Questions Buyers Ask


                              Questions Buyers Ask

    Q:  What is the first step in buying a home?

    A: Get pre-qualified by a lender first.  This can be done from home....More here

    Q: What if I don't qualify for the loan amount I want or my credit is not high enough?

    A: Consider gift funds....More here

    Q: What is the difference between a bank loan and a mortgage broker loan?

    A:  Mortgage brokers will charge you a loan origination fee....More here

    Q: What does it cost to get pre-qualified?

    A: Some lenders will try and charge you upfront.....More here

    Q:  Do I need a big down payment for a home?

    A: No. If you are a first time buyer or a veteran.....More here

    Q: What is earnest money?

    A: Earnest money is basically a deposit....More here

    Q:  What is an option period?

    A: An option period is a specified amount of time you can terminate the contract.....More here

    Q: What are alternate lines of credit?

    A: Alternate lines of credit are accounts a lender can use as positive credit if you pay them on time......More here

    Q: Will reducing the number of credit cards I have improve my credit?

    A: Not necessarily.  In fact it may hurt your credit score more even more....More here  

    Q: Are home inspections mandatory?

    A: Home inspections are not mandatory. However, the benefits of having one out weigh the cost.....More here

    Q: Is buying a for sale by owner home the best choice for a great deal in today's market?

    A: For sale by owner home sales can be a good choice for some experienced buyers. However, if you.....More here

    Q: How does the $7,500 tax credit work?

    A: The tax credit is basically an interest free you pay back over the next 15 years.........More here

    Q: Should I sign a contract with a real estate agent?

    A:  Signing a buyer broker representation agreement is in the best interest of anyone purchasing real estate.....More
    here

    Q: How do you get a great deal on a new builder home?

    A: Everyone wants a great deal on a new home right?  First time buyers and repeat home buyers both can save a
    great deal...More here  

    Q: When is it a buyers market in real estate?

    A:  A buyers market normally coincides  with a down market or recession in the economy....More here

    Q: When is it a sellers market in real estate?

    A: A sellers market usually coincides with a steady growth in the economy and.....More here

    Q: How do we stop foreclosure and save our home?

    A: If you, a friend or family member are in an un-affordable mortgage for various reasons or victim of a predatory loan
    ..... More here

     Q: How do broker and agent rebates to buyers and sellers work?

    A: Many buyers are unaware that rebates on the broker commission and bonuses are negotiable...More here
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