FAQs
Read most frequent questions
What the first step of the home buying process?
The first step is getting pre-approved for a home loan so you know your budget. From there, our real estate experts help you shortlist properties, schedule site visits, and guide you through negotiation and paperwork until you find the right home.
How long does it take to buy a home?
On average, buying a home takes 30 to 60 days once your offer is accepted, though the full journey from property search to closing can span a few months depending on financing, paperwork, and market conditions.
What is a seller’s market?
A seller’s market happens when buyer demand outpaces the number of homes available for sale. This gives sellers an advantage, often resulting in multiple offers, higher sale prices, and shorter listing times.
What kind of credit score do I need to buy a home?
Most lenders look for a credit score of at least 620 for a conventional home loan, while government-backed loans may accept lower scores with a larger down payment. A higher score generally helps you qualify for better interest rates.
How much do I need for a down payment?
Down payments typically range from 3% to 20% of the home’s purchase price depending on the loan type and lender requirements. Putting down more can lower your monthly payments and may help you avoid extra insurance costs.
What is earnest money?
Earnest money is a good-faith deposit, usually 1% to 3% of the purchase price, that you pay when submitting an offer to show the seller you are serious about buying. It’s held in escrow and later credited toward your down payment or closing costs.
