Frequently Asked Questions

FAQ

Frequently Asked Questions

Am I Ready to Be a Homeowner?

The home buying process can be daunting and Luso Real Estate Group makes the process a breeze as we work with lenders that can get you pre-approved before you start looking so you know your budget and what you can afford.

Is Renting or Buying Better?

Owning a home is a dream for many people and buying a home can actually cost less than renting.

What Is the Lender's Formula?

Lenders base eligibly on credit scores, income, expenses, the purchase price of the home, appraised value, and other factors. Contact us today and we can help you through every step of the process.

What Do I Look for in Homes?

Location is always important. The home must be in your budget. We are happy to discuss everything with you and find the properties that you desire.

Do I Need a Home Warranty?

Home warranties can be useful and it is always a good idea to shop around to ensure you’re getting the best deal.

What Should I Expect at Closing?

Luso Real Estate Group will prepare you well in advance of closing as you will know that costs, documents, and other requirements are necessary before the closing.

What Is Pre-approval?

When a lender analyzes your credit scores and income, they can provide a pre-approval letter so that you know what price range you need to be in for your purchase.

Am I Ready to Rent?

If buying a home isn’t right for any reason, we can still get you into a home that fits your budget.

What Should I Offer?

Market conditions are a huge part of the offer price. When real-estate markets are hot, many homes are sold for thousands of dollars over the asking price. When markets are slow, you can sometimes buy a home for less than asking price. We will help you and ensure that your offer is competitive and get you into the home of your dreams. 

Can I Ask You for Advice?

Not only do we want you to ask us for advise, we would be offended if you didn’t! Luso Real Estate Group aims to guide you through every step of the process and get you to the closing table fast.

Together, we make dreams come true!

Contact us today for assistance and we promise to exceed your expectations.

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