FAQs
How many homes should I look at before I make a decision?
This is completely up to you as the buyer! Nobody will know what is the right home for you but you! Like many clients are told, you will know when you've found your home because of the feeling you get. As soon as you step foot into a home, you will either get hit with emotion that this is the one, or you won't. It's all up to you to see how you feel and decide if you've found the one, or it's time to move on.
How is Ehis Properties different from others in our field?
Choosing the right agent can make a difference in how quickly and efficiently you can find or sell your house, the price you pay or receive and the smooth completion of the transaction. Finding the right agency pays off in the long run. That's why we at Ehis Properties pride our professional real estate agents who have experience.
How do your fees work?
We apply the earnest money deposit policy which is referred to as the "good faith" deposit. Basically, when a buyer purchases a home, they will provide the seller's real estate company a deposit to hold in their escrow account. The purpose of this is to show us that you are serious about purchasing their home. It also acts as a way to protect us if you the buyer backs out of the deal as a way to hold the us accountable.
If all goes smoothly in the buying process, at the closing table, the earnest money put down will be credited to either the buyer's down payment or closing costs. So in the end, if all goes well, you really just put some of the money you have to pay up earlier in the transaction process.
What price can I expect to get in the current market?
Real estate prices in a current market situation are determined by the market price and the market value. The Market price is what a willing, ready and bank-qualified buyer will pay for a property and what the seller will accept for it. While the Market value is an opinion of what a property would sell for in a competitive market based on the features and benefits of that property (the value), the overall real estate market, supply and demand, and what other similar properties have sold for in the same condition. The major difference between market value and market price is that the market value, in the eyes of the seller, might be much more than what a buyer will pay for the property or it’s true market price. Value can create demand, which can influence price. But, without the demand function, value alone cannot influence price. As supply increases and demand decreases, price goes down, and value is not influential. As supply decreases and demand increases, the price will rise, and value will influence price. Market value and market price can be equal in a balanced market.