Frequently Asked Philadelphia Real Estate Questions

Philadelphia Real Estate FAQ FAQ

What is the Seller's Property Disclosure?
Required document, from a property seller, that discloses seller known issues on the property.

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What is the Consumer Notice?
The Consumer Notice and the Affiliated Business Arrangement Disclosure Statement are documents the state of Pennsylvania require agents to have clients sign.

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What is a Pre-Approval?
Before beginning the search to buy a home is the first step - getting a mortgage pre-approval, from a lender, or documenting proof of funds (your ability financially afford to purchase). Questions like: How much can I afford? How much are the closing costs going to be? How much down payment can I afford? These are all questions that will need to be answered before you begin looking.

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How Do I Make An Offer To Buy A Home? 

Read tips and guidelines on the process of submitting an offer to a seller.

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Getting A Home Inspection 

What is the process of getting a home inspections and what does it include?

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What Is A Leveraged Return In Real Estate? 
A leveraged return generally refers to the return on investment from money that is not yours.

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