Real estate questions are important to ask when you are thinking about buying a home. The process can be daunting, but my years of experience help to put buyer’s at ease. I have heard just about every questions that there is. So, I put together a list of some of the most common real estate questions when buying a home.
Real Estate Questions & Answers for Buyers
How do I know what home I can afford?
The answer to that question is dependent on your income and financial obligations. Online calculators can help you get a rough idea. It is important to figure this out before you start browsing homes. Also, work with a lender to secure pre-approval for your home loan. That will make you a more attractive candidate to sellers as well.
How do I go about buying a home while selling my current home?
This can be a little tricky, but I help folks with this all the time. Keep in mind that if you buy a home before you sell the one you’re in, could be overextended financially. If your home sells before you buy, you might need to rent before while you secure a new home. You can also do both at once with a “sale contingency” in your contract. It states that you will only buy the home if you can sell the one you are in. This can be less attractive to your seller though.
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