Home Buying Made Simple
Buyer FAQs
How do I identify my home-buying budget?
Start by reviewing your income, savings, and credit score. Getting pre-approved for a mortgage will give you a clear idea of your budget and help you shop with confidence.
What is the difference between pre-qualification and pre-approval?
Pre-qualification is an estimate of how much you might be able to borrow, while pre-approval is a formal process with a lender that confirms your borrowing power and strengthens your offer.
How long does it take to buy a home?
The timeline varies, but most home purchases take 30–60 days from accepted offer to closing. Your agent will guide you through each step to keep the process on track.
What should I look for when touring a home?
Pay attention to the home’s condition, layout, storage, and location. Consider your long-term needs, commute, schools, and potential resale value.
Do I need a real estate agent?
While it’s possible to buy without an agent, a knowledgeable agent provides guidance, access to listings, market insight, and negotiation expertise to protect your interests.
What is earnest money?
Earnest money is a deposit showing the seller you are serious about purchasing. It’s typically applied toward your down payment at closing.
What happens after my offer is accepted?
You’ll schedule a home inspection, complete your mortgage application, and your lender will order an appraisal. Then you move toward closing, where final paperwork is signed and you receive the keys.
What costs should I expect besides the purchase price?
In addition to your down payment, you may have closing costs, inspections, insurance, and moving expenses. Your agent and lender can provide a detailed estimate.
Can I buy a home if I’m a first-time buyer?
Absolutely! Many first-time buyer programs and financing options are available. Your agent can guide you through grants, low-down-payment loans, and other resources.
How do I make my offer competitive?
Work with your agent to determine a fair offer based on market conditions, comparable properties, and seller expectations. A pre-approval letter can also strengthen your position.
Ready to take the next step toward your dream home, or have more questions? View our listings or contact us today.