Blog by Monica Donetti-Ross

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Home Buying Knowledge - Top 3 Q& A's

 

 

 

Frequently Asked Questions:

 

 

Q: Where do I begin house shopping?

A: First, thoroughly evaluate the condition of the property: home improvements made by the current owners, whether the owners are anxious to sell quickly and whether the market is hot or cool, which affects a seller's desire to negotiate.  Monica can help you with these and other assessments.

 

Q: How do I know what I can afford?

A: Because of the large amount of money involved, it's best to limit your risk in the deal.  So make sure to specify not just the price you're willing to pay, but also the details of the purchase, including how you intend to finance the home, the amount of your down payment, who pays the closing costs and any repairs you want done prior to closing.

 

Q: How do I handle negotiating the price?

A: Once you've submitted an offer in writting, you proceed to the negotiation.  The seller could accept, reject or counter your offer with a higher amount.  Monica can help you throughout the process, which may continue until both parties either agree on a price or decide to go their separate ways.

For additional home-buying information and resources call Monica Donetti-Ross today @ 604-725-6960


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