We’re here to help with answers to these questions and any others.
Is it better to rent or buy?
It’s important to make the most-informed decision you can. Renting can provide flexibility and less responsibility. Home ownership gives you an asset to help grow your net worth. Each person’s circumstances are unique. Talking to a licensed realtor can help you determine what may be best for your situation in the current market.
Am I ready to buy a home?
Home ownership comes with big responsibilities like maintenance, a mortgage, and insurance. You need to qualify for a mortgage payment that doesn’t take all of your budget. If you’re not sure your finances are in order, reach out. We can put you in touch with experts that can advise you based on your situation.
Should I buy a home warranty?
A home warranty is not required but if you choose to have one, it can help cover unforeseen expenses that may arise with the home. This may be particularly helpful during the first year or two, when funds may be a little tighter due to the purchase of your home and other items.
What is preapproval?
When you are preapproved, you enter a negotiation with a letter from your lender that verifies the amount you are authorized to finance. A preapproval letter can significantly increase the odds of your offer being accepted by a seller. Our team can connect you with people to help you secure a pre-approval letter.
What is a good offer?
The answer to this one depends on the home, features and current market conditions. In a seller’s market, demand is high and you may need to offer full asking price. In a buyer’s market, demand is lower, and you can offer less or ask for more included with closing. Our team can advise on strategy for the current market.
What should I expect at closing?
At closing, your final documents are signed. There may be small items the lender will ask for at the last minute. Don’t let it trouble you. It happens pretty frequently. If your documents and finances are organized, you’ll be easily able to address any questions and close on your home.
Start Your Search Today
There’s no time like the present.
We’re ready to help you find your ideal Coastal Carolina home.