FAQs

Down payment requirements vary by loan type. Conventional loans typically require 3-20%, FHA loans as little as 3.5%, and VA/USDA loans may require 0% down. We'll connect you with lenders who can explain your options based on your financial situation.

Pre-approval is much stronger. Pre-qualification is a quick estimate, while pre-approval involves verification of your finances by a lender. In competitive markets, sellers often won't consider offers without pre-approval.

We'll provide a Comparative Market Analysis (CMA) showing recent sales of similar properties, current competition, and market trends. This data-driven approach ensures you're making an informed offer.

An inspection evaluates the home's condition (for your benefit), while an appraisal determines the home's market value (for your lender). Both are crucial steps in the buying process.

Yes, under certain conditions. Your contract will include contingencies (inspection, appraisal, financing) that allow you to withdraw if specific conditions aren't met. We'll explain all your protections.

From offer acceptance to closing typically takes 30-45 days, though this can vary based on financing type, inspection results, and other factors. We'll provide a detailed timeline once you're under contract.

Closing costs typically range from 2-5% of the purchase price and include lender fees, title insurance, appraisal, inspection, and other charges. We'll provide an estimate early in the process so there are no surprises.

This depends on your risk tolerance and the specific situation. We'll never pressure you to waive protections, but we'll explain the pros and cons so you can make an informed decision.