Frequently Asked Questions

First, will be financing, if you haven’t already spoken with a lender. This is the most crucial step, because you shouldn’t be touring homes until you are pre-approved. A lender will pull your credit, look at your income and debt-to-income ratio, and from that they will be able to determine your price point. 

A buyers consultation is when you sit down, or set aside time on the phone, in which you discuss expectations and the process of buying a home. It is also a way to get to know me, and for me to get to know you. The consultation is arguably just as important as getting pre-approved, and it sets the stage of what you should know as a buyer, and what you should be prepared for while looking at homes, making offers, and closing on your new home. It is also a perfect opportunity for you to ask any and all questions you have about the process. 

Earnest money is similar to a deposit. It is made in good faith to demonstrate to the seller that the buyer’s offer is legitimate. The amount is usually a percentage of the selling price and essentially takes the property off the market. The money also gives the buyer extra time to conduct a title search, get an inspection and property appraisal, and financing. 

You may have second thoughts or want to go in a different direction.  Depending on the stage of the process, you may have to forfeit the earnest money.

An escrow is a term that refers to a neutral third party hired to handle the exchange of money, property transaction, and related documents. The escrow holds the money and documents in a trust until all terms and conditions of the sale are satisfied. When depositing the earnest money, it is wise to use an escrow account. 

Yes.  A home inspection is one of the most vital steps when purchasing a property. A professional inspector has a keen eye for how well the house has been taken care of. The inspectors can comment on structural and cosmetic issues, along with any local code issues. 

At your consultation, I will get to know you.  I will be asking you questions about your understanding of the process, your goals for selling your home, and any questions or concerns you may have related to your sale. I will also prepare materials for your review, including an overview of our marketing campaign, an explanation of my service, and a comparative market analysis to show you what is selling in your market area