Is it true that 1st time homebuyers get a "special deal" when buying a home?
Yes they do. The South Dakota Housing Authority has some wonderful programs that make it much easier for 1st time buyers to own a home. I love working with SD Housing buyers & would be pleased to spend an hour with you explaining the programs available.
Is this the right time to buy?
It depends upon your individual situation. If your family needs more (or less) space and have been thinking about a different home than this is the perfect time to buy. Interest rates continue to be very low & there is a good selection of homes. If you love your present home & don't really want to move, then refinancing to a lower interest rate might be a better option.
If I hire you to be my real estate agent, who pays your commission?
In nearly all home sales that are handled by agents in the Sioux Falls area, the sellers pay the agent's commission. Your buyer agency agreement explains how that works.
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