Key Considerations When Buying Your Home - Buyer's Handbook
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Frequntly Asked Any Questions
It depends on various factors like location, size, budget, and preferences. Single-family homes offer privacy, while condos often have shared amenities and less maintenance.
Consider proximity to work, schools, amenities, safety, neighborhood vibe, future development plans, and property appreciation potential.
Your affordability depends on your income, existing debts, credit score, down payment, and interest rates. A mortgage lender can help determine your borrowing capacity.
Once you find a property, you'll make an offer through your real estate agent, specifying price, terms, and contingencies. The seller may accept, reject, or negotiate the offer.
Closing costs are fees paid at the closing of a real estate transaction. They include appraisal fees, title insurance, attorney fees, property taxes, and lender costs.
While not mandatory, a real estate agent provides expertise, negotiation skills, market knowledge, and streamlines the process, making it highly recommended for most buyers