Real Estate Buyer Resources
Buyer's Frequently Asked Questions Answered
Answering Your Home-Buying Questions In Duxbury And Across The South Shore
Buying a home is both thrilling and a bit unnerving, especially if you're a first-time home buyer. Both experienced home buyers and first-time buyers alike will benefit from the frequently asked questions below. Before you begin your home search, it is recommended that you prepare yourself for the journey by educating yourself about the home-buying process. This will ensure you are a knowledgeable home buyer prepared to make a confident home buying decision.
Q - I've never purchased a home before. Where should I begin?
A - Actually, you've already started the process. Fact-finding and reading articles is a great way to become a smart consumer. The highest priorities to focus on before you begin searching for specific areas, neighborhoods, or homes would be to:
- Familiarize yourself with your personal finances.
- Learn about the area you'd like to buy in.
- Carefully review your budget and begin to eliminate as much debt as possible.
- Have a down payment and earnest money ready when the time comes to act and make your offer.
Your next step is to contact us. As your home buying specialists, we'll protect your interest and manage the details of the real estate transaction on your behalf to your complete satisfaction. For more experienced buyers, a little brush up on the real estate process wouldn't be a bad idea. Of course, you'll need a really sharp Specializing in Duxbury MA and the entire South Shore real estate team to protect your interests too!
Q - How do I decide which type of loan to select?
A - Once we meet and review your finances, along with your home buying needs, you should select a lending consultant. We can recommend several trusted lending professionals or you can choose your own. Having utmost confidence in your lender is important. Be sure you feel completely at ease with them. They should speak to you in easy to understand terms. Ask lots of questions and never sign any document until you know what you are signing and feel completely at ease signing it. More and more lending professionals are recommending fixed interest rate loans and interest rates are still very attractive. Of course, the type of loan best for you depends on several factors. Here are just a few:
- How much money do you have for a down payment?
- How long do you plan to live in the home?
- Do you qualify for a FHA or VA loan?
Q - How much will it cost me to use a buyer's agent?
A - Good news! A buyer's agent is paid for by the seller. The seller pays commissions for both the listing agent and the buyer's agent. This means there is no reason for you to go into a real estate transaction unrepresented. Call Movementum today and we can help.
Because more homes are on the market here in Duxbury, MA and the entire South Shore, your choices are plentiful and the time is right for you to buy!
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 find the home for you whether in Duxbury, or anywhere else on the South Shore of Massachusetts!