Your Guide to Buying a Home
Everything you need to know about the home buying process — from pre-approval to closing day.
The Home Buying Process
Buying a home can feel overwhelming, but it follows a predictable path. Here's what to expect at each stage — and how we guide you through it.
Why Work With Prestige Realty Group?
Your buyer's agent works exclusively for you — at no direct cost to you (the seller pays the commission). Here's what you gain by choosing us as your advocates.
Deep Local Market Knowledge
We track pricing trends, neighborhood developments, school data, and market absorption rates across the {client.city} area daily. This knowledge positions you to make confident, informed decisions — whether the market favors buyers or sellers.
Skilled Offer Negotiation
Writing an offer is more than a number. We use strategic contingencies, timing, and terms to make your offer competitive without overpaying. And when it's time to negotiate inspection items, we advocate firmly for your position.
Trusted Professional Network
Great real estate transactions require great professionals. We've built relationships with reliable lenders, home inspectors, title companies, and contractors over years of practice — so when you need a referral, you get a trustworthy one.
Personalized, Attentive Service
We work with a focused number of clients at a time so every buyer gets genuine attention. You'll have direct access to us — not an assistant — and responses to your questions within hours, not days.
First-Time Buyer Tips
Common questions from buyers entering the market for the first time — answered honestly.
How does my credit score affect my mortgage?
Your credit score directly impacts the interest rate you'll qualify for. A score of 740 or higher typically earns the best rates. Even a fraction of a percent difference in rate can add up to tens of thousands of dollars over the life of a loan — so it's worth reviewing your credit well before you start shopping.
What's the difference between pre-qualification and pre-approval?
Pre-qualification is a quick estimate based on self-reported information — it carries little weight with sellers. Pre-approval involves a verified review of your income, assets, and credit by a lender. A pre-approval letter signals to sellers that you're a serious, qualified buyer.
How much do I need for a down payment?
Conventional loans often require 5–20% down, but FHA loans allow as little as 3.5% with qualifying credit. Some programs offer down payment assistance or zero-down options for eligible buyers. We'll connect you with lenders who can outline what's possible for your situation.
What are closing costs and who pays them?
Closing costs typically run 2–5% of the purchase price and include lender fees, title insurance, attorney fees, and prepaid expenses. While buyers typically pay most closing costs, it's often possible to negotiate for the seller to contribute — especially in a slower market.
How long does the buying process take?
From starting your search to receiving keys, the process often takes 2–4 months, depending on market conditions, how quickly you find the right property, and your loan type. Once under contract, closing typically takes 30–45 days.
Ready to Start Your Home Search?
There's no pressure and no obligation. Let's have a conversation about your goals, your timeline, and how we can make your home purchase as smooth as possible.
Available for in-person meetings, phone calls, or video consultations.