Listly by Kyle Hiscock
Source: http://www.rochesterrealestateblog.com/top-frequently-asked-questions-home-buyers/
One of the most important steps to successfully purchase a home is to get pre-approved for a mortgage before shopping for homes. The primary reason to get pre-approved for a mortgage before shopping for homes is to ensure you're looking at homes that are within the price range that you can afford.
Should I continue to rent or buy a home? This is one of the most FAQs from home buyers. There are some real estate agents out there who will tell every potential home buyer that buying a home is the best idea, which is not the case.
Whether you're selling your home or you're in the market to purchase a home, seller concessions are something you should be aware of and have a good understanding of. Seller concessions effect both buyer's and seller's, in two completely different ways.
When competition increases in a housing market, it can sometimes be difficult to find an ideal home before another buyer gets to it. It is not uncommon to find the perfect home right as another buyer has signed a contract with the seller. This of course can lead to a lot of disappointment on a buyers part.
Every current homeowner had to start the home buying process for the first time at some point. We all have to go through it eventually, but it doesn't always have to be hard. Now, with so much information readily available online, home buying is easier than ever!
The Good Faith Estimate, or GFE, is an extremely important document for potential homebuyers. Required by law to be provided within 3 days of your application, it is an estimate of the potential closing costs associated with a loan from a particular lender.
Licensed Real Estate Salesperson, e-PRO®, & REALTOR® at RE/MAX Realty Group | Visit My Website at http://www.RochesterRealEstateBlog.com