Frequently Asked Questions
Find answers to common questions about buying, selling, and working with Market Realty Group
For Buyers
How much money do I need for a down payment?
Down payment requirements vary by loan type:
- Conventional loans: Typically 3-20% down
- FHA loans: As low as 3.5% down
- VA loans: 0% down for qualified veterans
- USDA loans: 0% down for qualifying rural properties
We work with excellent lenders who can help you determine the best option for your situation.
Should I get pre-approved before looking at homes?
Yes! Getting pre-approved is crucial because it:
- Shows sellers you're a serious buyer
- Helps you understand your budget
- Speeds up the closing process
- Gives you an advantage in competitive markets
We can connect you with trusted lenders who will make the pre-approval process smooth and straightforward.
What's included in closing costs?
Closing costs typically range from 2-5% of the purchase price and may include:
- Loan origination fees
- Title insurance and search
- Home inspection
- Appraisal fee
- Attorney fees
- Recording fees
- Property taxes (prorated)
We provide detailed estimates early in the process so there are no surprises.
How long does it take to buy a home?
The timeline varies, but typically:
- House hunting: 2-8 weeks (depending on market conditions)
- Offer to accepted contract: 1-3 days
- Inspection and appraisal: 1-2 weeks
- Closing: 30-45 days from accepted offer
In competitive markets, we can help you move quickly to secure the right property.
For Sellers
How do you determine the right listing price?
We use a comprehensive approach:
- Comparative Market Analysis (CMA) of recently sold homes
- Current active competition in your area
- Your home's unique features and upgrades
- Current market conditions and trends
- Professional assessment of your property's condition
Our goal is to price your home competitively to attract qualified buyers while maximizing your return.
What should I do to prepare my home for sale?
We recommend:
- Declutter and depersonalize spaces
- Deep clean every room
- Make necessary repairs
- Fresh paint in neutral colors
- Improve curb appeal (landscaping, front door)
- Stage key rooms
We provide a detailed preparation checklist and can recommend trusted contractors if needed.
How long will it take to sell my home?
The timeline depends on several factors:
- Market conditions: Seller's market vs. buyer's market
- Pricing strategy: Competitively priced homes sell faster
- Property condition: Move-in ready homes attract more buyers
- Location: High-demand areas sell quicker
- Time of year: Spring and summer typically see more activity
With our proven marketing strategy and pricing expertise, many of our listings receive offers within the first few weeks.
What are your commission fees?
Our commission structure is competitive with industry standards and covers:
- Professional photography and virtual tours
- Comprehensive online and social media marketing
- MLS listing and syndication to major real estate websites
- Open houses and private showings
- Expert negotiation and contract management
- Transaction coordination through closing
Contact us for a detailed discussion of our services and fees.
About Falcon Woods
What makes Falcon Woods different from other new construction?
Falcon Woods stands out with:
- Only 30 units for an exclusive community feel
- Premium finishes including quartz countertops and designer fixtures
- Sound barrier wall construction for privacy
- 9-foot main floor ceilings
- 25+ acres of natural habitat and conservancy
- Walk-in closets and finished lower levels
- Close to downtown Burlington amenities
What are the HOA fees and what do they cover?
HOA fees cover:
- Exterior maintenance and landscaping
- Snow removal
- Common area maintenance
- Insurance for buildings and common areas
- Trash and recycling services
Contact us for current HOA fee details and the complete list of covered services.
Can I customize my Falcon Woods unit?
For units still in pre-construction phase, we may be able to accommodate certain upgrades and customizations. Available options depend on the construction stage. Contact us early to discuss your preferences.
Working with Market Realty Group
What areas do you serve?
We specialize in Southeast Wisconsin, including:
- Racine County (Burlington, Caledonia, Waterford, Rochester)
- Kenosha County (Kenosha, Pleasant Prairie, Salem Lakes)
- Milwaukee and surrounding areas
- Walworth County (Lake Geneva, Elkhorn, Delavan)
With over 18 years of experience and 500+ transactions in these areas, we know the local markets intimately.
Do you work with first-time homebuyers?
Absolutely! We love working with first-time buyers. We provide:
- Patient, detailed explanations of the entire process
- Lender recommendations for first-time buyer programs
- Guidance on down payment assistance options
- Education about budgeting and long-term homeownership costs
- Support every step of the way, from pre-approval to closing
How do I get started?
Getting started is easy:
- Buyers: Contact us for a free consultation. We'll discuss your needs, connect you with a lender, and start your home search.
- Sellers: Request a free home valuation and market analysis. We'll meet at your property to discuss your goals and create a custom marketing plan.
- Falcon Woods: Schedule a tour or request information about available units.
Reach us at 262-661-4212 or erik@marketrealtygroup.com