What is the first step in the home-buying process?
The first step is to get pre-approved for a mortgage. This will help you understand your budget and show sellers you are a serious buyer. View my Vendor Guide to get in touch with my preferred lenders.

How much do I need for a down payment? 
Down payments typically range from 3% to 20% of the home's purchase price, depending on the type of mortgage you select and your financial situation. Some programs allow for lower down payments.

What are closing costs?
Closing costs are fees associated with finalizing the purchase of a home, typically ranging from 2% to 5% of the purchase price. These can include loan origination fees, appraisal fees, title insurance, and more.

How long does the home-buying process take?
The timeline can vary, but on average, it takes about 30 to 60 days from the time you make an offer to the closing date. Factors like inspections and financing can affect this timeline. 

What happens if I want to back out of the purchase?
If you have contingencies in your offer (like a satisfactory home inspection or financing), you can back out without penalty if done so within the proper time specified in the ratified contract. However, if you don’t have contingencies, you may risk losing your earnest money deposit.

What should I look for during a home inspection?
During a home inspection, pay attention to the condition of the roof, plumbing, electrical systems, HVAC, foundation, and any signs of pests or water damage. It’s essential to identify potential issues before finalizing the purchase. Go to Home Inspections.

What is a seller’s disclosure?
A seller’s disclosure is a document outlining any known issues with the property, such as past repairs or defects. It’s crucial to review this before making an offer. 

Can I make an offer below the asking price?
Yes, you can make an offer below the asking price. I always recommend getting the ink rolling on any home you have interest in, and I can help you determine a fair offer based on the market analysis and the property condition.

What is earnest money?
Earnest money is a deposit made to the seller to demonstrate your commitment to purchasing the home. It is typically held in escrow and applied toward your down payment or closing costs if the transaction goes through.

How do I know if I'm ready to buy a home?
Consider your financial stability, job security, credit score, and your ability to commit to a long-term investment. It’s also essential to assess your lifestyle and whether you're ready to take on the responsibilities of homeownership. Go to First Time Buyers.

How much do you charge to represent a buyer? 
BHHS Beazley, REALTORS® charges 3% per transaction side of the final sale price, which I’ll outline during our initial consultation. However, when representing you as a buyer, we do everthing in our power to obtain our compensation from the seller’s brokerage.