BUYING A HOME IN 6 EASY STEPS
Thinking About Buying A New Home?
Fantastic! Whether it's your first home or your fifth, one thing remainds the same: It's an exciting time and a big job involving a great deal of time, energy and, of course, money. However,'s it's all worth it. Pride of home ownership is one of life's greatest joys and biggest accomplishments. Doors are opening wide for you and the possibilities are endless. My hope is that this guide will bring clarity and peace of mind during your home buying journey.
Download Our Buyer’s Guide
THE FAQ
Common Questions + Answers For Buyers
1. How long does the buying process take?
The home buying process typically takes 30 to 90 days from making an offer to closing on the home, though this can vary depending on market conditions and individual circumstances.
2. How much do I need for a down payment?
A down payment usually ranges from 5% to 20% of the home’s purchase price. The exact amount depends on your loan type and financial situation, with larger down payments often resulting in lower monthly mortgage payments.
3. How much does it cost to hire a REALTOR®?
As a buyer, you generally don’t pay the REALTOR®’s commission directly. The seller typically covers the commission, which is split between the seller’s and buyer’s agents. The average commission for a buyer is 3% on the first $100k and 1.5% on the remainder.
4. Do I need to use a real estate agent to buy a home?
While it’s not required, using a real estate agent can be highly beneficial. An agent provides expert guidance, market knowledge, and negotiation skills, making the process smoother and helping you find the right home at the best price.
