Answers by Brinda Griffin

Hi Charlotte, The entire purchase agreement and or listing agreement is important for you to understand. Your agent who is representing you should be able to explain the terms/verbiage to you. I recommend hiring a real estate attorney also, who can answer any and all of your questions. Good Luck!

If the home was your primary residence for the last 3 of 5 years, more than likely you may not pay capital gains tax. There are limitations on how much equity you receive etc. Definitely consult a local reliable tax accountant. Good Luck!

Depending upon the condition of the home. If it is in need of major repairs, it can be a great option. These companies pay cash, sold as is, no inspection or appraisals. You will get less if you go this route vs listing it with a brokerage firm, who can advertise the home for sale cash only sold as is. In my market, these homes will get multiple offers, usually higher than the "We buy homes for cash" Good Luck!

Hi Jenny, In todays market with the interest rate hikes, I advise my buyers to have a letter dated no more than 30 days, and updated once we find a home they want to write an offer on. As a listing agent I will require a letter dated no more than 2 days old. Good Luck!

Good afternoon, If you are a 1st time home buyer, there are loan programs that only require 3.5% down, such as an FHA loan. With 20% you can use a Conventional Loan that would more than likely eliminate the PMI, which is Private Mortgage Insurance. I recommend checking with your bank/credit union and a local mortgage company and shop for financing. Good Luck!

Yes absolutely!! It protects you from liens that could be on title from previous owners. It is very affordable, and you pay for it 1 time at closing! A title search should be done before you purchase the home, and the title insurance protects you while you own the home. Find a great title company in your area to discuss further. Good Luck!

Excellent!

Hi Jeremiah, If this home checks off your boxes for your criteria, then submit your offer. Getting fully approved to buy a home rather than just pre-qualified will make your offer stand out. Talk to your lender/mortgage company to speed up the home buying process. Good Luck!

Hi Carl, My advice to you is have a CPA file your taxes for you since you sold a home. There are many deductions and write offs with the sale of a home. It will make a huge difference if the home you sold was your primary residence or not. Seek out a good tax professional near you. Good Luck!

Hi Vanessa, The shed is "sold as is where is" The appraiser will give No value for an old small shed! Good Luck!

Hi Ari, This means the home is in pre foreclosure. The seller is behind on mortgage payments and the lender/mortgage co will move towards foreclosure. You can stop the foreclosure usually, with an offer to purchase the home, usually a 30 day closing. The lender/mortgage company will have the final say. Time is of the essence, hire a local real estate professional! Good Luck!

No offense taken! Everything is negotiable. Good Luck!

Hi Taylor Yes indeed closing costs are negotiated between the buyer or buyers agent and seller or listing agent