Questions frequently asked by Home Buyers
How do I know what price range I can afford in a house? There are many resources on the web which will calculate your mortgage payment on a house at different lending rates, or you can call a mortgage broker and they will help you find out what you can afford. Always remember to allow for property tax, insurance and maintenance costs in figuring out what you can spend on a monthly basis for your house. Once I start working with a real estate agent, they work for me, right? Technically, an agent works for the seller unless other arrangements are made. When you first meet with an agent, they should have you sign a disclosure form, which says that they have explained this to you. Although an agent is responsible to the seller of a house, this does not mean that they will not work hard to meet your needs and help you all they can in finding the right house at the right price. What is a Buyer’s Broker? A Buyer’s Broker represents you and your interests rather than the seller...