There are a handful of questions that come up consistently when I’m counseling home buyers. The process of buying a house can be very overwhelming. Terms like earnest money and down payment get confused with each other, and the time line can sometimes seem impossible.
I’ve taken a few of the common questions I get from home buyers and started a new video series, called Home Buyer Basics.
This video series will be a great resource for anyone thinking of buying a house. The idea is that one specific question about the home buying process will be answered with each short, one-minute video.
So far I’ve recorded five videos:
- The buyer’s agent role and fees
- Why do I need a pre-approval letter (buyer perspective)
- Why do I need a pre-approval letter (seller perspective)
- How much should we offer
- How much time is there between contract and closing
These are just a few to get the series started. Next week I plan to add a few more videos: What is earnest money? How much of a down payment is required to purchase a home? What are the fees required to purchase a home? What happens if the house doesn’t appraise? If I decide not to buy the house, will I get my earnest money back? and What’s a short sale?
Eventually there will be a rather large library of information in the series to help clarify the home buying process for anyone out there thinking of buying a home. If you have a home buying question, please send it to me so I can add it to the series.
Coming soon: Home Seller Basics!