Saturday, September 04, 2010

FAQs

This is a collection of Frequently Asked Questions to help you in buying or selling a home. If you have any other questions, feel free to contact us.

By clicking on any of the questions below, you may view the answer.

Buyers

  • How can I improve my credit score?
  • Why is owning better than renting?
  • How should I take ownership of the home I am buying?
  • When will I get my deed showing proof of ownership?
  • When should I shop for homeowners/fire insurance?
  • What services will I be paying for when I pay closing costs and how much should I expect to pay?
  • Why do I need title insurance?
  • What is a Mello-Roos district?
  • Do I need a Realtor when buying a home?
  • What are the pros and cons of buying a condo?
  • When do I pay my Mello-Roos taxes?
  • If I am ready to buy, what should my first step be?
  • How do I get preapproved?
  • What is preapproval?
  • How is my credit score determined?
  • How can I prepare for homeownership?
  • What can I do to get my finances in order before I purchase a home?

    • Sellers

  • What is a Deed of Reconveyance?
  • Is any of my capital gains exempt from taxation?
  • What can I do to make my home more saleable?
  • What can I do to speed up the sale of my home?
  • What are some low cost ways I can spruce up my home?
  • How do I prepare for an open house?
  • How do I prepare for my move?
  • What is appraised value?
  • How do I calculate capital gains?
  • Does moving up make sense?
  • When do I get my sales proceeds?
  • Why do I have to pay interest on my loan pay-off past the date of recording?
  • Why does my escrow officer require that I complete a 1099 form?
  • What types of inspections need to be done when I sell my home?
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    Markus Brown, SFR, BA & Heidi Brown, SFR, MBA
    First Team Real Estate
    Markus  Ph: 949-299-3400  -  Heidi Ph: 949.280.2912  -  Fax: 714.544.4490
    17240 E 17th St
    Tustin, CA 92780
    DRE License # 01441782
    www.markusandheidi.com
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