Buyer FAQ
Everything You Need to Know Before Buying a Home in Seattle
Getting Started
The first step is getting pre-approved by a mortgage lender. This helps you understand your budget and shows sellers you’re a serious buyer.
The process typically takes 1 to 3 months depending on your readiness, market conditions, and whether you’re financing or paying cash.
Yes. A buyer’s agent represents your interests, helps you negotiate, avoids costly mistakes, and gives you access to off-market opportunities. It’s usually free for buyers.
We work with many out-of-state and international buyers. Our team offers virtual consultations, digital tours, and remote closings.
Just let us know your name, email, and preferred time. We’ll schedule a 30–45 minute Zoom session to review your goals and explain the buying process.
Financing & Budget
You can buy with as little as 3% down depending on your loan type, though 5–20% is most common.
Closing costs typically range from 2% to 5% of the purchase price and include lender, title, escrow, and insurance fees.
Yes. You may need at least 40% down and proof of funds covering two years of payments.
Mortgage brokers offer more loan options and competitive rates. We can introduce you to trusted lenders.
Yes. Gifted funds are allowed by most lenders with proper documentation.
Home Search & Offers
We recommend areas based on your budget, commute, school district, and lifestyle needs during our consultation.
We’re happy to offer insights, advice, and market updates so you’re prepared when the time is right.
Yes. We can represent you in builder transactions at no cost and ensure your interests are protected.
Yes. Our team often helps clients access homes not listed on public websites like Zillow.
Send us the link. We’ll check its history, value, and help arrange a tour or virtual showing.
Inspection, Contracts & Risks
If accepted, you’ll enter escrow. We’ll guide you through inspections, financing, and all paperwork.
Earnest money is typically 1–3% of the purchase price. It shows good faith and is applied to your down payment.
In competitive markets, some buyers do. We’ll help you weigh risks and other strategies to stay competitive.
You may request repairs, negotiate credits, or cancel the contract under your contingency terms.
We’ll help you renegotiate or explore ways to cover the gap based on your financing strategy.
Special Buyer Scenarios
Yes. You can buy contingent on your sale, use a bridge loan, or explore creative timing strategies.
Yes. We suggest attending our consultation together to make the best informed decisions.
Yes. We help buyers evaluate cash flow, rental potential, and long-term investment value.
Yes. We are happy to use your preferred communication method.
Yes. Our team includes native Mandarin speakers who can assist throughout the entire buying process.
After Closing
You receive the keys and become a homeowner. We provide ongoing support, referrals, and resources after the sale.
Yes. You can refinance when interest rates drop or your financial situation improves.
Yes. Many of our clients work with us again to sell, upsize, or invest.
Skipping inspections, not getting pre-approved, and rushing into offers. Our team helps you avoid these pitfalls.
We’re local experts with a strong record of success. Our approach is data-driven, client-focused, and personalized — with 5-star reviews and a loyal client base.
Ready to Get Started?
Feel Free to ask any Questions
Book your free consultation or download our Buyer’s Guide now.