FREQUENTLY ASKED QUESTIONS

 

Buyers

  • How is the value of a home determined?
  • Who keeps personal property, such as furniture, when a home is sold?
  • How do I learn the most about a particular home?
  • Are fixer-uppers a good investment?
  • What should be considered when buying a new home?
  • Can a vacation home be a wise investment?
  • What is the first thing I do when looking for a home loan?
  • What is a title report and do I need one?
  • Are foreclosures an option?
  • What is title insurance and do I need it?
  • Do I need home owner's insurance?
  • How do I get information on my current housing market?
  • What are home owners fees and regime fees?

Sellers

  • How is the value of a home determined?
  • How does an appraiser determine the value of a home?
  • How can I find out what the proper price is to sell my home?
  • Who keeps personal property, such as furniture, when a home is sold?
  • How do I get information on my current housing market?
  • What can I do to help sell my home?
  • How can I determine the listing price of my home?
  • What expenses are there in selling a home?
  • Can I have my own open houses if I have an agent?
  • Why do I need a real estate agetn to sell my home?
  • How is the commission determined?

Owning a Home

  • What are the benefits of buying over renting?
  • How can I improve the value of my home?
  • Is there a good return on large remodeling jobs?
  • What are home owners fees and regime fees?

Investing in Real Estate

  • What are the benefits of buying over renting?
  • Are fixer-uppers a good investment?
  • Can a vacation home be a wise investment?
  • Are foreclosures an option?

Foreclosures

  • Are foreclosures good investments?
  • How do you find Government-possessed homes?
  • How do you find foreclosures?
  • What are problems that come with buying a foreclosure?
  • How do you get financing for a foreclosure?
  • Are fixer-uppers a good investment?

Financing

  • What is the first thing I do when looking for a home loan?
  • What are the different types of financing I can get?
  • What is a lease option?
  • When is the best time to refinance?
  • What is a reverse annuity mortgage?
  • What is the advantage of an all cash offer?
  • What are assumable loans?
  • How can I clear up my credit?
  • How do you get a low interest rate loan?
  • Are they negotiable?
  • What is APR?
  • How do you choose between fixed and adjustable rates?
  • Can I buy a house with no money down?
  • What are the benefits of seller financing?

Taxes

  • How do you determine the taxes paid on a property?
  • Are property taxes deductible?
  • Are property taxes on a second home deductible?
  • Are points deductible?

Insurance

  • What is title insurance and do I need it?
  • Do I need home owner's insurance?

Closing Costs

  • Who pays closing costs?
  • How can I save on closing costs?
  • Are closing costs negotiable?
  • What do closing costs include?
  • What is a title report and why do I need one?

Home Inspections

  • How does an appraiser determine the value of a home?
  • What is a home inspection?
  • How do I find a home inspector?
  • Do I need a home inspection?