Six Common HomeBuyer Questions
How Much Home Can I Afford?
This is a crucial question to discuss with a lender. Lenders will review your entire financial situation, including income, debt, and credit score, to advise you on a budget that fits your circumstances.
How Long Does It Take to Close on a Home?
Once you've found your new home and have it under contract, the time to close typically averages around 30 days if you're using a mortgage lender. However, if you're paying in cash, the closing process can often be expedited, depending on the agreement between the buyer and seller.
Do I really need an agent?
Having your own agent is one of the best ways to protect your interests. A buyer’s agent works solely for you—not the seller—guiding you through the process, advocating for your goals, and helping you avoid costly mistakes.
Do I need a home inspection?
A home inspection can identify defects, safety issues, needed repairs, and conditions not visible during a showing. We strongly recommend all buyers get a home inspection.
What’s earnest money?
Earnest money is a good-faith deposit that tells the seller you’re committed to buying the home. If the sale goes through, it’s credited back to you at closing.
What should I look for during a showing?
Pay attention to major systems, structural concerns, signs of water damage, and anything that feels worn, unsafe, or poorly maintained. A dedicated buyer’s agent will help point out potential defects, ask the right questions, and guide you on what may require deeper inspection.
