FIRST TIME HOME BUYER FREQUENTLY ASKED QUESTIONS
How do I know if this house is a good deal?
We’ll compare it to similar homes nearby, look at the neighborhood, and help make sure you’re not paying too much.
We’ll compare it to similar homes nearby, look at the neighborhood, and help make sure you’re not paying too much.
Can I cancel if something changes?
Yes! You have built-in “outs” in your contract — called contingencies — that let you back out if something big comes up.
Yes! You have built-in “outs” in your contract — called contingencies — that let you back out if something big comes up.
What if something’s wrong with the house?
We’ll get a home inspection. If problems show up, we can ask the seller to fix them, give a credit, or lower the price.
We’ll get a home inspection. If problems show up, we can ask the seller to fix them, give a credit, or lower the price.
What if I can’t get a loan?
No worries — if you try and can’t get approved, you can cancel during the loan contingency and get your deposit back.
No worries — if you try and can’t get approved, you can cancel during the loan contingency and get your deposit back.
Do I lose my deposit if I make an offer?
Not if you follow the timeline! Your deposit is protected during the contingency periods, kind of like checkpoints.
Not if you follow the timeline! Your deposit is protected during the contingency periods, kind of like checkpoints.
What if the seller won’t fix things?
You decide what happens next. You can move forward, walk away, or try negotiating a credit instead.
You decide what happens next. You can move forward, walk away, or try negotiating a credit instead.
Do I have to stay with the same realtor?
No, but having someone you trust makes the process way smoother. We’re here to earn your trust and make it easy.
No, but having someone you trust makes the process way smoother. We’re here to earn your trust and make it easy.
What are closing costs?
These are the final costs to finish the deal, like loan fees, title, and taxes. We’ll give you a heads-up so you’re not surprised.
These are the final costs to finish the deal, like loan fees, title, and taxes. We’ll give you a heads-up so you’re not surprised.