FREQUENTLY ASKED MAINE REAL ESTATE QUESTIONS

Q: Is there a minimum down payment needed to buy a home?
A: The minimum down payment required depends on the loan program you choose. Most lenders offer programs with no down payment or low down payments.

Q: What are closing costs?
A: Closing costs are fees associated with the processing of paperwork required to buy a house. Closing costs vary which is why we recommend that you get pre-approved through a lender: Closing Costs cover lender charges and other processing expenses.

Q: How long will it take my property to sell?
A: There are 3 main variables that affect how long a property is on the market: the Price you list your property at, the condition of the home, and current market conditions.

Q: Do I really need to work with a Real Estate Agent when buying a new house?
A: It is certainly in your best interest. Buying a home is one of the biggest decision you will ever make. In most situations, Buyers do not pay a commission and the seller pays for the services of the Agent working for you. Without an Agent, you are missing representation of your interests, which can leave you unhappy with your purchase.

We're happy to answer any questions you have about buying or selling a home in Maine. Feel free to contact us any time!