What is a pre-approval, and why do I need one?
It's a letter from a lender saying how much they're likely to lend you, based on a review of your income, debts, and credit. It tells you your budget and shows sellers you're a serious buyer.
How much do I need for a down payment?
It depends on the type of loan. Some programs allow a small down payment, while others ask for more. A lender can tell you what you qualify for, and I'm happy to connect you with one.
What are closing costs?
They're the fees paid when a sale is finalized, such as lender fees, title and settlement services, and prepaid taxes and insurance. Your lender gives you an estimate early on, and I'll help you understand each line before closing day.
How do you decide what my home is worth?
I compare your home with similar ones that sold recently nearby, then adjust for condition, size, and updates. The result is a price range, and we talk through it together before choosing a listing price.
How long does it take to buy or sell?
It varies with the market, the price, and the condition of the home. Once an offer is accepted, a financed purchase often takes about 30 to 45 days to close. I'll give you a realistic timeline for your situation.
Do I need a home inspection?
It's not always required, but I strongly recommend one when buying. An inspector checks the roof, foundation, systems, and more so you know what you're getting before you commit.
Do you work outside of Greater Lafayette?
Yes. I live in Tippecanoe County, and I help buyers and sellers across Indiana, including Indianapolis.
How do you get paid?
Agent compensation is agreed in writing before we work together, and I'm glad to explain exactly how it works and what it means for you, whether you're buying or selling.