Frequently Asked Questions (FAQ)

These are some of the questions I am asked most often. If you have a question that is not answered here, please call or email me. I'm happy to answer all of your questions!


What home can I afford?

It depends on your income and debt ratio, savings for down payment, etc. The first step before you even start looking for a home is to find out if you can get a loan, and for how much, while you're still comfortable with the future monthly payments. The easiest way is to contact a lender. I know excellent loan officers who can help you determining the answer to this question, will pre-qualify you for a loan, and will guide you if your credit score is not excellent. Even if you  had a foreclosure, they can help. Contact me now so I can introduce you to some great professionals!


Why should I use a REALTOR to buy a home?

A Realtor is a licensed professional, who abides by the Code of Ethics. A real estate agent that is not a Realtor, doesn't abide by it.

A Realtor will represent and guide you. He/she will search for all the available homes for sale in the area. One person can show you several homes, so no need to make several appointments with different people. The seller is usually the one who pays the commission, so you are getting expertise and help in your home search at no cost! So why NOT to have a Realtor on your side?

The real estate world has its own language, and you will have to read, understand and sign many documents. You will want to have a Realtor show you homes, prepare a Comparative Market Analysis before making an offer, so you know beforehand what's the best offer for that home.

Contact me now to find out how I can help you find your perfect home!


Why should I use a REALTOR to sell a home?

A Realtor is a licensed professional, who abides by the Code of Ethics. A real estate agent that is not a Realtor, doesn't abide by it.

A Realtor will represent and guide you. From recommending the best listing price based on a Comparative Market Analysis, to guiding you with staging/repairs, then listing, marketing, doing open houses, negotiating offers and helping you through the contract to closing process. Statistics show that homes sold "by owner" take longer to sell and sellers end up with less money than those who hire a Realtor.

The real estate world has its own language, and you will have to read, understand and sign many documents.

 


When will the closing be?

It's usually within 30-45 days. If you're paying cash, it will be a lot faster! This time is used to process the loan (please make sure you are in contact with your lender and give him any documents he needs as soon as possible), but also for inspection, title search, lien search, etc.

 


Do I need to have a home inspection done when buying a home?

Absolutely! You can't take a home for a "test ride", so you want to hire a licensed home inspector who will check the home for you, including roof, HVAC, electrical panel, plumbing, windows, cracks, mold, termites, etc.

 


What is the agent's commission to sell a home?

The commission can vary. The main thing you want to ask yourself and ask your Realtor is: what will you do to sell my home? Ask about professional photography, marketing online (on how many websites will my home be listed?) and  printed materials (brochures, postcards, etc).

Contact me to learn more about what I can do for you to get your home sold fast for the highest price.