FAQS
It depends on pricing, condition, and current demand. In today's market, you’re looking at 45-120 days. Pricing too high is the #1 reason homes stay on the market longer.
You have options:
contingent offers, rent-backs, temporary housing strategies, bridge loans...
I help you create a plan that doesn’t leave you worried or scrambling to figure something out.
Absolutely! Most people think they need 20% down and they many times don’t. Depending on the loan, you might need 3%, or even less for certain programs. Your real cost is the down payment + closing costs. I help you map out exact numbers before you start looking so you’re not blindsided. Having a pre-approval ready to go also ensures you are ready to move forward with an offer as soon as you find the right property.
These are your safety nets: They are usually the inspection contingency, the appraisal contingency, and the loan contingency.
They protect you from making a bad or risky purchase.
It’s the money you will deposit in to escrow once the Seller has accepted your offer. It shows your commitment to following through with the purchase. If the deal closes, it goes toward your down payment. If the deal falls through under a protected contingency, it is refunded to you.
Inspection issues are completely normal.
We can renegotiate the price, request repairs, or ask for credits. If the problems are too big, you can walk away within your inspection period and your deposit will be refunded. (depending on your contingencies).
Compass Brokerage License #01991628 Agent CA License #01268191