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Phone
(770) 367-4726
Address
Macon, GA 31204
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Common Questions About Buying a Home
What is the first step in the home buying process?
The first step is getting pre-approved for a mortgage. This helps you understand your budget and shows sellers you are a serious buyer.
How long does it typically take to buy a home?
On average, it takes about 30 to 45 days from the time you make an offer to closing. However, this can vary based on market conditions and financing.
What is a buyer’s agent, and do I need one?
A buyer’s agent represents your interests during the home buying process. They help find properties, negotiate offers, and guide you through closing. Having one is highly recommended.
What are closing costs, and how much should I expect to pay?
Closing costs are fees associated with finalizing your mortgage. They typically range from 2% to 5% of the home’s purchase price.
How much should I offer on a home?
Your offer should be based on comparable sales in the area, the home’s condition, and your budget. Your agent can help you determine a competitive offer.
What is an earnest money deposit?
This is a deposit made to show the seller you are serious about purchasing. It is typically 1% to 3% of the purchase price and is applied to your closing costs.
Can I back out of a deal if I change my mind?
Yes, but it depends on the terms of your contract. You may lose your earnest money deposit if you back out without a valid reason.
What is a home inspection, and why is it important?
A home inspection is an examination of the property’s condition. It helps identify any potential issues before you finalize the purchase.
How do I know if a neighborhood is right for me?
Research the area, visit at different times of day, and talk to locals. Consider factors like schools, commute times, and amenities.
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Ready to Find Your Dream Home?
Contact us today to start your journey towards owning the perfect home. Whether you’re buying or selling, Maegen Dennis Realtor is here to provide expert guidance every step of the way.