Real Estate FAQ’S
Q: How do I find a home inspector to check the overall condition of the property I write an offer on?
Q:Where do I get information on housing market stats?
Q: What standards do appraisers use to estimate value?
Q: Are fixers a good idea in bad areas?
Q: Who gets the wall coverings & light fixtures when a home is sold?
Q: What is the difference between market value and appraised value?
Q: How do I determine what my home is worth?
Q: What kind of home insurance (Fire/Hazard Insurance) should I get?
Q: How do you choose between buying and renting?
Q: Is a low offer a good idea?
Q: How do I figure out the homeowners association?
Q: What are some tips on negotiation; and will my Agent know how best to position me in the submittal process?
Q: What home-buying costs & listing costs are deductible? Explain the home mortgage deduction?
Q: What are closing costs? Who pays the closing costs?
Q: Why do I need a title report?
Q: Tell me more about ARMs? What are they? I’ve heard that its risky & that buyers should stay with fixed loans but ARM’s are more affordable in markets when rates are low.