When should you stop renting and buy a home?

That’s completely up to you. There are questions that you need to ask yourself before deciding if buying a home is the right decision for you. How long you plan on staying in your home is important to consider; if it’s only a short period, renting is probably the way to go.

Should I sell my current home before buying a new one?

Sometimes the equity that’s in your current home is used as a down payment for your new home; it’s that’s the case then your current home will need to be sold first. If you’re keeping your current home as an investment property, then there’s no need to sell.

Should I hire a realtor when buying a home?

It’s up to you, but we highly recommend having a realtor. Buying a home without a realtor can make the process more difficult.

How many homes should I look at before putting an offer on a home?

There’s no specific no answer to this question. It can vary for everyone depending on their wants and needs. But stay patient. Finding the right home could take time.

How much do I need to put down for a down payment?

There are several different programs for Home Buyers to cater to your available funds for down payments. FHA loans require only 3.5% down, some conventional financing programs offer only 3% down or the standard conventional financing options are 5% down or more.

How do I determine a good offer?

Ask your real estate agent. This is exactly what your agent is here for. You’ll need to consider a few things like other properties in the area, how long the homes been listed, physical condition, etc.