BUYING Your Home Imagine buying your dream home. Let our experienced staff help you make it happen.

    Our team of local experts is ready to guide you through the home-buying process. We are committed to fast, professional and courteous service to help you understand and feel at ease throughout the home buying process. Our trained and licensed agents specialize in the Utah area real estate market and are prepared to find the right home and get the best price.

    Caterina Bezer

    Caterina is the premier buyer’s agent in the Sale Lake City area. Clients adore Caterina for her ferocious yet congenial personality. Everything that Caterina has, she’s earned with hours of hard work and dedication. If you are going to buy a home in Utah, there simply isn’t a better agent to work with.

     

     

    Lori Chernosky

    Lori has spent many, many years involved in real estate, whether it was in the mortgage industry, buying and selling her own homes, or helping clients find their dream home. Lori will go the extra mile for you to make sure all your wants and needs are met. She truly loves helping others in every way possible.

     


    Buying a home can be scary, here are some common Q&A’s to calm your nerves!

    Q. What is the first step of the home buying process?

    A. Getting pre-approved for a mortgage is the first step of the process. Getting a pre-approval letter from a lender will get the ball rolling in the right direction.

    Q. How long does it take to buy a home?

    A. On average, from start to finish buying a home usually takes around 10-12 weeks. Once an offer is accepted, the average time to complete the escrow period is 30-45 days.

    Q. How much do I have to pay an agent to help me buy my home?

    A. Home shoppers pay little or no fees to an agent to buy a home. Here’s why: Agents who represent buyers are compensated by the listing broker for bringing home buyers to the table. When the home is sold, the listing broker splits the listing fee with the buyer’s agent. Thus, buyers don’t pay their agents.

    Q. What kind of credit score do I need to buy a home?

    A. Most loan programs require a FICO score of 620 or better. Borrowers with higher credit scores represent less risk to lenders, often resulting in a lower down payment requirement and better interest rate.

    Q. How much do I need for a down payment?

    A. The national average for down payments is 11%. Although for first time home buyers, the percentage drops to 3-5%.

    Q. Should I sell my current home before buying a new one?

    A. If the built-up equity in your current home will be applied to the down payment on the new home, naturally the former will need to be sold first. Some home buyers decide to turn their current home into an investment property, renting it out. In that case, the current home will not need to be sold. However, your loan advisor will still need to evaluate your risk profile and credit history to determine whether making a loan on a new home is feasible while retaining title to the old home. Buyers often have a short time frame to sell their current home when relocating to a new city because of a job transfer. If you are moving but taking a position with the same employer, check to see if they offer relocation assistance to help offset some of the costs.

     

    1

    Property Basics

    2

    Features

    3

    About You