Find answers to the most common questions about buying, selling, and renting properties with Milestone Real Estates.
General Inquiries
Milestone Real Estates primarily serves the broader metropolitan area and surrounding suburbs. If you are looking for property outside our primary zones, please contact us, and we can connect you with one of our trusted affiliate partners.
Our agents are highly trained professionals with years of experience in the local real estate market. They regularly undergo continuing education to stay updated on the latest market trends, legal regulations, and negotiation strategies.
Buying Property
While it is not strictly required, we highly recommend getting pre-approved. A pre-approval letter shows sellers that you are a serious and qualified buyer, which gives you a significant advantage in a competitive market.
Down payment requirements vary depending on the type of loan you secure. While the traditional standard is 20%, many programs allow down payments as low as 3% to 5%. Our financial partners can help you find a mortgage program that fits your budget.
Selling Property
We conduct a Comparative Market Analysis (CMA). This involves evaluating recently sold properties in your neighborhood that are similar in size, condition, and features to determine a competitive and realistic listing price.
Not all renovations offer a good return on investment. We usually recommend minor cosmetic updates like painting, decluttering, and landscaping. Before undertaking major renovations, consult with our agents to ensure they will actually increase your home's resale value.
Renting Property
Typically, you will need to provide a government-issued ID, proof of income (such as recent pay stubs or tax returns), bank statements, and references from previous landlords. We will also conduct a background and credit check.
The security deposit is usually equivalent to one month's rent, but this can vary depending on the specific property and your credit history. The exact amount will be outlined clearly before you sign the lease.
Still Have Questions?
Our expert team is here to provide the answers and guidance you need.
