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FAQs
How will you market my home?
Our team uses a multifaceted marketing approach that includes professional photography, targeted online ads, and listings on major real estate platforms. We also utilize our social media, email campaigns, and our network of agents and potential buyers to ensure your home gets maximum exposure.
Should I order a home inspection?
Absolutely! Ordering a home inspection is a crucial step. It helps identify any potential issues early in the process, allowing you to address them before listing or negotiating repairs during the selling process.
How do you price my home?
We conduct a thorough comparative market analysis (CMA) to assess the value of the house. By examining similar homes in the area, current market trends, and the property's unique features, we ensure the home is priced fairly and competitively.
How much should I put down to buy a home?
The ideal down payment varies depending on your financial situation and the type of loan you choose. Typically, down payments range from 3% to 20% of the purchase price. We can connect you with trusted mortgage professionals to help you determine the best option for you.
What are similar homes selling for in my area?
We'll provide you with up-to-date information on recent sales of similar homes in the area. This data will help you understand the market and make informed decisions.
Why are sellers leaving the home?
Sellers have various reasons for moving, such as relocation, upsizing, downsizing, or personal circumstances. While this information is often private, we can inquire and share any relevant details with you.
What does a Realtor do?
As a real estate team, we guide you through every step of the buying or selling process. This includes pricing, marketing, negotiating, and handling all the paperwork. We act as your advocates, ensuring a smooth transaction and that your best interests are always represented.
What credit score do I need?
A minimum credit score of 620 is typically required for conventional loans, but other loan types may have different requirements. Higher credit scores often qualify you for better interest rates and loan terms. We can refer you to experienced lenders who can help you understand your options.
What is the neighborhood like?
We provide detailed information on the neighborhood, including amenities, schools, safety, and community vibe. Additionally, we recommend visiting the area at different times of day to get a true feel for the community.
How much are closing costs?
Closings costs generally range from 2% to 5% of the purchase price. These include fees such as loan origination, title insurance, appraisals, and legal services. We'll provide a detailed estimate so you can plan accordingly.
How will you vet the buyer?
We vet buyers by reviewing their pre-approval status, financial stability, and seriousness in the purchasing process. This ensures that only qualified buyers make offers on your home, leading to a smoother transaction.
What if my offer is rejected?
If your offer is rejected, our team will strategize with you on whether to submit a counteroffer, explore other properties, or adjust your offer strategy. We'll provide guidance every step of the way.
What is typically included with the sale of a home?
Typically, items like fixtures, built-in appliances, and sometimes window treatments are included in the sale. We'll clarify what's included and can negotiate for additional items if needed.
What were the previous selling prices?
We can access the property's sales history, including previous selling prices. This information helps you understand the property's value trajectory and market trends.
Are there any major renovations?
We'll obtain a full disclosure from the seller regarding any major renovations or updates. This ensures you have a clear understanding of the property's current condition and any potential concerns.
Do you have any references?
Should I buy instead of rent?
Buying a home can be a great long-term investment, offering benefits like building equity, potential tax advantages, and the stability of homeownership. We'll help you evaluate whether buying is the right choice for your current financial situation and lifestyle.
What is a conditional sale?
A conditional sale means that the offer is contingent upon certain conditions being met, such as obtaining financing or selling the buyer's current home. If the conditions are't met, the buyer may withdraw from the contract without penalty.
What is the earnest money?
Earnest money is a deposit made by the buyer to show their serious intent to purchase the property. It's typically held in escrow and applied toward the purchase price at closing. If the sale falls through due to a contingency, the earnest money may be refunded.