FAQ
The Help Center
Contemplating buying or selling a house and have no idea where to begin? Here’s a list of some of the questions you might have about the real estate process. If you have any additional questions, please get in touch.
For Buyers:
What should I consider before buying a property?
Determine your budget, location preferences, property type, and features you need.
How do I get pre-approved for a mortgage?
Contact lenders, provide necessary financial documents, and go through the approval process.
As an agent with several contacts in the banking industry, I can assist with this process.
What is the difference between pre-qualification and pre-approval?
Pre-qualification is an estimate of how much you can borrow, while pre-approval means a lender has verified your information and approved you for a specific loan amount.
What is earnest money?
Earnest money is a deposit made to the seller indicating your intention to buy the property. It shows your commitment and is typically held in an escrow account.
What is a home inspection, and is it necessary?
A home inspection assesses the property's condition. It's highly recommended to identify potential issues before finalizing the purchase.
What are closing costs?
Closing costs include various fees such as lender fees, title insurance, and taxes. Buyers typically pay these costs during the closing process.
How long does the home buying process take?
The timeline varies, but on average, it takes 30-45 days from offer acceptance to closing.
Keep in mind that some transactions can be very complicated and may require more time.
For Sellers:
How do I determine the right asking price for my property?
Research similar properties in your area, consider market trends, and consult with real estate agents to set a competitive price.
Do I need to make repairs before selling my property?
It's advisable to fix major issues that could deter potential buyers. Small repairs and cosmetic improvements can also enhance your property's appeal.
What is a home appraisal, and how does it affect the selling process?
An appraisal assesses your home's value. It's crucial because lenders use it to determine the loan amount. If the appraisal is lower than the agreed-upon price, it can complicate the sale.
What is a contingency?
Contingencies are conditions that must be met for the sale to proceed, such as a satisfactory home inspection or the buyer securing financing.
How can I make my home more appealing to buyers?
Clean, declutter, and stage your home. Consider minor upgrades, like fresh paint or landscaping, to enhance its attractiveness.
What is a seller's disclosure?
A seller's disclosure is a document where you disclose any known issues or defects with the property. It's a legal requirement in many places and helps build trust with buyers.
