Your New Home Awaits!
We do more than just help clients buy houses. By working closely with you, discerning your needs and wants, we perfectly match you with homes that not only fulfill your lifestyle, but enhance it as well. It’s all part of our exceptional effort to provide an outstanding service that is second to none, so you can…
Live the Life You’ve Always Wanted
In doing so, we’ve developed a substantial proven track record for finding exactly what you want and negotiating the best deal possible. Our client-first approach allows you to feel confident in the results and cared for every step of the way.
Turning Dreams into Reality Every Day
From consultation to closing, we’re excited to draw on our years of expertise and knowledge to help you gain an advantage in the market and get the absolute most out of your home-buying experience. We’ll offer the keys to your success as well as the keys to your new home!
home buying process
How do I know if I’m ready to buy a home?
•Do you have a steady source of income (usually a job)?
•Have you been employed on a regular basis for the last 2-3 years?
•Is your current income reliable?
•Do you have a good record of paying your bills?
•Do you have few outstanding long-term debts, like car payments?
•Do you have money saved for a down payment?
How large does my down payment need to be?
When considering the size of your down payment, consider that you’ll also need money for closing costs, moving expenses, and – possibly -repairs and decorating. There are mortgage options now available that only require a down payment of 5% or less of the purchase price.
The larger the down payment, the less you have to borrow, and the more equity you’ll have. Mortgages with less than a 20% down payment generally require a mortgage insurance policy to secure the loan.
How much money will I have to come up with to buy a home?
This expense depends on a number of factors, not just the cost of the house and the type of mortgage you would like. You should plan to come up with enough money to cover three costs: earnest money – the deposit you make on the home when you submit your offer (to prove to the seller that you are serious about wanting to buy the house), the down payment (a percentage of the cost of the home that you must pay when you go to settlement), and closing costs (the costs associated with processing the paperwork to buy a house.)
You will pay the closing costs at settlement. This amount averages 3-4% of the price of your home. These costs cover various fees and processing expenses. When you apply for your loan, we will give you an estimate of the closing costs, so you won’t be caught by surprise.
What is an escrow account? Do I need one?
Established by your lender, an escrow account is a place to set aside a portion of your monthly mortgage payment to cover annual charges for home owner’s insurance, mortgage insurance (if applicable), and property taxes. Escrow accounts are a good idea because they assure money will always be available for these payments. If you use an escrow account to pay property tax or homeowner’s insurance, make sure you are not penalized for late payments since it is the lender’s responsibility to make those payments.