Have a Question About Buying a Home in Bucks County?
Chances are, you're not alone
Beginning the search for a new home to buy in Bucks County? You've come to the right place. Here, you'll find answers to some of the questions we hear most often from home buyers in the area. Even if this isn't your first rodeo, it never hurts to read up on the basics — especially for a transaction as important as buying real estate. Ready to begin?
Answers to Your Burning Real Estate Questions
Have a question you've been afraid to ask? Trust us—you're not alone. Below, you'll find answers to some of the most pressing questions we hear over and over again from homebuyers. Have a question of your own that we haven't answered here? Please don't hesitate to give us a call or shoot us an email!
How Do I Find the Right Mortgage For My Situation?
Before you even begin searching for homes, we highly recommend meeting with a local lender to get pre-approved for a mortgage. The pre-approval process is invaluable: you'll sit down with a mortgage lender who will review every detail of your finances (this includes your annual income, outstanding debts, credit score, borrowing history, and any assets you may have) and let you know how much the bank is willing to lend you. Boom: there's your budget. You can also use our free mortgage calculator to see how much your monthly payments will be.
What's a Good Way to Explore the Local Communities?
If you're searching for home in Bucks County, use our complimentary area guides to see what it's like to live in a specific Bucks County community! Within these guides, you'll find helpful information about local schools, employment opportunities, lifestyle amenities, and so much more.
What Kind of Fees are Associated with Buying a Home?
In addition to the down payment, when you close on a home you'll have to pay a number of closing costs. These include the appraisal fees, home inspection fee, credit report fee, document preparation fee, Homeowners Association fees, loan origination fee, title fees, taxes and private mortgage insurance. All in all, you should budget about 3-5% of the home's overall price to go towards these closing costs.
How Do I Make an Offer on a Home?
If you're working with a real estate agent, they'll be able to help you with this. You'll craft a carefully written offer letter to the home seller, including the price you want to buy the home for. Within this letter, you'll also note how much you'll be putting down for the down payment.
Do I Really Need an Agent to Buy a Home?
While it is by no means legally required to hire a real estate agent when buying a home, having an experienced real estate professional on your side will save you time, money, and more than a few headaches. Your agent will be able to guide you through every step of the buying process, handle any negotiations you want to make with the sellers, and schedule all those important inspections and appraisals.
Your Bucks County Home Buying Resources
Ready to buy a home in Bucks County? We're ready to assist. Browse our free home-buying resources below, and please don't hesitate to reach out to us with any other questions you might have!