What Are the Most Common Questions Home Buyers Ask?
Buying your first home will no doubt bring up questions. Having the answers to some of the most frequent home buyer questions will give you a head start.
What Is the First Step to Home Ownership?
Your Realtor® will advise you to speak with a mortgage professional so you can learn your home purchase affordability and provide you with financing options that work best for you.
How Long Before I Move In?
From start to finish you will be looking at approximately 45 to 60 days, but this depends on you and the seller. Sometimes you can take possession of your home in under 30 days, sometimes it can take upwards to 90.
Realtors provide you with the comfort and security that you are best interests are being looked after. We are professionals and will ensure your home purchase is easy and stress free. We guide you with contracts, negotiations, due diligence and much more.
How Much do Realtors Charge?
Nothing. You can enter into a fee agreement with your Realtor® however 99% of home buyers choose to have the seller pay the fees as they're offering it anyway.
How Much Do I Need for a Down Payment?
5%. But, your lender will want to make sure you have enough for closing costs - so plan for an additional 1.5%.
What Are Closing Costs
Closing costs will be for paying the lawyer, property inspection, possibly a condo document review, bank fee or appraisal etc.
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