FAQ - Frequently Asked Questions
Why do I need a Realtor?
Many reasons, but here's a few!
-Find homes that match your budget and needs. Property search sites like Zillow or Trulia give you a sampling of what’s available, but you’ll have to research whether the info is up to date or asking prices are justified.
-Dig up facts on a neighborhood and property, including ones that a seller might not disclose that could be important to you.
-Negotiate the offer, including the price and other clauses and contingencies in the purchase agreement.
-Navigate the home inspection, and negotiate repairs or credits with the seller.
Also, Decipher paperwork that could be filled with complex jargon and terms you don’t understand.
-Request and review seller disclosures. You might not know what to ask for or what sellers are required to disclose.
-A team of trusted lenders, title agents, home inspectors, and repairmen to ensure everything goes smoothly.
-I will put your interests above my own and ensure you're protected!
Are you a full time real estate agent?
YES! I'm available for your real estate needs whenever you need me. Call, text, messenger, email! I'm available to provide prompt answers for your questions.
Do you require a pre-approval before seeing homes?
Yes, if you plan on getting a mortgage.
This is a very important step in the process. While we all want to get started on finding a great home for you, first you'll need to know how much home you can actually afford. The good news is that I have lenders that will get you pre-approved quickly.
If you're a cash buyer, then proof of funds will be necessary.
In the Central Florida market, competition is tough and homes don't stay available for long. If you want to ensure that you can make an offer on a house you love, have the pre-approval or proof of funds ready. The first to offer is usually going to get the home!
What is the VA Funding Fee?
In 2020, the VA funding fee is 2.3% of the amount borrowed on a VA home loan. The fee increases to 3.6% for borrowers who have already used the VA loan program in the past. However, the funding fee can be reduced by putting at least 5% (1.65% fee) down at the time of closing and will reduce further with 10% (1.4% fee) or more down.
For some, the funding wee is waived entirely:
-Veterans with service-connected disability rating of 10% or more
-Purple Heart recipients
-Surviving spouses who are eligible for a VA loan
How do I apply for a VA guaranteed home loan?
You can apply for a VA loan with any mortgage lender that participates in the VA home loan program. You will need to get a Certificate of Eligibility, or COE, from the VA to prove to the lender that you are eligible for a VA loan. You can apply for the COE online at the ebenefits website or a lender can help you obtain it during the loan application process.
As a veteran who has used the VA home loan benefit, I can help you get things started. I also have great lending partners who are experts at VA loans.
- Todd Kramer
- Andrew William Ross
- Stacy Padgett
- Tab Goguen
- Bellas Vlogs
- Stephen Mazzo
- Daniel White