FAQ
FAQ
Frequently Asked Questions
Am I Ready to Be a Homeowner?
If you have a stable income, a good credit score, and enough savings for a down payment and closing costs, you may be ready to buy a home. Our agents can help assess your financial readiness.
Is Renting or Buying Better?
The decision depends on your financial goals, lifestyle, and long-term plans. Buying builds equity over time, while renting offers flexibility. Contact us to discuss which option suits you best.
What Is the Lender's Formula?
Lenders typically use a debt-to-income ratio to determine how much you can afford to borrow. They evaluate your income, debts, and credit history to decide your loan eligibility.
What Do I Look for in Homes?
Pre-approval is a lender’s assessment of how much you can borrow based on your financial profile. It strengthens your offer when buying a home and helps you shop within your budget.
Do I Need a Home Warranty?
A home warranty can protect you from unexpected repair costs for appliances and major home systems. While not required, it can be beneficial for homeowners looking for peace of mind.
What Should I Expect at Closing?
Closing involves signing final documents, paying closing costs, and officially transferring ownership. We guide you through each step to ensure a smooth process.
What Should I Offer?
Your offer should be competitive based on market value, seller expectations, and your budget. Our real estate experts can help craft a strong offer that stands out.
Can I Ask You for Advice?
Absolutely! Whether you’re buying, selling, or renting, our team is here to provide expert guidance every step of the way.