Frequently Asked Questions
Are you licensed and insured?
Yes! I all of our agents are Florida licensed and insured Real Estate Agents.
What primary services do you offer?
Residential Real Estate Sales
What is the first step in the home buying process?
Getting pre-qualified.
What is a sellers market?
A seller’s market occurs when demand exceeds supply, or there are more buyers seeking to purchase homes than there are available homes on the market. This often leads to multiple buyers interested in a single property, resulting in bidding wars.
How long does it take to buy a home?
Once you are in escrow, approximately 30-60 days.
What is a buyers market?
A buyer’s market occurs when the supply (available homes for sale) exceeds demand (the number of buyers seeking to purchase homes).
How much do I have to pay an agent to help me sell a house?
Normal Commission Rates range between 4%-6% of the selling price.
What is an EMD?
An EMD is an Earnest Money Deposit. You will put down a deposit with the closing company once you are under contract to purchase a house. This money is held in escrow until you close on your home. This deposit can range anywhere from as little as $500.00 up to 1% of the purchase price.
Should I order a home inspection?
Yes! I always recommend having a professional licensed home inspector perform a home inspection.
How much do I need for a down payment?
This can depend on the type of loan you are using to purchase the house. However, this amount can range anywhere between $0- 30% of the purchase price.
What is an appraisal?
An appraisal is an estimate of the value of the home determined by a licensed and experienced appraiser. They are usually required by a lender to determine how much the property is worth in ascertaining how much they will loan on the property.
What are Closing Costs?
Closing costs are expenses incurred by buyers and sellers when the ownership of the property is transferred. These are usually negotiable items as to who will be responsible for their payment. Examples of closing costs include recording fees, documentary fees, real estate commission, taxes prorations, settlement fees, survey costs, and title insurance.