Frequently Asked Questions

Am I Ready to Be a Homeowner?

Establishing a good FICO credit score is an absolute must for homebuyers. Without strong credit, you’ll be hard-pressed to find a bank willing to lend you money to buy a home. … In general, homebuyers should aim to have a credit score above 600. But Gift Real Estate plc Provide a 50/50 Bank Loan So, You are ready to buy a home.

Is Renting or Buying Better?

Choosing to buy or rent a home is a big decision. For a lot of people, owning a home is worth it because it gives a sense of security and stability that renting won’t bring. Renters do not have the opportunity to make long-term investments in their property, which will appreciate over time and increase their net worth

What Is the Lender's Formula?


What Do I Look for in Homes?
Below are the top 10 considerations you should take note of when viewing properties.
  • House Size. You should have a general idea of what size house you want before you even find a real estate agent. …
  • The Ideal Yard. …
  • The House’s Exterior. …
  • Bedrooms. …
  • Bathrooms. …
  • Living Room. …
  • Heating And Cooling Systems. …
  • Basement
What Is Pre-approval?

A pre-approval is a preliminary evaluation of a potential borrower by a lender to determine whether they can be given a pre-qualification offer. Pre-approvals are generated through relationships with credit bureaus which facilitate pre-approval analysis through soft inquiries.

What Should I Expect at Closing?

What Happens at Closing? On closing day, the ownership of the property is transferred to you, the buyer. This day consists of transferring funds from escrow, providing mortgage and title fees, and updating the deed of the house to your name.

Do I Need a Home Warranty?

When you purchase a home, even a home that isn’t new, there is a very good chance that you will be offered a home warranty as a safety net against expensive, unforeseen repairs. It may sound like a great form of financial protection — but is it really the safety net that homeowners expect? Let’s find out if home warranties are worth it.


  • A home warranty reassures a homebuyer and provides the seller with a measure of protection against complaints about home defects that arise after the sale closes.
  • The improper maintenance clause common to warranties can mean the new homeowner isn’t really protected if something goes wrong and the previous owner hadn’t maintained the system properly.
  • The homeowner may have little or no say in the model or brand of a replacement component, or may not like the job the company-designated contractor does.
  • Rather than get a home warranty, it may make more sense to put premium payments into an emergency fund to use for any repairs that do come up.
Can I Ask You for Advice?

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“It takes hands to build a house, but only heart can build a HOME!”