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Buyers FAQ
 

Buyer's FAQ

- Could you give me a rundown of the entire buying process?
- How should I prepare for buying a home?
- What is the first step in the home-buying process?
- Why should I get pre-approved?
- How do I find out how much house I can afford?
- What is the difference between a pre-qualification and a pre-approval?
- Can I buy a property below its market value?
- How is an asking price determined?
- At what price should one list a property relative to its perceived value?
- When should I list my property just below expected market value?
- When should I list my property just at expected market value?
- When should I list my property just above expected market value?
- What is the difference between sales price and assessed value?
- • What is the difference between an appraisal and a CMA?
- Whose obligation is it to disclose information about a property?
- Do I need an attorney when I buy a house?
- Can I make a verbal offer on a property?
- What contingencies are usually put in an offer?
- What is a financing contingency?
- What is an "earnest money" deposit?
- Do I have to put down a deposit with my offer?
- How can I make my offer stand out against competing buyers?
- What happens after I present my offer?
- Should I have a home inspection?
- What if I don't like the results of my inspection?
- Under what circumstances could I lose my earnest money?
- Do the appliances stay when a home is sold?
- What is a Contract to Buy and Sell Real Estate?
- What if I decide I want to change something in the contract?
- How much should my earnest money be?
- What happens to my earnest money after the sale?
- When should I submit a loan application to the bank?
- What happens if my loan is not approved by the deadline in the contract?
- What happens if my loan is denied?
- How can I be sure I'm getting what I pay for?
- What happens after I get my mortgage commitment?
- What is a final walk-through?
- What does my mortgage payment include?
- How do I find out how much my closing costs will be?
- Can the closing date be changed once it has been set?
- What happens at the closing?
- What do I need to bring to the closing?
- What does going under contract mean?
- Can I try a house out before I buy?
- The property did not appraise at the full contract price, what now?
- I found the perfect property, should I show my emotions while the owner is there?
- I have a low credit score, can I still get financing?
- I am interested in a For Sale By Owner (FSBO) can I still use a Realtor?
- How can I make sure my spouse gets the home if something happened to me?
- I saw an ad for a "Fixer Upper", what is that?
- I bought in November but now the town wants me to pay property taxes for the full year, why?
- I will be using my vacation home for only 6 weeks out of the year, what can I do?
- Should I buy a new or a resale home?
- I am looking to buy a new home can I still negotiate the price with the developer?
- I am not good at negotiating, should I just pay the offer and get it over with?
- Do sellers have to disclose the terms of other offers?
- Who gets the furnishings when a home is sold?
- What do all these real estate acronyms in the adds stand for?
- What is the difference between list price, sales price and appraised value?
- When is the best time to buy?
- My lender wants me to pay PMI, what is that?
- I am making a full price offer, does the seller have to accept?
- Is a low offer a good idea?
- The house needs some repairs, can I make the seller fix everything?
- Radon is a natural gas, so it can't be that bad?
- Should I include an inspection contingency in my offer?
- Should I buy a vacation home?
- What are the pros and cons of adding on or buying new?
- What is the difference between liquidated damages and specific performance?
- Is payment in full required on the day of the sale?
- Do I have to pay any commission when I purchase my home?
- How many homes should I look at before I buy?
- How much does it cost me if I want to work with a buyer's agent such as yourself?
- How do real estate agents get paid?
- How many homes can we expect to see on any given day?
- What extra costs should I expect when buying a home?
- How do I Improve and Maintain A Healthy Credit Report?
- I have heard of Buyer's Remorse, surely can’t effect me, can it?
- I am thinking about buying the most expensive house on the block, any thoughts?
- Who gets to choose what title company to go with?
- Where do I get information on housing market statistics?
- What are some tips on negotiation?
- What are some guidelines to follow when trying to find a contractor?
- Are there any reasons to delay buying a home?
- Reasons for not delaying Buying a home?
- What is the difference between a house and a home?
- Comparable Sales - Pending Transactions
- How Property Conditions Affect Your Offer ?
- How Home Improvements Should Affect Your Offer ?
- How Market Conditions Should Affect Your Offer?
- How Seller Motivation Should Affects Your Offer?
- Why is lead paint potentially harmful?
- What is a Transaction Broker?
- What is Buyer Representation?
- What happens if the appraisal comes in below the purchase price?

 
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