New Homebuyer FAQS

Embarking on the journey of buying your first home can be a daunting experience. However, we're here to help, with our team of experts ready to guide you through the process.
 
1. Buy vs. Rent: Ever feel like your rent payments are vanishing into thin air? Opting for homeownership allows you to build equity while also benefiting from potential tax deductions on mortgage interest, in both federal and state tax scenarios.
 
2. Beyond Mortgage: It's crucial to remember other costs beyond your monthly mortgage payment. Be prepared to factor in utilities, property taxes, homeowners insurance, and essential maintenance expenses.
 
3. What's the initial investment for a dream home? To make that big purchase, be prepared to cover three essential expenses: earnest money, a down payment and closing costs.
 
4. Decoding the mortgage lingo: Pre-qualifying vs Pre-approval. Pre-qualification shows you how much you could possibly borrow while Pre-approval gets you a firm commitment from the lender. 
 
5. Ensuring your home's legacy: Safeguard your investment from hidden threats to your title rights and have a solid defense ready for any claims, all thanks to the owner's title insurance policy.