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Real Estate Library

useful guides for Home Buying & Selling

Whether you already own a home, you are buying your first home, or someone who thinks homeownership is just a dream, these guides will help to put you on the right path … Please contact me, Real Estate agent South Bend, with any questions: [email protected]

About Me

Your Real Estate aGENT
SOUTH BEND AND MICHIANA

Caleb Worm - Real Estate Advisor
Caleb Worm
Real estate Agent South Bend Area

About Me

I am a Real Estate Agent in South Bend at Weichert Realtors, Jim Dunfee and Associates. For the past 20+ years I have been in digital marketing and e-commerce and now I am using my expert skills to help you buy and/or sell your home.

I think of myself as not just an agent, but a trusted advisor. I can assist you in listing your current house, finding a new home, negotiations, pricing advice, and much more. The Weichert team has many years of combined experience, so you can expect the best service and care at every turn.

For all your Real Estate needs … 574-240-9676

South Bend Real Estate Market Reports
Free Market Report

Real Estate Market reports

These are general market reports for some of the areas I service. If you want a more detailed report, please contact me and I’ll be happy to create one for you: [email protected]

Click any town or region you are interested in…

FAQ

Answers to
popular questions

Getting pre-approved for a mortgage is the first step of the home buying process. Getting a pre-approval letter from a lender starts the ball rolling in the right direction.

From start (searching online) to finish (closing escrow), buying a home takes about 10 to 12 weeks.

However, once a home is selected and the offer is accepted, the average time to complete the escrow period on a home is 30 to 45 days (under normal market conditions). Though, well-prepared home buyers who pay cash have been known to purchase properties faster than that.

Home shoppers pay little or no fees to an agent to buy a home. Usually zero. The Listing brokers represent sellers and charge a fee to represent them and market the property. Agents who represent buyers are compensated by the listing broker for bringing home buyers to the table.

Most loan programs require a FICO score of 620 or better. Borrowers with higher credit scores represent less risk to the lender, often resulting in a lower the down payment requirement and better interest rate.

The national average for down payments is around 11%. That figure includes first time and repeat buyers.

First time homebuyers usually only put down 3 to 5% on a home. That’s because several first-time home buyer programs do not require big down payments. A longtime favorite, the FHA loan, requires 3.5% down. What’s more, some programs allow down payment contributions from family members in the form of a gift.

YES! Not only are they required for FHA or VA financing, but home inspections are highly recommended because they can reveal defects in the home that are not easily detected. Home inspections bring peace of mind to one of the biggest investments of a lifetime.

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Weichert, Realtors – Jim Dunfee & Associates
54500 N Ironwood Road
South Bend , IN 46635
Office: 574-277-7444
Mobile: 574-240-9676