one of the key areas we will be able to help you.
You should bring a government-issued ID, proof of homeowners insurance, and any paperwork your lender or real estate agent has provided you with. Coordinate with us prior to closing, we will walk you through every single step.