FAQ PAGE

Forefront Realty Inc, would like to educated you on the process of buying a home. On this page we will help answer your questions. Whether you are a 1st time home buyer or you are an experienced buyer you need to be aware of your steps.

What do I do 1st?
A:The very first item of business is to call & sit down with a lender.  The lender will tell you what to bring in to them and discuss different lending programs that will fit into your budget.
Myth: The Big Down Payment – Think you can't buy a house without a 10% or 20% down payment? There are even some special programs for first-time buyers that help with closing costs.

What if I drive by and see a house I like should I call that Realtor listed on the sign?
A:This is up to you. You do not have to use the Realtor listed BUT you should have a Realtor you can call if you see something you like.

How do I pick a Realtor to work with?
A: Ask your neighbor and friends. Try to pick someone who is familiar with the neighborhood you want to live in.
AND If I work with a Realtor  will I have to pay a commission?
A:IN MOST CASES YOU DO NOT PAY THE COMMISSION THE SELLER DOES. There are exceptions to this rule BUT you will know the exception and you can decide. Most exceptions are rare.

Do I have to have any money in my pocket to write an offer?
A:YES: You will be required to put Earnest Money down. Min 500.00 which will either be applied to the loan at closing OR returned if your house does not close.

What is this form the agent will make me sign when I first meet them? Am I under obligation to them if I sign?
A: NO OBLIGATION- You should be asked to sign a disclose form when you see homes with different Realtors. If you want to be Represented as a buyer you will sign a contract. See AGENCY DISCLOSURE on left side of screen.

What if I do not have a lot of money saved for a down payment? Can I still buy?
A:  The Sellers of today want to know what it is going to cost them to sell their home just like you want to know how much you will need to buy. Some loans require money from the seller to help the loan go thru. This is vital information to know. You can get in with low down with good credit but your lender will let you know if this is possible.

How do I know which houses I can buy?
A: Based on the information the lender tells you will determine which houses are available in your price range and type of loan. Once you know this contact a Realtor and work out the details with them.