Q: I want to buy a house, how do I get started?

A: The best "first step" is to contact a good lender to get pre-approved.  That way you will know what your true buying power is.  Additionally, when it comes time to place an offer you will need to submit your pre-approval letter with the offer so it's good to have the approval completed in case your dream house comes on the market and you need to move quickly.  If you need a referral to a lender, just ask us.

Q: I'm thinking of selling, what's my next step?

A: Call us!  We will set up a time to come and look at your house and determine what the current market value is.  We will show you comparable homes that have sold near you and assist you in determining what price to list it at.  We will also give you estimates of what the costs are to sell.  Also, please be assured, this is a no obligation visit. 

Q: Who pays for what fees in a real estate sale?

A: The Seller Generally Pays For:

  • Real Estate Commission
  • Escrow Fees (50%)
  • Document Preparation Fee
  • Documentary Transfer Tax ($1.10 per $1000 of sale)
  • Any Loan Fees Required by Buyer’s Lender (Gov’t Loans)
  • Payoff of All Loans in Seller’s Name
  • Interest Accrued to Lender Being Paid Off
  • Termite Inspection and Correction (Per Contract)
  • Home Warranty (Per Contract)
  • Any Judgments, Tax Liens, etc against the Seller
  • Tax Proration
  • Any Unpaid HOA Dues
  • Recording Charges to Clear all Documents of Record Against the Seller
  • Any Bonds or Assessments (Check Contract)
  • Any and All Delinquent Taxes
  • Homeowner’s Title Insurance Policy
  • Homeowner’s Association Transfer Fee and Prep Fee
  • Zone Disclosure Report

The Buyer Generally Pays For:

  • Title Insurance Premium for Lender’s Policy
  • Escrow Fee (50%)
  • Document Preparation (if applicable)
  • Recording Charges
  • Termite (Per Contract)
  • All New Loan Charges
  • Interest on New Loan from Date of Funding to 30 Days Prior to First Payment
  • Inspection Fees
  • Fire Insurance Premium (1st Year)
  • Next Month’s HOA Fees

Q: Should I get a property inspection before purchasing a property?

A: Absolutely.  A home inspection is your chance to have an expert look at the "bones" of the house.  In today's market with flippers everywhere this is especially important.  A house could have recently been updated with all new flooring, paint and fixtures, but underneath all that glitter is an shaky foundation, leaking pipes or an old roof.   While it's important to realize that there are likely going to be some problems with any home you purchase, you want to know what those problems are, as well as make sure there are not too many issues for your budget.