Answers to common questions buyers ask Yvette before and during the home search process.
Yvette, what should I do before I start looking for a home?
Start by getting clear on your finances. Review your income, monthly debts, credit, savings for down payment and closing costs, and the payment range that still lets you live comfortably. Yvette can help you connect with a trusted lender so you know what price range makes sense before touring homes.
Yvette, do I need to be prequalified before making an offer?
Yes, it is strongly recommended. Many sellers expect a prequalification or preapproval letter with an offer, and having one ready can make your offer look more serious and better prepared.
Yvette, does prequalification cost anything?
In most cases, getting prequalified does not cost anything. A lender will review the information you provide and give you an initial estimate of what you may be able to borrow.
Yvette, what does prequalification actually mean?
Prequalification is an early conversation with a lender about your possible loan amount. It is helpful guidance, but it is not a final loan approval. A full approval usually requires documentation, credit review, underwriting, and verification of the details you provide.
Yvette, can you show me a home that is not listed by Mahogany Realty?
Yes. Yvette can help you tour and evaluate homes across the market, including resale homes, new construction, and listings represented by other brokerages. If you visit an open house or model home, let the on-site agent know you are represented by Mahogany Realty.
Yvette, what happens when I find a home I want to buy?
Yvette will help you review comparable sales, choose offer terms, prepare the paperwork, and submit your offer. The seller may accept, reject, or counter. Once both sides agree in writing, the transaction moves into contract timelines such as deposits, inspections, financing, appraisal, and closing.
Yvette, should I start with a very low offer?
Sometimes a lower offer makes sense, but it depends on the property, competition, condition, days on market, and seller motivation. Yvette will help you weigh the risk of losing the home against the opportunity to negotiate a better price or terms.
Yvette, is it better to work with several Realtors?
It is usually better to work with one committed buyer agent who understands your goals, timeline, budget, and preferred neighborhoods. That gives you a clearer strategy, stronger communication, and consistent representation throughout the process.