Frequently Asked Questions (FAQs)
At HouseOnlyGroup, we understand that real estate transactions can raise many questions. To help you feel informed and confident, we’ve compiled answers to some of the most common questions we receive from our clients.
Start by determining your budget and getting pre-approved for a mortgage. Once that’s done, our agents can help you find the right home based on your needs and preferences.
Pre-qualification is an estimate of how much you can borrow, while pre-approval is a more formal process where a lender verifies your financial information and approves you for a specific loan amount.
Your offer should be based on market conditions, the property’s value, and how competitive the local market is. Our agents will provide a comparative market analysis (CMA) to help you make an informed decision.
Closing costs are fees associated with finalizing the purchase of a home. They typically include loan origination fees, title insurance, appraisal fees, and legal fees. Expect to pay about 2% to 5% of the home’s purchase price.
Our agents will provide a detailed market analysis, considering factors such as recent sales in your area, current market conditions, and your home’s features, to help you set a competitive price.
The time it takes to sell a home depends on several factors, including market conditions, price, and the condition of your home. On average, homes sell within 30 to 60 days, but we’ll work with you to streamline the process.
In many cases, small repairs and improvements can increase your home’s value and appeal to buyers. Our agents can recommend which updates will give you the best return on investment.
We use a combination of digital marketing strategies, professional photography, virtual tours, and social media promotion to ensure your home reaches the widest audience possible.
Yes! Real estate can be a stable and profitable long-term investment. Our agents can guide you through the process of selecting properties that align with your financial goals.
The right investment property depends on your goals. Whether you’re looking for rental income, property appreciation, or commercial opportunities, our team can help you identify the best options.
Real estate investments come with tax benefits, including deductions for mortgage interest, property taxes, and depreciation. We recommend consulting with a tax advisor for specific guidance.