FAQ
Am I Ready to Be a Homeowner?
Being ready to buy a home comes down to your finances, lifestyle, and long-term goals. If you have stable income, manageable debt, a savings cushion, and you’re looking to plant roots for a few years, you might be ready.
Is Renting or Buying Better?
Renting offers flexibility, while buying builds equity. The right choice is the one that fits your budget and where you see yourself in the next few years.
What Is the Lender’s Formula?
Lenders look at how much your housing costs may be, how much debt you already have, and whether these combined payments fit comfortably within your income.
What Do I Look for in Homes?
When looking at a home, focus on the condition, layout, location, and long-term potential. A house can be updated, but the location, layout and structural elements matter most
Do I Need a Home Warranty?
You don’t need a home warranty, but it can give you peace of mind by covering major systems and appliances if they break.
What Should I Expect at Closing?
You sign final documents with your lawyer, funds are transferred, title is registered, and once released, you get the keys.
What Is Pre-approval?
A pre-approval is when a lender reviews your finances and tells you how much you can afford to borrow. It shows sellers you’re serious and gives you a clear budget before you start shopping.
How much do i need for a down payment?
Minimum 5% for first-time home buyers, though 20% is recommended
What Should I Offer?
What you should offer depends on the home’s value, market conditions, and your budget. I help you look at the numbers and the competition so you can make a strong, realistic offer.
What’s your commisSion as a buyer’s agent?
Buyer’s agents don’t typically ask for a fee as they are paid by the seller.