Buyer Frequently Asked Questions

What is the first step in buying a home?

The first step is getting pre-approved by a lender. This verifies your income, credit, and assets and tells you exactly how much you can afford. Sellers will not consider offers without a pre-approval.

What’s the difference between pre-qualification and pre-approval?

A pre-qualification is based on self-reported information and gives a general estimate of buying power. A pre-approval requires documentation and a hard credit inquiry, making it the stronger and necessary option for viewing homes and submitting offers.

Do I need a real estate agent to buy a home?

Yes. A buyer’s agent protects your interests, negotiates on your behalf, explains each step, and helps you avoid costly mistakes. In most cases, buyers do not pay anything for representation.

How long does it take to buy a home?

Most transactions close within 30–60 days after your offer is accepted. The home search timeline varies depending on availability and your preferences.