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Home Value Estimate

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Frequently Asked Questions

Question 1.

Q. What the first step of the home buying process?

A. Getting approved for a mortgage or a pre approved letter from a lender.

Question 2.

Q. How long does it take to buy a home?

A. From the start of the search to closing generally takes around 10-12 weeks but this can change based on the market.

Question 3.

Q. What kind of credit score do I need to buy a home?

A. Most loan programs require a FICO score of 620 or better.

Question 4.

Q. How much do I need for a down payment?

A. The national average is 11% however; first time home buyers generally only need to put a 3 to 5% down payment for a home.

Question 5.

Q. Do I need todo a final walk-through?

A. It's not required but it's a very good idea to do so. A final walk through will give you the chance to look through the house and make sure nothing has changed since the first time you saw the house.

Still have questions?

I'm always happy to answer your real estate questions!