kitchen-2400367_1920

Find Your Dream Home

Search houses for sale in Indianapolis and surrounding areas

 

 

 

 
 

Meet our Expert Home Buying Team

Rosie- Sqaure Photo

Rosie Berzenye - Transaction Coordinator

DH

Devon Hicks - Real Estate Agent

Get in touch with your dedicated Agent!

 

Frequently Asked Indianapolis Home Buying Questions

 

Q: How long does it take to purchase a home?

When purchasing a home using  financing such as a conventional, FHA, or VA loan, you can expect the process to take anywhere from 35-45 days once your offer has been accepted.

Q: How much will I have to pay in closing costs?

The amount you will have to pay in closing costs can vary greatly depending on a number of factors, but as a rule of thumb you should plan for at least 2%-5% of the purchase price.  

Q: Should I have a home inspection?

YES! You should always, always, ALWAYS, have a third party home inspection conducted on any home that you purchase. 

A home inspection provides information on the home's condition beyond what you may be able to see during a tour.  

Q: Can I start shopping for houses before I am pre-approved?

In our professional opinion, it's best to have a pre-approval letter in hand BEFORE you start looking at houses. 

Without a pre-approval letter, most sellers will not even consider your offer, especially in such a competitive market as this. 

So, imagine finding your dream home and wanting to submit an offer but your pre-approval is not ready to go. By the time you reach out to a lender and get the process started, it's very likely someone else will have swooped in.

You can save yourself a lot of heartache and frustration but having all of your ducks in a row before beginning your search! 

Q: How much money do I need for a down payment?

The amount of money you will have to put down hinges on several factors regarding your qualifications, the type of loan you select, and any special programs your lender may offer. 

In many cases you can expect to put as little as 3%-5% down, however, there are several programs out there that offer zero money down!

Make sure you speak with your lender, or shop around for any special programs you may qualify for.  

 

Recommended Home Buying Partners

flagstar logo


fidelity logo

 


state farm logo