Questions: Home Buying

Ensure items like security systems or water heaters are not leased.

Typically, no. The seller pays commission for both agents at closing.

A general rule is to keep total housing payments (including taxes and insurance) below 28% of your gross monthly income. home buying questions

Yes, qualified buyers can use USDA or VA loans for zero down payment. II. Choosing the Right Home & Property

Lenders evaluate Capacity (income/debts), Capital (savings), Credit (score), and Collateral (the home itself). Ensure items like security systems or water heaters

A deposit showing you are committed (usually 1-2% of the price) that applies to the down payment.

Final documents are signed, and you officially take ownership. IV. Neighborhood & Location Factors 10 Questions to Ask Before Buying a Home A general rule is to keep total housing

A guideline for financial health: save 3 months of living expenses, have 3 months of mortgage payments in reserve, and thoroughly research 3 properties.