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Home Buying Questions Info

Typically, no. The seller pays commission for both agents at closing.

Ask about the age of the roof, HVAC system, and water heater.

A letter from a lender confirming how much they are willing to lend you based on a review of your income and credit. home buying questions

Serious red flags include structural foundation problems, major water damage, or outdated/faulty electrical wiring.

A guideline for financial health: save 3 months of living expenses, have 3 months of mortgage payments in reserve, and thoroughly research 3 properties. Typically, no

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

Ensure items like security systems or water heaters are not leased. A letter from a lender confirming how much

Final documents are signed, and you officially take ownership. IV. Neighborhood & Location Factors 10 Questions to Ask Before Buying a Home