Do you have questions about buying a home? If you are a first time home buyer, the info contained here is a great start! Q: What’s the first step of the home buying process? A: Getting pre-approved for a mortgage. Unless you are able to pay cash for a house, you’ll need to get a mortgage. In order to know how much you can afford for a home, you will need to get pre-approved for a loan. This should always be the first step in the home buying process. Q: How long does it take to buy a home? A: The average time of closing on a home is around 30-45 days. The timeline is going to vary from person to person but once you find a house and get your offer accepted, it usually takes about 30 days to close. Q: What does a Realtor do and do I need one? A: A realtor is going to be your most valuable asset when it comes to buying a home. They are going to be there to walk you through every step of the home buying process. They will represent you in the transaction and be
10 things that only Real Estate agents like us will tell you! Buying a house can be a very exciting time and you need to be prepared. Our agents are well versed in this process and are ready now to show you the way! 1. The average person looks at 15 properties before making an offer. That doesn’t mean that some people don’t fall in love with the first home they see and make on offer on that one. For others, it may take up to 40 houses, but trust us when we say you’ll know when you’ve found the right one. 2. You don’t pay your real estate agents commission . Luckily for the buyers, it’s the sellers that pay their commission. There may be some other fees that are tied in, but your agent will be upfront with you about that. 3. Even though you told yourself you shouldn’t and wouldn’t, you’re going to end up looking at homes out of your price range. Whether you’re just browsing online or out and about, you’re going to find homes that aren’t in your price range and you’ll pro