1. Should I Buy A Home Or Rent?
When you rent, you pay a mortgage – not yours, but your landlord’s. When you pay rent, the money is gone. Sure you have a home, a place to live, but can you tweak it to really make it your own? You might not be able to garden, paint, hang pictures with nails, or have a pet… the list goes on.

When you own your home, property taxes, the interest part of the mortgage payment may be tax deductible. The resulting tax savings can be significant. Plus the house is yours to do whatever you would like to it!

2. The Importance Of A Real Estate Agent
At Amarillo Team, all agents go through extensive educational training before they can practice real estate. Our agents will listen to all your wants and needs to find you your perfect dream home. They are well versed in many different neighborhoods and the pricing of each area.

In any market, hiring an experienced negotiator may save you thousands of dollars. Our agents handle negotiations through every stage of the deal, from the original offer, accepted offer, inspections and the appraisal process. An agent with great negotiating skills is very important to having the deal go smoothly.

3. How Much Money Will I Need To Buy A Home?
Generally, you will need enough money to cover the down payment, which is a percentage of the cost of the home that you must pay when you go to contract, plus closing costs (the cost associated with processing the paperwork to buy a home).  Depending on the type of loan or grant program you use, this number varies greatly.  In some cases, you can buy a house for less than $1000 out of pocket.  We can show you how!

4. How Do I Know Which Mortgage Is Best For Me?
From first-time home buyers and Veterans Loans, to Conventional and Jumbo loans, our agents will provide you with recommendations for reputable mortgage bankers and finance companies that will assist you with your pre-approval.

5. What Will Happen At The Closing?
In a nutshell, you will sit at a table with your agent and an Escrow/Title Agent and many papers requiring your signature.

You will receive an explanation of each page and have time to ask questions. Three days prior to your scheduled closing date, your lender is required to give you a document explaining the closing costs. If you do not receive those items, be sure to call your lender before you go to closing, and do not hesitate to ask any questions.

Within a few hours of both the buyer and seller signing all documents, you will receive the keys to your new home!


We are here to hold your hand through each and every step of the process!