Whether it’s your first time buying a home or you’ve purchased several over the years, there may be questions that arise during the home buying process. Each home and situation is different, yet there are a few common questions you may want to consider.

6 Common Home Buyer Questions with Larry Miller

Am I Ready to Buy?

If you’re currently renting and this will be your first home, you may be wondering whether it is wiser to rent or buy. Buying a home can offer many benefits, including equity growth, security, and the ability to alter your space with upgrades and additions. Compare rent prices in your neighborhood with estimated mortgage payments to determine the difference in the cost of living, taking into account the long-term investment benefits.

If you are looking to buy another home…

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Should I wait to buy a home? is the market going down?

We get these questions from buyers every day. The answer is a definitive NO! While some homes are sitting on the market a couple of extra days, there's little effect on overall pricing. The National Association of Realtors is predicting the market to continue to raise prices in 2022, albeit at a slower rate than 2021. 

The big news, but not old news, is that few homes are available for sale anywhere. Compared to Dec 2020, King, Snohomish, and Island County home inventory is down, 67%, 46%, and 48%, respectively.

Snohomish County leads the way with steady price increases with a 4.6% increase in the average price for a single-family home from November to December and an 8.2% increase in price for a…

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Buying a home can be an exciting but overwhelming process. From the initial search to receiving your keys on closing day, there are many steps involved in the home buying process. These tips may answer some questions or ease your concerns as you begin this exciting journey!

Understand Your Financials

It is wise to check your credit score and get pre-approved or pre-qualified before you begin your home search process. This helps you get a better picture of your financial situation so you can understand how much home you can afford. From there, create a budget to help you track what you can afford and any other expenses you may have to incur after buying a home, such as appliance purchases or landscaping needs.

Be prepared for Closing Costs

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