Home Buying Questions -

Lenders evaluate Capacity (income/debts), Capital (savings), Credit (score), and Collateral (the home itself).

Confirm if appliances, lighting fixtures, or furniture are included in the price. III. The Home-Buying Process

A general rule is to keep total housing payments (including taxes and insurance) below 28% of your gross monthly income. home buying questions

Serious red flags include structural foundation problems, major water damage, or outdated/faulty electrical wiring.

Typically, no. The seller pays commission for both agents at closing. Lenders evaluate Capacity (income/debts)

Get pre-approved for a mortgage, then hire a real estate agent.

Ensure items like security systems or water heaters are not leased. major water damage

Proper grading is vital to prevent water from flowing toward the foundation.