🧠 Real Estate FAQ – For Buyers & Sellers

🔑 Buyer FAQs

Q: Do I need a pre-approval before house hunting?
A: Yes! A pre-approval from a lender shows sellers you’re serious and helps you understand what you can afford.

Q: How much do I need for a down payment?
A: It depends. Most buyers put down 5–20%, but some loans (like FHA or VA) allow as little as 3% or even 0% down.

Q: How long does it take to buy a home?
A: On average, 30–60 days from accepted offer to closing. Add a few weeks for house hunting and pre-approval.

Q: What are closing costs, and how much are they?
A: Closing costs are fees for things like the loan, appraisal, and title. They’re usually 2–5% of the purchase price.

Q: Can I back out after making an offer?
A: Yes, within certain contingencies (like inspection, financing, or appraisal). Your agent will guide you on your options.

Q: What’s included when I buy a house?
A: Typically, major appliances like the stove and dishwasher stay. Items like furniture or décor are usually not included—unless negotiated!

🏡 Seller FAQs

Q: When is the best time to sell my home?
A: Spring and early summer tend to be busiest, but with the right strategy, homes can sell year-round.

Q: How do I price my home correctly?
A: I’ll run a comparative market analysis (CMA) to price your home based on recent local sales and market conditions.

Q: Should I make repairs before listing?
A: It depends on your goals. Small fixes and cosmetic touch-ups can boost value. I’ll advise what’s worth doing.

Q: How long will it take to sell?
A: That depends on price, condition, and market demand. Average time varies, but I aim to sell quickly and at top value.

Q: What are seller closing costs?
A: Common costs include agent commissions, title fees, and sometimes a portion of buyer’s closing costs if negotiated.

Q: Do I need to move out before I list my home?
A: Not always, but a clean, clutter-free home shows better. I can help with staging advice whether you’re living in the home or not.