faq
Frequently Asked Questions
Am I ready to be a homeowner?
There are few questions that can help with this question. Do you have enough for the down payment? What is your credit score? Can you afford the monthly mortgage? These are questions you need to consider, but I can help you evaluate where you are and where you need to go.
Is renting or buying better?
This depends on several factors: Where do you want to live? How much do you want to pay down? What would similar home in the same area cost? What would be the terms of your mortgage? 15 or 30 years?
What IS MY HOME WORTH?
I can provide a no obligation Free Home Valuation for your home.
What do I look for in homes?
Apart from those things that you visually may want to find in a home. Don’t just judge a home by it’s paint job or curb appeal. You need to look at the roof, the insulation, the plumbing. Getting a trusted home inspector will be worth the money. As your agent, we will help with all of those things.
Do I need a home warranty?
Yes. This will help protect you in case there are hidden problems with your home.
What should I expect at closing?
The keys aren’t yours yet. So this is the time to read your contracts carefully before signing. This again is one of those times that you need an agent that can help make sure this process is seamless.
What is pre-approval?
Being pre-approved for a mortgage means that a mortgage lender has checked your credit, employment, and income qualifying you for a loan up to a certain amount.
sHOULD i HAVE A HOME INSPECTION?
Yes! A trusted Home Inspector can identify unseen problems that could be costly down the road.
What should I offer?
It depends on the market you’re in, the list price, what kind of mortgage you, as the potential home buyer, can afford. There are many other factors that you should weigh before beginning negotiations. If you go to low, then you risk losing the house. This is where having your own agent is important. They know the market and can better help with making that decision.
Can I ask you for advice?
As your agent I can give recommendations based on experience, market reports and the housing environment.
If you have questions, Contact Us.
let us do your homework!
- 901-568-8398