What is a ‘lease purchase’? A lease purchase is a two-portion contract.  You agree to buy the house after a period of time where you live in the property, agree on a purchase price, and deposits, with a secondary contract that addresses the terms of the ‘lease’ period. Is it a good way to buy?  […]

Will I need to pay for anything until I close on the house? Yes, be prepared to pay for inspections and maybe even the appraisal at the time of the inspection or service.  While some of these items sometimes are negotiated for the seller to pay, a lot of sellers are requesting that the buyer […]

CAN I WRITE AN OFFER AND THEN GET PREQUALIFIED? Simply – sure, but your offer won’t get anywhere.  The seller will counter back “subject to reviewing proof of funds to close” and the offer will still be open.  This means anyone else can buy the house before you get that project done. Then, disappointment all […]

  Why do I have to be prequalified first, all I want to do is just start looking around?   Starting to look around at homes is a more sophisticated process than most people would believe. If the homes are occupied, the owners need notification that someone is coming to see their home, which usually […]