7 Common First Time Home Buyer Questions | Home Buying Questions to Ask

7 Common First Time Home Buyer Questions | Home Buying Questions to Ask

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7 Common First Time Home Buyer Questions

0:30 | What's the first step?
1:54 | What is the fee to use a buyer's agent?
4:23 | Is the downpayment part of closing costs?
5:41 | Where does the Earnest Money Deposit (EMD) go towards?
6:57 | Do I have to waive the home inspection to win a multiple offer situation?
9:17 | How do I get out of this contract?
11:21 | Are the sellers trying to pull a fast one on us?

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Matt Leighton - Arlington VA Real Estate Agent
Licensed in VA and D.C.
Century 21 Redwood Realty
1934 Wilson Blvd
Arlington, VA 22201

[ashleyf.]

Just wanted to let you know i’m buying my first home on my own and your videos have really really really made sense of everything. I feel much more comfortable about moving forward with what to expect financially, mentally etc. Thank you Thank you! 😊

[maril]

Even good for 2nd time buyers! Thumbs up from New York.
I would never skip a home inspection

[SamanthaKamilos]

Just wanted to say a big THANK YOU for all your videos! We are closing on our first home in 2 weeks and your videos have helped explain so much and helped put my mind at ease! You were the first video that I watched when I went searching for advice on youtube! Shame you don't have more subs and views, kinda a tougher channel model since many just come and get the info they need while they are going through the process and then leave when they don't really need the info anymore! I subbed anyway, you never know when I will need this stuff again, it's all very interesting! GREAT channel though, great personality, and high content value! My only requests would be any home OWNER tips you may have, ways to help the home hold its value over time, other helpful info for when you are not buying or selling but in between! I'm sure someday we will need to sell and I will want to prepare for that eventuality the whole time, not just last minute someday in the future! Anyway, thanks again!!!

[GMU]

To Follow up Matt, we bought out first home finally. Our buyer is paying the closing cost entirely. Something I haven’t seen anyone talk about is why is there a listing price but when the house is appraised it’s possible the price drops? Also conventional loans appraise homes more appealing to the buyer than other loans. We lucked out we offered what the buyer wants for price wise but appraised way more than the buyer asked for. They also doing the repairs from the home inspection we requested. Key things to look for are big ticket items hvac, roof windows when house shopping. Pictures don’t mean anything we went to see many homes in the Nova area and not what the pictures portrayed so it’s always good to see them in person. Our buyer had well maintained the home 2 year old roof gutters and warranty on hvac, plumbing, and electric on top of giving us home warranty which is common. A lot don’t focus on the outside of the home but the inside which is risky. Bad roof equals wet walls and ceiling down the roads Also look at trees sitting close to roof the trees have acid that could damage the roof. Also the way the house sits on hills if water comes towards to house. Key things to look for when starting your home search.

[ChiChiT]

I'm buying my first home and I must say that this is ALOT of information to take in but great nonetheless. I will have to watch it again. Thanks

[isaiahhiserman]

I'm only 19 so I think I'll just stick to renting for a couple more years🤧😂 but it's still good to know these things

[dymirtatem]

Great video! I literally was pre approved for a home loan five minutes prior to launching the YouTube app. This was the first video in my feed. Lol

[Billothy]

I'm gonna be starting to look for a house hopefully sometime soon so I appreciate the clear way you present these videos.

[AlvinSeville]

I'm buying my first home and it's in another state. I'm trying to go through this step by step and yes, sometimes I get butterflies. The lender seems to be a nice guy and I'm in the process of saving and waiting. Thank you for your time. I could sure use the help!

[kimberlygriffin]

Today I went to home inspections and I have the best realtor and his name is Frank Mayolo. And thank you for the all the information. 👍❤️

[reyrallos]

Your videos are very helpful and prepares a lot of us first time home buyers to be confident. I'm glad I found this video if I had not I probably would have just sat down and waited couple months or years to buy a house. Time is money for us in the military invest while you're still in. Thank you very much! More power to you Sir!

[raquelhenderson]

Where should my credit score be for sellers to take me serious??? And if I am buying a two hundred thousand dollar townhome how much should I save up on down payment etc??

[fxbadger]

Great video man, want to ask...when looking at comps how do l know the condition they were in when they were sold .l'm trying to find the value of a property.Thanks

[rogeroropeza]

I'm still looking for a van to live in..

[isidoramartinez]

My lender does not want to print my pre approval letter. I wonder why? He said he is sending direct to me realtor

[ThaDonShawn]

Thanks Matt for the videos. Saved on the "admin fee" for the buyers agent by reading the contract and had it waived.

[joannrandolph]

I have learned a lot thank u for all the information I needed

[aliciaverduzco]

I’m just now starting my journey, thank you for this info! #Noted 👍🏼

[MeuesenexD]

I have a VA loan, so my closing costs are paid via the seller. With Ernest money, where does that go?

[JAVIERMARTINEZ-pnnm]

I wish you were located in NY, i want to get into buying a house