Home Buying Questions 🔥 Extended

Typically, no. The seller pays commission for both agents at closing.

A deposit showing you are committed (usually 1-2% of the price) that applies to the down payment. home buying questions

Serious red flags include structural foundation problems, major water damage, or outdated/faulty electrical wiring. Typically, no

Generally, plan on saving 3% to 20% of the home price for a down payment, plus 2% to 5% of the purchase price for closing costs. major water damage

This report outlines the essential questions and considerations for prospective home buyers in 2026, covering financial readiness, property assessment, the home-buying process, and neighborhood evaluation. I. Financial Readiness (Before You Look)

A general rule is to keep total housing payments (including taxes and insurance) below 28% of your gross monthly income.