Central Ohio Home Buyers FAQ's

Answering Your Home Buying Questions

Purchasing a home is an exciting yet somewhat daunting experience, particularly for first-time buyers. Both seasoned and novice buyers can gain insights from the frequently asked questions provided. It's advisable to embark on your home search with ample preparation and education. Doing so will equip you as an informed buyer, ready to make a well-founded decision in purchasing a home.

Q - I've never purchased a home before.  Where should I begin?

A -Researching and reading up on real estate is an excellent start to becoming an informed buyer. Before you dive into specific areas, neighborhoods, or homes, here are some key priorities to focus on:

1. Understand Your Finances: Get a clear picture of your financial situation.
2. Learn About the Central Ohio Market: Gain insight into the local real estate landscape.
3. Review Your Budget: Scrutinize your budget and work on reducing any debt.
4. Prepare Your Down Payment and Earnest Money: Have these funds ready for when you’re ready to make an offer.

As your Trusted Real Estate Advisers, we will safeguard your interests and handle all the details of the transaction to ensure your complete satisfaction. Even for experienced buyers, a refresher on the real estate process can be helpful. Of course, having a sharp real estate team to look out for your interests is essential!

Q - Which type of loan should I select 

A - There are many lending programs available, so it’s important to consult with a lending professional before making an offer on a home. We can recommend several trusted lenders, or you’re welcome to choose your own. The type of loan you qualify for will depend on various factors such as your down payment, credit score, and income-to-debt ratio. The lender will help determine the best loan program to suit your needs.

Consider the following questions:
- How much money do you have for a down payment?
- How long do you plan to stay in the home?
- Do you qualify for an FHA or VA loan?

Let's Get Started!

Are you ready to schedule your home buying consultation?  If so, contact us today and together we will review your needs and your budget to help you find the right home for you!