faq
faq
Frequently Asked Questions
Am I ready to be a homeowner?
It’s always a great time to be a homeowner. The question is, are you ready to be a great neighbor?
Is renting or buying better?
Historically it has always been better to own real estate. The two greatest investments you can make is in yourself and real estate.
where do i start?
It is typically better to start your journey by getting preapproved for a mortgage.
What do I look for in homes?
A home in a great neighborhood to suit your needs and desires. If you want to get the best experience possible out of your new home, then it is imperative to choose a neighborhood that reflects your values.
Do I need a home warranty?
Home warranties are great for homes that may have aged systems in place, but it is a personal choice depending on your individual risk assessment.
What should I expect at closing?
If you bring everything you need on closing day, get ready for a John Hancock party! Here’s what to expect:
- You’ll pay any remaining closing costs, as listed in your Closing Disclosure.
- The seller will sign documents to transfer property ownership.
- You will sign a:
- Settlement statement that lists all costs related to the home sale.
- Mortgage note stating your promise to repay the loan.
- Mortgage or deed of trust securing the mortgage note.
What is pre-approval?
A mortgage pre-approval isn’t a promise that you’ll get a loan for the home you want to buy. A mortgage pre-approval only means a loan officer has looked at your finances—your income, debt, assets, and credit history—and determined how much money you can borrow, how much you could pay per month, and what your interest rate will be.
Can I ask you for advice?
We have a great team of Realtors with a wealth of knowledge from all over the country that will be more than happy to assist you. Please click the contact tab to be connected with a real estate pro in a desired area.