FAQ

FAQ

Frequently Asked Questions

Am I Ready to Be a Homeowner?

You are ready to be a home owner when your credit score is solid, your debt is manageable, you can afford a down payment, you have money saved up, your lifestyle is stable, and most importantly when you know what you want.

Is Renting or Buying Better?

There is no right or wrong answer as to whether renting or owning a home is better. The answer depends on your own personal situation—your finances, lifestyle, and personal goals.

What Do I Look for in Homes?

Look for house size, yard space, house exterior, amount of bedrooms and bathrooms, heating and cooling, garage.

Do I Need a Home Warranty?

A home warranty is not a perfect solution to the risks and hidden costs homeowners face. If a seller wants to give you one, it won’t hurt, certainly. But before you purchase one, though, read the fine print in the home warranty contract and carefully consider whether the warranty is likely to pay off.

What Should I Expect at Closing?

At closing, the seller will sign documents that transfer the property ownership to you. You will receive documents pertaining to your mortgage agreement and property ownership. You’ll also have to pay closing costs and make escrow payments.

What Is Pre-approval?

A pre-approval is a preliminary evaluation of a potential borrower by a lender to determine whether they can be given a pre-qualification offer.

Am I Ready to Rent?

You are ready to rent you have a job that pays well, when you need to live closer to work, your are moving in with your partner,  when you are starting your own family, when you would like to become more independent. 

Can I Ask You for Advice?

Of course you may. The JJ Real Estate Team is here to help with anything real estate related. 

Let's Find You The Place You Deserve

If you have any other questions, please feel free to contact us by clicking bellow.