FAQs
Bro N Sis Real Estate is available to help you navigate the process of buying a home, making it smoother and less stressful. As purchasing a home is a significant financial investment, it's important to do your research and be ready to move forward. Take advantage of the resources provided and let Bro N Sis Real Estate guide you through the process. We can't wait see you in your new home.
Buy or Rent? Rent or Buy?
Decide what's right for you.
Unsure? Or trying to figure out the best option, either way, the more educated you are the better you'll be informed. Contact us if you need assistance on where to start.
Benefits & Features
Renting
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Short-Term flexibility
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Ability to move around, change location if needed, especially if new to an area.
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Don't have to worry about repairs & maintenance.
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Monthly costs are usually fixed for the term of the lease
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Some utilities may be included in your rental payment
Buying
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Long-Term Stability
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Build value over the long term
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Pride of ownership
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Interest & property taxes are usually tax-deductible check with your tax advisor.
Buying may be an option if you...
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Plan to stay in one location
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Build equity over the long-term
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Want the potential tax advantages
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Can afford the maintenance costs of owning.
Initial Costs
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Mortgage Application Fees
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Earnest Money
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Down Payment
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Closing Fees
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Moving Expenses
Ongoing Costs
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Mortgage
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Property Taxes
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Homeowner's Insurance
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HOA/Condo Fees (if applicable)
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Private Mortgage (if applicable)
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Plan to move around and don't want to be tied to one location
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Don't have the funds for a down payment and closing cost.
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Can't afford the protentional maintenance costs of owning ( repairs, lawn care, etc )
Initial Costs
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Rental Application Fees
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Security Deposit
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Firt Month's rent and last (sometimes)
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Moving Expenses
Ongoing Costs
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Rent
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Renter's Insurance (if applicable)
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Some Utilities may be paid by the landlord.
Renting may be an option if you...
How much do I need to put down?
Today, there are options for homebuyers who can't afford to pay that much upfront. With Bro N Sis Real Estate, we are here to advise you about your mortgage programs that allow down payment as low as 3% of the purchase price.
What can I afford?
You'll first need to determine what's affordable. Keep in mind, when you're buying a home, you'll have upfront costs - down payment, closing costs - and you'll need to be prepared for these expenses.
What about my credit?
You should take a look at your credit report before you start the homebuying process. This is the time to clean up any inaccuracies or mistakes. Need assistance in rebuilding your credit?
Contact Us.