Conquering Sacramento Real Estate with Sac Platinum Realty

Buying or selling a home in Sacramento? Here are answers to the top 10 questions to guide you. This blog by Sac Platinum Realty provides clear, concise answers for Sacramento buyers and sellers

1. How Can I Get Pre-Approved for a Mortgage?

Getting pre-approved for a mortgage is a crucial first step in the home-buying process. Get pre-approved by submitting pay stubs, tax returns, and bank statements to a lender. 

2. What Are the Different Types of Mortgages Available?

Choosing the right mortgage depends on your financial situation and long-term goals. Here are some common types:

• Conventional Loans: Great for those with strong credit scores.  
• FHA Loans: Lower down payments, ideal for first-time buyers.
• VA Loans: For veterans, with no down payment.

3. What Is the Home Inspection Process Like?

An inspector checks the property from roof to foundation. You'll get a detailed report, which can help you negotiate repairs or decide if the home is right for you.

4. What Do I Need to Do to Close on a Home?

Closing on your new home is the final step in the buying process. Review and sign loan documents, finalize financing, and secure homeowner's insurance. On closing day, sign paperwork, pay costs, and get your keys.

Feeling overwhelmed by the closing process? Don't worry, Sac Platinum Realty is here to guide you every step of the way. Learn more about what to expect at  closing on a home

5. How Can I Increase the Value of My Home Before Selling?

Boost your home's value with curb appeal, cleanliness, and minor upgrades like fresh paint.

6. What Will It Cost to Sell My Home?

Selling your home typically involves costs up to 8% of the sale price. This includes realtor commissions, closing costs, and potential minor home improvements.

7. What Happens at Closing When I Sell My Home?

Closing, also known as settlement, is the final step in selling your home. Sign documents to transfer ownership. After paying costs, you'll receive the remaining proceeds.

Learn more about what to expect at closing on a home sale, including a breakdown of common closing costs

8. How Can I Market My Home Effectively to Reach Potential Buyers?

Effective marketing is crucial to selling your home quickly and at the best price. Focus on creating a strong first impression:

• Professional Staging:  Arrange your home nicely.
• High-Quality Photos: Attract more interest online. Use clear, good pictures.
• Detailed Listings:  Describe your home well.

9. What Neighborhoods in the Sacramento Area Are Known for Good Schools?

Several neighborhoods in the Sacramento area are known for their excellent schools. Consider Rancho Cordova, Roseville, Folsom, Granite Bay, Rocklin, and Davis for top-rated schools.

10. How Do Property Taxes Work?

Property taxes are an annual fee paid to your local government. Your property (land and house) is assessed for value, and this amount is multiplied by a fixed tax rate to determine your annual tax. The rate is set by your local government and can vary depending on where you live.

Sac Platinum Realty is here to provide the best real estate advice and services in Sacramento. Contact us today!

For more information, visit Sac Platinum Realty.