Clients are always worried they will be handed a bill for  the realtor’s time and expertise at the end of their home purchase. You’ll be happy to learn that normally the seller pays the Realtor’s fees, since there is a contract between seller and agent. When the seller pays all the Realtor’s fees associated with selling the home, the seller pays the Realtor’s brokerage and the brokerage distributes the earned commission to all the parties involved which generally includes the buyer’s agent.

Longer than you think. This is not an easy question to answer because every home sale is truly different. After you finally find a home you want to buy and your offer is accepted, it can typically take 30 – 45 days to close on your loan. So, if it takes 4 months to find a home you like, it will take probably another 2 months to close.

Yes. A home inspector is usually confused with a real estate appraiser. A home inspector determines the condition of a structure, whereas an appraiser determines the value of a property. You will most likely need both when buying your first home, and you’ll be paying for both as well.

Your mortgage loan officer can help you with these calculations, and if you don’t know one, we work with a great loan officer who is an expert at calculating income, something that most loan officers have trouble with, resulting in many clients not qualifying for a loan or getting an incorrect prequalification. When clients get an incorrect prequalification, they usually end up falling out of escrow because the bank is no longer willing to move forward with the client. Ask me who my preferred lender/loan officer is!

When you hear the phrase “in escrow”, it means that all items placed in the escrow account (e.g., earnest money, property deed, loan funds) are held with an escrow agent until all conditions of the escrow arrangement have been met. The conditions usually involve receiving an appraisal, title search and approved financing. While the earnest money is in escrow, neither you nor the seller can touch it. Once conditions are met, the earnest money will likely be applied toward the purchase price or your down payment on the home.

The first step is to contact me so we can chat about what you’re looking for, when you want to buy, and so the loan officer and I can start working on your file by collecting the initial documents you will need to start your pre approval process.
These documents are:
Copy of ID/DL
Copy of Social Security Card/ITIN
Last 2 Months of Bank Statements
Last 2 Years of W2’s