
Frequently Asked Questions
General Real Estate Questions
When buying a home, consider factors like location, price, condition of the property, nearby amenities, and your long-term needs. Working with a knowledgeable real estate agent can help guide you through this process.
The typical down payment is between 3.5% to 20% of the home’s purchase price, depending on the loan type. FHA loans require as little as 3.5%, while conventional loans may require more. Speak to a lender to determine what works for your situation.
Whether you should buy or rent depends on your personal financial situation and lifestyle preferences. Buying a home offers long-term investment potential, but renting can offer more flexibility. It’s important to assess your financial readiness and future plans.
Buying & Selling Homes
The process of buying a home typically takes 30 to 60 days once an offer is accepted. This timeline includes home inspections, financing, and closing procedures. However, it can take longer if there are complications with the financing or negotiation process.
Pricing a home requires both skill and strategy. A Comparative Market Analysis (CMA) is often used to determine your home’s value by comparing it to similar properties in the area. Partnering with Don Skultety, a knowledgeable real estate agent, ensures you set a competitive price that attracts the right buyers.
Staging can make a big difference in how buyers perceive your home. A well-staged home looks inviting, and buyers can better envision themselves living there. Staging can be a worthwhile investment to help sell your home faster and at a higher price.
Financing & Mortgages
A mortgage pre-approval is a letter from a lender indicating how much you can borrow based on your financial situation. It helps you understand your budget and shows sellers you’re a serious buyer, giving you an edge in competitive markets.

Common types of mortgages include conventional loans, FHA loans, VA loans, and USDA loans. Each type has its own requirements, so it’s essential to research which one fits your financial situation best.
Closing costs typically range from 2% to 5% of the home’s purchase price and cover fees for appraisals, inspections, title searches, and lender costs. It’s important to budget for these additional expenses when buying a home.
Ready to start your successful sale? Call us at 916-444-6900 and let’s get started!