Home Buyer Frequently Asked Questions? (FAQ's)

GENERAL QUESTIONS 

Who pays closing costs?

How soon do I need to apply for a loan once the contract is accepted?

How much earnest money should I submit with the offer?

When can we close on the home we are purchasing?

Do I get the property inspected?

What if something turns up during the inspection?

AT THE CLOSING

What’s a closing?

What do I need to bring?

Your title agent will receive the loan package from the Lender in time to provide you with figures prior to closing. The figures are on a Settlement Statement (HUD-1). In the event your figures change before the actual closing, the title agent will probably accept a personal check for the difference at the closing table.

• How much house can you afford?

• What if I pre-pay my mortgage?

• Mortgage Calculator

  Download Risa's Buyer Guide by clicking here