Buyer FAQs

  • Where do I start if I want to buy a home?

    Start with a Strategy Session! We’ll walk you through the steps to becoming mortgage-ready, connect you with trusted lenders, and help define your home priorities.

  • Do I need to be pre-approved before house hunting?

    Yes! Pre-approval shows sellers you’re serious and financially ready. It also helps you shop within your budget.

  • How much do I need for a down payment?

    It depends! While 20% is traditional, many buyers qualify with 3–5%, and there are down payment assistance programs available.

  • What costs should I expect at closing?

    Closing costs typically range from 2–5% of the purchase price and include lender fees, title insurance, and taxes.

  • Do I need a buyer’s agent?

    Absolutely. A buyer’s agent represents your interests, negotiates on your behalf, and guides you through contracts and contingencies.

  • How long does the homebuying process take?

    On average, 30–60 days from contract to closing, but it depends on your financing, the property, and negotiations.

Seller FAQs

  • What’s the first step to selling my home?

    Schedule a Strategy Session. We’ll assess your home, review the market, and create a customized plan to prepare, price, and promote your property.

  • How do you determine the right asking price?

    We perform a detailed market analysis and compare your home to similar recent sales to ensure it’s competitively priced to attract buyers and maximize your return.

  • What are typical seller costs at closing?

    Sellers usually cover agent commissions, title transfer fees, and agreed-upon repairs or credits.

  • How long will it take to sell my home?

    It depends on market conditions and pricing, but many homes sell within 30–60 days when priced correctly.

  • Do I need to stage my home before listing?

    Staging isn’t always required but can help your home sell faster and for more. We offer staging tips and recommendations as part of our listing services.

Renter FAQs

  • How can Mahogany Realty Group help me find a rental?

    We offer a Personalized Property Search to help match you with rentals that fit your budget, lifestyle, and location preferences.

  • What do landlords look for in an application?

    What do landlords look for in an application?

  • Do I need good credit to rent a home?

    Most landlords require a credit check, but we can help you understand your report and strengthen your rental application if needed.

  • How much income do I need to qualify for rent?

    Most landlords require income to be at least 2.5–3 times the monthly rent.

  • What documents will I need to apply for a rental?

    Be prepared with proof of income, recent pay stubs, identification, and rental history. We’ll guide you through the process.

  • Can I negotiate my rent?

    Sometimes. Depending on the market, you may be able to negotiate rent, move-in dates, or included utilities.

Investor FAQs

  • What types of investment properties are best for beginners?

    Single-family rentals and small multifamily properties are often good starting points.

  • How do I analyze whether a property is a good deal?

    Look at cash flow, cap rate, ROI, and location trends — we provide tools and worksheets to help.

  • Do I need a large down payment for investment properties?

    Typically 15–25% for conventional investment loans, though financing options vary.

  • What are the risks of real estate investing?

    Vacancies, unexpected repairs, and market shifts. A solid strategy minimizes these risks.

  • 5. Are there tax benefits to owning investment property?

    Yes — deductions for mortgage interest, property taxes, depreciation, and expenses can all benefit investors.