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Frequently Asked Questions (FAQ)

Answers to Your Questions: Common Queries Addressed, Solutions Provided, Informed Decision-Making.

What should I consider before buying a property?

Consider factors such as location, property condition, resale value, neighborhood amenities, proximity to schools or workplaces, and long-term investment potential.

How can I determine the fair market value of a property?

Property valuation involves assessing recent comparable sales, current market trends, property condition, location, and consulting with real estate professionals or appraisers for an accurate estimate.

What is the role of a real estate agent in buying or selling a property?

Real estate agents facilitate property transactions, providing market insights, negotiating terms, handling paperwork, and guiding clients through the buying or selling process.

What are closing costs, and who typically pays them?

Closing costs encompass fees associated with finalizing a real estate transaction, including loan origination fees, title insurance, appraisal fees, and more. Both buyers and sellers may share these costs, although specifics vary by location and negotiation.