Buying Chico Real Estate FAQ's:
Whats the difference between a Real Estate Broker, Real Estate Agent and a REALTOR®?
All of these persons are educated, licensed and legally able to act as intermediaries between buyers and sellers of real estate. There are however some fine distinctions between these titles:
A Real Estate Broker is a person who is licensed to sell real estate. They have higher education requirements than Real Estate Agents and have earned a broker’s license after passing a broker’s exam. Jeanne M. Newton is the Real Estate Broker, REALTOR® and owner of Newton Realty.
A Real Estate Agent is a person who has met the education requirements by completing defined coursework and has earned a real estate license after passing a real estate exam. Katie Starmer-Franck is an outstanding proven Real Estate Agent with Newton Realty
A REALTOR® is a member of the National Association of REALTORS® and is committed to maintaining the professionalism of the industry. They subscribe to the standards and code of ethics of the association. Robert E. Newton & Bruce Smith are both distinguished Real Estate Agents REALTORS® at Newton Realty.
How much can I afford?
Many factors affect how much a home buyer can or should spend on a property purchase. Interest rates, veteran loans, money for a down, life events, these and countless other factors are all part of the equation. That’s why it’s important to connect with an experienced real estate agent who can listen to your needs and guide you safely through your purchase. Start by considering how much you would like your monthly mortgage payment to be. Determine how much you can put down and work closely with one of our recommended lenders. Submit a request for a no obligation, lender recommendation today!
When should I buy?
You should buy when you are ready, willing and able to do so. Buying a home is likely one of the largest purchases you will make in your lifetime and it’s a great investment. According to recent surveys it is 31% more affordable to buy and own a home in Butte County than it is to rent one (Source: CALIFORNIA ASSOCIATION OF REALTORS®). Interest rates are at historical lows, making housing affordable. This is a great time to buy in Chico, CA.
Follow the steps:
1. Contact us
3. Purchase your home
2. Find your home
4. Enjoy your new home