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SELLER FAQS

WHAT'S THE FIRST STEP IN THE HOME SELLING PROCESS?

The very first step of the selling process is to set up a free consultation with me to determine what your home will sell for, how we can market it in the best light and what the process looks like.  If you’re considering selling, send me a message and we will set up a a time to do this!

IS NOW A GOOD TIME TO SELL MY PROPERTY?

People always ask: “how’s the market?” 

But actually; the decision to sell your house shouldn’t be solely based on market conditions.  Some signs you are ready to sell are:

When you’ve built up a good amount of equity; 
When you’ve got cash in the bank and no debts; 
Or when you can afford a new home that fits your lifestyle better… 
Shoot me a message and I can help you determine your answers to these by running a free market analysis for you!

HOW DOES IT WORK TO SELL OUR CURRENT HOME AND BUY A NEW ONE?

Selling a house while buying a new home can get complicated – there’s no doubt about that.  Making sure two transactions are going smoothly simultaneously so that the closings will align can be stressful.   But that’s why you hire a professional to help you through this tricky process.  As an experienced and skilled real estate agent, I can help you through both transactions to keep everything on track for you. I am strategic in my contracts and negotiations so in the event that something unforeseen were to occur, you are not left in a position of being homeless or feeling pressure to have to purchase/sell.  If this is or will be your situation, feel free to send me a message so we can chat about it.

BUYER FAQS

WHAT'S THE FIRST STEP IN THE HOME BUYING PROCESS?

You may hear me say this a ton, but I’ll say it again! The first step is to get a pre-approval letter from a mortgage lender.
They will go over your financial records and determine how much home you can afford.
It’s important to do this BEFORE looking at homes because you have to include your pre-approval letter with any offer you make. If you don’t do this beforehand, you could miss out on getting the perfect home to someone who already had their pre-approval letter.
Feel free to ask me for my lender recommendations!

DO I NEED 20% DOWN TO BUY A HOUSE?

You do NOT need 20% down to buy a house.

While 20% is ideal because you’ll pay less in interest & fees and start with more equity in your home, most Americans actually do not put down 20%

13% is the average downpayment on a US home
7% is the average downpayment for first-time buyers (these stats are from realtor.com)

In fact, you can put as little as 3% down on a home!  If you are a veteran, there is a program to allow you to put 0% down, so there are LOTS of options.  Don’t stress – a good mortgage lender will help you determine how much you can and should put down.  If you need a recommendation for a good lender, I have plenty of names and numbers that I would be happy to refer you to.

HOW DO I KNOW IT'S TIME TO STOP RENTING AND PURCHASE A HOME?

I get this question a ton, and these are some of the questions I recommend asking yourself:

  1. How much money do you have saved up for a down payment? 

  2. Do you plan to stay in the area for at least a couple of years or could you be moving soon?

  3. How is your credit score?

Send me a message and I’ll send you a copy of my Renting vs. Buying Guide! 

Contact Me

Rancho Cucamonga, CA 91701, USA

909.367.3280

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