Frequently asked questions
Have Questions? Find Answers Here
Explore our FAQ page for answers to common real estate questions, whether you’re buying or selling. This guide is designed to help you navigate the process with confidence. If you don’t find what you’re looking for, contact Rosanna Macalinao directly – we’re here to help!
1. For Buyers
1How do I know how much I can afford to spend on a home?
Before starting your home search, it’s important to get pre-approved for a mortgage. This will help you understand your price range and show sellers that you’re a serious buyer. Rosanna can recommend trusted mortgage brokers to guide you through this process.
2What is the first step in the home-buying process?
The first step is to get pre-approved for a mortgage, followed by determining your budget and preferred location. Rosanna will help you navigate the home search based on your needs, providing expert advice along the way.
3How long does the home-buying process take?
The process can take anywhere from a few weeks to a few months, depending on the market, the type of property you’re looking for, and how quickly you can get financing. Rosanna will guide you through the steps, ensuring a smooth experience from start to finish.
4What’s the difference between a pre-qualification and pre-approval?
Pre-qualification is an initial estimate of what you may be able to afford, while pre-approval involves a more thorough review of your finances by a lender. Pre-approval holds more weight and gives you a better idea of your actual budget.
5Should I get a home inspection?
Yes, a home inspection is essential to identify any potential problems with the property. Rosanna will recommend trusted home inspectors to ensure you’re fully aware of the home’s condition before proceeding with the purchase.
2. For Sellers
1How do I price my home correctly?
Pricing your home correctly is crucial to attracting buyers. Rosanna will conduct a Comparative Market Analysis (CMA) to determine the right price based on the market value of similar properties in your area.
2How can I make my home more appealing to buyers?
Start by decluttering and cleaning your home, staging rooms to highlight their potential, and making necessary repairs. Rosanna can help you with staging advice, professional photography, and making small updates that will increase your home’s appeal.
3How long will it take to sell my home?
The time it takes to sell a home varies depending on market conditions, location, and pricing. On average, it could take anywhere from a few weeks to several months. Rosanna will work diligently to market your property and secure offers in the shortest time possible.
4What are closing costs, and who pays them?
Closing costs typically include agent commissions, repairs, taxes, and other fees. The seller usually pays for the agent’s commission, but other costs may vary depending on the terms of the sale. Rosanna will ensure you understand all costs involved before finalizing the deal.
5Do I need to make repairs before selling my home?
It’s not always necessary to make repairs, but it can increase your home’s value and reduce the time it sits on the market. Rosanna will advise you on what repairs are worth making to maximize your home’s appeal.
3. General Questions
1What is the difference between a buyer’s agent and a seller’s agent?
A buyer’s agent represents the buyer’s interests during the home-buying process, while a seller’s agent (like Rosanna) represents the seller’s interests during the home-selling process. Rosanna ensures that your needs are met whether you’re buying or selling.
2How do I know if it’s the right time to buy or sell?
The right time depends on your personal situation and the current market conditions. Rosanna will analyze market trends and provide advice tailored to your needs, helping you make an informed decision.
3Can I sell my home and buy a new one at the same time?
Yes, it’s possible, but it can be a bit more complex. Rosanna can help you navigate the process by timing the sale and purchase to ensure that you don’t end up without a place to live or with an empty home.
4What’s the process for making an offer on a home?
Once you find the home you want, you’ll make an offer through your agent. Rosanna will help you determine a fair offer price based on the market value of the home and negotiate with the seller to ensure you get the best deal.
5Do I need a real estate attorney?
In some states, it’s required, while in others, it’s optional. Rosanna will guide you through the legal aspects of buying or selling a home and recommend a trusted attorney if necessary.
Still Have Questions?
If you have additional questions or need more personalized assistance, don’t hesitate to contact Rosanna Macalinao. She is here to guide you through every step of your real estate journey with professionalism, expertise, and a focus on your best interests.