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  • Can I negotiate the asking price of a home?
    Yes, you can negotiate the asking price of a home. However, it's important to be reasonable and considerate in your negotiations to ensure a successful outcome.
  • What is a home inspection?
    A home inspection is a thorough evaluation of a property’s condition. It includes examining the structure, systems, and appliances, to identify any issues or potential problems.
  • How do I know if I can afford a home?
    A good rule of thumb is to keep your housing costs at or below 30% of your monthly income. You can also get pre-approved for a mortgage to determine your budget.
  • What is earnest money?
    Earnest money is a deposit made by the buyer to show they are serious about purchasing a property. It is typically 1-2% of the purchase price and is held in an escrow account until closing.
  • What is the difference between a pre-qualification and pre-approval for a mortgage?
    A pre-qualification is an estimate of how much you may be able to borrow based on your income and credit score, while a pre-approval is a more detailed analysis of your financial situation that gives you a specific loan amount that you are approved for. A pre-approval can help you make a stronger offer on a home.
  • Where do I find more info about Buying Selling, and Investing?
    Go to AnaMariaMendiola.com/faq or Start here >>>
  • What services does a real estate agent provide?
    A real estate agent provides a range of services, including property valuations, marketing properties, negotiating sales or leases, and providing advice and guidance to clients.
  • How does a real estate agent get paid?
    Real estate agents typically earn a commission based on the sale or lease of a property. The commission from the land lord, it is usually a percentage of the sale or lease price and is split between the buyer's agent and the seller's agent.
  • In what locations you provide your services?
    My Services are for Miami Dade area and I am specialized in following locations: Miami - North Miami, Aventura, Golden Beach, Sunny Isles Beach, Bal Harbour, Surfside, Miami Beach, Nautilus, Venetian Islands, South Beach, Fisher Island, key Biscayne, Biscayne, star Island, Palm Island, Hibiscus Island, Sunset Islands, Brickell Key, Edgewater, Beverly Terrace, Miami Shores, Upper East Side, Eastern Shores, North miami Beach, Ojus, Keystone Islands, Biscayne Landing,
  • Should I hire a real estate agent?
    Yes, a real estate agent can guide you through the process, provide valuable insights on the market, and negotiate on your behalf. They can also help you save time and money.
  • How can I prepare my home for sale?
    You can prepare your home for sale by decluttering, depersonalizing, and deep cleaning. You may also want to make any necessary repairs or upgrades, stage the home for optimal presentation, and work with a real estate agent to determine the best pricing strategy.
  • What is a home inspection?
    A home inspection is a thorough evaluation of a property’s condition. It includes examining the structure, systems, and appliances, to identify any issues or potential problems.
  • How long does it typically take to sell a home?
    The length of time it takes to sell a home can vary depending on market conditions, location, and pricing strategy. On average, it may take anywhere from a few weeks to several months to sell a home.
  • What is earnest money?
    Earnest money is a deposit made by the buyer to show they are serious about purchasing a property. It is typically 1-2% of the purchase price and is held in an escrow account until closing.
  • Can the landlord evict me before the lease term ends?
    The landlord can only evict the tenant if they violate the lease agreement or fail to pay rent. The eviction process is governed by state and local laws and must follow proper procedures.
  • Who is responsible for repairs and maintenance?
    The landlord is responsible for repairs and maintenance unless the tenant caused the damage. However, minor repairs and maintenance may be the tenant's responsibility, as specified in the lease agreement.
  • How do I terminate the lease agreement?
    To terminate the lease agreement, the tenant should provide written notice to the landlord, usually 30 days in advance. The notice should include the reason for termination and the move-out date. The tenant may be responsible for paying rent until the move-out date specified in the notice.
  • What is the security deposit and how much is it?
    The security deposit is a sum of money paid by the tenant to the landlord to cover any damages or unpaid rent. The amount varies but is usually equivalent to one or two months' rent.
  • Can I sublet the rental property?
    It depends on the lease agreement. Some landlords allow subletting, while others prohibit it. If the lease prohibits subletting, the tenant cannot sublet the property without the landlord's consent.
  • Can I negotiate the rental price with the landlord?
    Yes, you can try to negotiate the rental price with the landlord through your real estate agent. However, it ultimately depends on the landlord's willingness to negotiate and the rental market in the area.
  • Can the landlord raise the rent during the lease term?
    Usually no, the landlord can't raise your rent during the lease time, but, It depends on the lease agreement. If the lease includes a rent increase clause, the landlord can raise the rent at the specified time. Otherwise, the landlord cannot raise the rent until the lease term expires.
  • How do I renew my lease agreement?
    To renew the lease agreement, the tenant should contact the landlord before the lease term ends and express their interest in renewing. The landlord may offer a new lease agreement with updated terms. Check with your real estate agent for more details or contact me here >>>
  • What is the typical lease term for a rental property?
    The typical lease term for a rental property is 12 months. However, landlords may offer shorter or longer leases depending on the property and their preference.
  • What is included in the rental agreement?
    The rental agreement should include the lease term, rental price, security deposit, late fees, rules and regulations, and any other specific terms agreed upon by the landlord and tenant.
  • How do I know if a property is worth investing in?
    You can evaluate a property's worth by looking at its location, condition, amenities, and potential for appreciation. It's also important to consult with a professional real estate agent who can provide expert insights and market data. Contact me here >>>
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