Home Buyers FAQ's

Buying a home is both thrilling and a bit unnerving, especially if you're a first-time home buyer. Before you begin your Livingston and Oakland County home search, it is recommended that you prepare yourself for the journey by educating yourself. 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 Livingston and Oakland County real estate markets.

  • 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.

If you would like even more resources to help you on your buyer’s journey, request our free Buying Guide or contact us—we’re happy to answer your questions.

Q: With all the bad news about mortgage products and home foreclosures, how do I avoid making a big mistake when deciding which type of loan to select?

A: Ultimately, you'll need a really sharp real estate team to protect your interests! 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.

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 an FHA or VA loan?

You can also use our free mortgage calculator to compare your potential loans. If you’re still having trouble, contact us and we’ll help guide you through the decision process.

Questions? Just Ask!

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