Dominos

Didn't find what you're looking for? Ask an agent.
 

Frequently Asked Questions

How much of a down payment will I require?

It depends. Many homebuying programs are available that can assist you in purchasing a new home. Some programs are specifically for first time buyers. Depending on the program, you may not have to put up any money for a down payment. The goal is to find the program that is right for you.


Can I qualify for a loan?

It depends. Qualifying methods vary among the various programs. Depending on the program, you may not need to qualify. The goal is to find the program that is right for you.


For Sale by Owner?

A house that's "for sale by owner" may sell as quickly, and for as much as it would have if it had been listed with a real estate agent. Then again, the house may fail to sell at all, due to mistakes made by the home seller.

A Real Estate transaction involves many factors. Disclosure laws, deadlines, correct sale price, title clearance and location, condition and size of the house are just a few of the many factors involved.

With their experience and knowledge of Real Estate, an agent will avoid mistakes so that the transaction is completed quickly and correctly.


What is equity?

Equity is the cash value of your home minus the current loan balance(s).

When selling a house, equity is the cash value of a house minus the current loan balance(s) and minus all costs incurred during the sale of the house.


Do I need flood insurance?

Ask your insurance agent, mortgage company or your next door neighbors about flooding in your area. If a potential for flooding exists, then consider purchasing a policy that covers both the structure and your personal belongings.



DISCLAIMER: No warranty is expressed or implied, for the accuracy of this information or it's applicability to your personal situation. Please consult your own Real Estate Agent and/or financial advisor.
spacer spacer spacer spacer spacer