Common Home Buying Questions Answered [Real Estate Insider]

May 6, 2020 7:05:01 PM / by Brett O'Daniell

Couple signing home-purchase contract-2


Simply put, for the first time home-buyer - buying a home is a complicated process. Vigilant consumers of have a lot of questions throughout the process. HomeTraq provides an outline of some of the most frequent questions and their answers.


  • What's the first step in buying a home?
    Applying for a mortgage is the first step, you should have double checked your finances and made a decision on what you can afford monthly.
  • How do I know I am ready to buy a home?When you are comfortable financially and are sure you can afford a home and when you naturally start looking and picturing that big yard or big kitchen.
  • What is title insurance?
    It is your insurance to protect you from any disputes of ownership of the house.
  • Is buying a foreclosed home a good idea?
    It can be a great investment opportunity for you and your family, but do your research first. Ideally you should be an experienced homebuyer or very handy with tools!
  • What are the tax benefits of buying a house?
    There are a lot of tax breaks you get with owning your own home. Just to name a few you could get tax breaks on energy efficiency, private mortgage insurance.
  • How do I sell a house?
    Research the market to make sure it is the best time to get the best price. After that you can use HomeTraq and the vast network of agents to make sure you get people starting to tour your home.

While the home-buying process may be complicated, HomeTraq provides the #1 home-hunting experience. Simply find your dream home with our exclusive database and meet a realtor within minutes or schedule your live video tour. No obligation, no commitment. HomeTraq's free service guarantees a superior home-buying experience.

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Happy House Hunting!

Topics: real estate, home search, home purchase, before you buy, buying a home, homebuying, online home buying, innovation

Brett O'Daniell

Written by Brett O'Daniell

Co-Founder of HomeTraq. 18+ years real estate and mortgage experience.

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