- Muskegon Heights, Michigan, United States
FAQ
Frequently Asked Questions
How do I know how much house I can afford?
A lender can pre-approve you for a specific amount based on your income, credit score, debt-to-income ratio, and savings. As a general rule, your mortgage payment should not exceed 28–30% of your gross monthly income.
How much money do I need for a down payment?
The amount depends on the type of loan. Conventional loans typically require 3–20%, FHA loans need at least 3.5%, and VA or USDA loans may offer 0% down options.
What is the best time to sell my home?
Spring and summer are typically the best times to sell, as more buyers are actively searching. However, selling in the winter or fall can be beneficial due to less competition.
How do I determine my home's market value?
Call TLK Real Estate at 231-375-8779. We will conduct a comparative market analysis (CMA). We will compare your home to recently sold, similar properties in the area, considering factors like size, location, condition, and features.
Still have a question?
If you cannot find an answer to your question in our FAQ, you can always contact us