Unless you plan on paying with cold hard cash, your first step will be to get pre-approved for a loan. Once you get pre-approved, you will know with more pin-point accuracy the price of the home you can afford.
Your Sunrise Land Company Realtor will handle everything you need from the beginning to the end. That includes paperwork, negotiations, inspections and so much more. Learn more about who we are here.
The answer may surprise you, it’s no longer 20%. All loan options are different, but the average down payment is now 3% to 5%. If you or the property you would like to purchase qualifies for a VA or USDA loan, you aren’t required to put any money down.
Yes, you definitely can. We would highly recommend working with a Sunrise Land Company Realtor to help make the transition between selling and buying as seamless as possible.
In pre-qualification, you receive an estimate of what you may be able to borrow. This is a quick way to know what price range you should be looking in. Pre-approval means a financial institution has agreed to work with you and has taken a thorough look through your finances. Learn more about the pre-approval process.
You should see as many homes as you can or until you find the perfect home. On average, home buyers will look at hundreds of homes online but will see a handful of homes in person before writing an offer. If you’re looking for a way to narrow down your search, sign up for a personal shopper report.
Your Sunrise Land Co. Realtor will help walk you through writing an offer on your dream home and will then handle the negotiating for you.
While you can never know the exact worth of the home you are buying, Sunrise Land Company’s Agents are experts at providing both buyers and sellers with accurate valuations.
You can always back out of a deal, but you may have to forfeit the earnest money you had already put down with the offer. Earnest money is typically around 1%-2% of the home’s price.
Closing a deal can typically take 30 to 40 days. It can vary, but that is the standard in the industry.
