Buyer FAQ
1. What price range can I buy in?
It's important to talk to a mortgage professional to determine what price range to look in. The price you'll be able to afford will have a lot to do with your income and the amount of your debt load.
2. Should I use an agent to help me find my new home?
Yes! In virtually all situations, the buyer does not pay the commission, so the services of the agent working for you is normally paid by the seller. Using an agent, you will have a valuable person representing your interests. An agent who is a member of the multiple listing service (MLS), will be able to show you any home listed on the market, giving you a larger choice of homes to look at.
3. How much should I offer on a house?
Your agent will do a market analysis on any home that you are interested in. Your real estate agent can then help you to decide what offer to put on the home and will also help you in the negotiations for that home.
4. Should I spend money on a home inspection?
Yes, the money you will spend on a professional home inspection will be well worth the information you will get about that home. Not only does the home inspection seek out any defects or problems, it can also give you peace of mind. The home inspector will often give you tips and information on maintaining your home or the use and functions of certain items.
5. Will I need a home appraisal?
Many lenders will require some sort of appraisal of your home, before the loan is approved. Most of the lenders have their own appraisers and will send them out to do the appraisal prior to your loan approval.
If you have any other questions on buying or selling a home, please feel free to contact us or email us directly. You can also call or text usat (407) 421-1052! We would be honored to help you with any of your real estate needs.
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