FAQ’s

1. How do I get pre-qualified for a mortgage loan? Call your lender or use our mortgage broker that helps our clients get qualified. They should be able to get you a pre- qualification letter for a certain amount quickly so you can go to home showings you are interested in and make an offer. 2. Typical time-line to buy a home? Usually from the time your offer is accepted and to the time you close on your home takes between 30 to 45 days. 3. Why do I want to move or live in the mountains of NC? Breathtaking mountain views, cooler in the summer, affordable, many things to do such as kayaking, canoeing, hiking, fishing, skiing, shopping, friendly people, safer environment, Blue Ridge Parkway, 4 mild seasons of weather, lower cost of living, and a unique culture. 4. What kind of credit score do I need to buy a home? Usually, it needs to be a minimum of 620 or higher. 5. What things should I consider about buying your new home? Location, size of home, price range per your pre-qualification letter, total size of lot. 6. What does Earnest money mean? Earnest money is the amount of money the buyer puts down as an Escrow Deposit showing the seller you are a serious buyer. This deposit money will be applied to the purchase price reducing the amount of loan amount needed.  7. What is Due Diligence money? Due Diligence money is a non-refundable fee paid by the buyer directly to the seller to secure an exclusive, negotiated period of time to inspect and evaluate a property. It compensates the seller for taking the home off the market while the buyer conducts investagations. At closing this money is applied to the purchase price reducing the the amount of the loan amount needed.