Frequently Asked questions
We want you to be a wise home buyer or seller. Use the frequently asked questions below as a starting place to move forward and make a wise decision with confidence.
I'm not quite ready yet, but when do I start the process?
Our team has licensed representatives to answer the phone at all hours of the day. You can give us a call at any time and we can talk with you and get an idea of what you are looking for, your timeline (long or short), and any questions you may have. When the time is right, they will hand you off to one of our real estate agents. In the meantime we will communicate, check in, and make sure you have the resources you need.
How do I get pre-approved?
You can apply with any mortgage lender, but our team has an in-house mortgage lender that you can meet with at any time. Kristi Dourian, our partner at First Financial Bank, will talk you through the steps and let you know what your best options are for your situation. In the pre-approval process you must submit several documents and your lender will request everything needed and help you sort out any questions.
How much is the down payment?
The answer to this question depends on what loan you choose. Your mortgage lender will be able walk you through your options and help you choose what will suite you best. First time home buyers can apply for loans that only require 3-5% down.
How long does it take to buy a house?
Typically it takes 30-45 days from the time your offer is accepted by the seller to the day you get your keys. There are lots of steps in between acceptance to closing. Some of them include a home inspection, appraisal, and making repairs to the home. The process can seem overwhelming, but our agents always keep you informed of what to expect and what comes next.
When should I meet with a realtor?
When you contact our office, one of our licensed representatives will connect you with one of our agents as soon as you are ready to start your home search.
I want to sell my home. How do I know what it is worth?
The best way to find the value of your home is to schedule a consultation with our licensed listing agent. Home prices vary case by case. The location and condition of your home are large factors, but there are several others that most home calculators and agents may overlook. Our team is equipped to provide accurate information to increase the chances of selling your home quickly.
Do I sell my current home first or buy a new one first?
If you need the funds from the sell of your current home to be able to buy your new home you would list your home first. Once your home is listed you can make an offer contingent upon your home closing.
Are interest rates negotiable?
Yes, you are able to negotiate and buy down your rate with discount points. 1 point = the cost of 1% of your mortgage amount. Team Dayna Simmons partners with First Financial Bank because we believe they can give our clients the best options for any circumstance.
Are there options for me in-between buying and selling my home?
In the case that you are purchasing a home contingent upon yours selling we can always try to negotiate a seller's temporary lease that would allow you a few days after a simultaneous closing for you to be able to move.
How big of a move-up is big enough?
Planning out what you need in your next home is important. Take note of things you currently like and don't like about your current home, how much space you'll need in the future, how long you plan to live in your next home, school district neighborhood, updates needed, number of bedrooms, lot size. These are just a few factors to look at when planning for what you want and need in the future.
What does my home need before going on the market?
The best option is to contact our listing agent. The conditions of properties vary and we can lay out your options clearly so you can make a decisions you can fell confident about. Maintenance items are not considered an upgrade, your best return on investment is kitchen, bathrooms, and curb appeal.