There is a difference!

Top 10 Agent Protocol Tips – Rules for Working With Agents

1. Understand Agents Work on Commission Very few real estate agents work on salary. Most real estate agents are paid commission. If an agent does not close a transaction, she does not get paid. Agents are not public servants and do not work for free. Do not ask an agent to work for you if […]

How Do Real Estate Agents Differ?

In most states a real estate agent must disclose which party he or she works for–by default usually the home seller, and disclosure typically occurs during the first substantial contact with a home buyer. Here’s a brief look at some of the details you might hear during disclosure: Seller’s Agent An agent working for the […]

What does “Pre-Qualification” mean?

In a pre-qualification, you will be asked basic information about yourself and the type of home you are interested in buying. You will have the opportunity to view various mortgage programs and their rates. This will help you narrow down which mortgage programs best fit your needs before you apply

Where do you go to close on a property?

You will go to a local title company or attorney who will perform the closing. All your mortgage documents will be waiting for you at closing as well as any other documents requiring your signature.

Can you apply for a loan before you’ve found a property?

Yes! You have the opportunity to get pre-approved for a mortgage today. A pre-approval will take into consideration your personal information such as income, debt and credit history. If you receive a pre-approval, we will use this information to determine your maximum loan amount. Once you find a property we can complete the remaining pieces […]

Do you need help choosing a lender?

Trying to choose a lender can be a difficult task. Start by asking for referrals from friends, family, neighbors and your real estate agent. If you are building, ask the builder for a referral, since most are willing to help you find financing. Find out what kind of rates the lender offers and the terms […]

How do I know if I can get a loan?

If the amount you can afford is significantly less than the cost of homes that interest you, then you might want to wait awhile longer and save up your money. But before you give up, why don’t you contact me? I may be able to help you evaluate your loan potential and find something that […]

How much money will I have to come up with to buy a home?

The amount of money required to purchase a home depends on a number of factors, including the cost of the house and the type of mortgage you get. In general, you need to come up with enough money to cover three costs: earnest money, down payment and closing costs. When you make an offer on […]