FAQ

What are the first steps in the home-buying process?

- The first step is to get a pre-approval for a mortgage, this process involves reaching out to a lender, who will assess your financial situation. - Initial Documents: Not a comprehensive list - 2 months of bank statements - 2 years of W2s + tax returns - Most recent paystubs
How does a real estate agent get paid?

- An agent earns a commission based on the property's sale price - Commission is typically a percentage agreed upon before listing the property - Commission is paid upon the successful completion of a sale.
How long does it typically take to buy a home?

The home-buying timeline varies based on your situation. Typically: - Home search: This phase can take a few weeks to a couple months. NAR (National Association of Realtors) measured about 10 weeks until a buyer puts an offer down on a house. - Offer to Closing: Once an offer is accepted, the closing process can take 30 to 45 days. This period includes inspections, appraisals, and mortgage contingencies.