Question 1

How much money do I need to buy a home?

Accepted Answer

The amount you need depends on your loan type, but most buyers put down between 3-20% of the purchase price. Don’t forget to budget for closing costs, which are typically 2-5% of the home price. We’ll go over this in detail during the bootcamp!

Question 2

Do I need to get pre-approved before I start looking at homes?

Accepted Answer

Yes, getting pre-approved is an important first step. It shows sellers you’re a serious buyer and helps you understand how much home you can afford. We’ll walk you through the process and what documents you’ll need during the session.

Question 3

How long does the homebuying process take?

Accepted Answer

The timeline varies, but most buyers find a home and close within 60-90 days. Factors like the housing market, financing, and inspections can impact the timeline, which we’ll explain further in the bootcamp.

Question 4

Is there really such a thing as a “good deal” in today’s market?

Accepted Answer

Yes! While the market is competitive, there are still opportunities to find value. We’ll talk about how to identify potential deals and make a smart offer during the session.

Question 5

What does a buyer’s agent do, and why do I need one?

Accepted Answer

A buyer’s agent represents your best interests. They help you find homes, negotiate the best price, handle paperwork, and guide you through the process. We’ll discuss how having a local expert on your side can make all the difference.

Homebuying Bootcamp: All the Answers You Need to Buy with Confidence

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Homebuying Bootcamp: All the Answers You Need to Buy with Confidence in MA

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Homebuying Bootcamp: All the Answers You Need to Buy with Confidence

Follow this organizer to stay informed on future events

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