Buyer FAQ


1. Where do I begin the process of looking for a home?

More than 90% of people begin the search on the Internet. It is a valuable search engine and we rely on it as well. Finding the "right"community, location for your unique lifestyle, knowing market trends, and discovering what home is going to be "home to you" takes further discovery. Just as you might consult an investment professional for your financial assets; one of your most valuable assets - a home, would benefit from an agent who can help you discern your questions and guide you to the answers.

2. How much House can I afford?
We've found this is probably the biggest concern of today's first time homebuyers, repeat buyers and even those seeking to downsize. We can provide mortgage and affordability calculators and put you in touch with advisors. There are various financing options and we educate ourselves so we can advise you. A mortgage calculator can be found at

3. How does buying compare to renting?
There are benefits to both renting and owning. As a tenant, there is a nearly maintenance free lifestyle. There is tax benefits, historically owning is a great investment with growing property equity, and consistent knowing what the 'house payment' will be verses 'rent increases.' If you rent for $1,500/month that is $150,000 over ten years with nothing to show for it rather than investing in yourself. Let us help you examine whether renting verses home ownership is the best option for you.

4. When I start visiting homes, what should I be looking for?
Trust your intuition and what you know you want! Does this house, in this community, meet your needs? A home can be an excellent investment over time, AND, most importantly it should fit the way you really live, with the space and features that appeal to everyone who will lives there. We, as agents, can be your confidant -- share what you want, don't want, and ask the key questions no matter how awkward you think they are.
5. How many homes should I look at before I buy?

The number is the 'exact number for you' before you find the house that is best for you. We've worked with many clients for years or sometimes just a week. "Your home" may be found on your first visit. More likely, the house hunting will narrow to certain neighborhoods, styles, etc. until that optimal house is found. We can assist you by previewing homes and sending you email profiles, which can efficiently help you target homes to see.

6. What do I need to ask that I may not know to ask?

Do you mean what will my property taxes be, information on schools, what is the crime statistics, neighborhood rules, what if I want to get a permit for renovation, building in critical areas?! We will share information that we know, web sites, and our list of trusted people that have worked with us in the past. We have over 30 years Annapolis, Anne Arundel County, a Chesapeake Lifestyle experience that we're confident will be invaluable. 

7. How do I know I'm getting the best value and determine the amount of my initial offer?
Your search will give you indicators of values of homes. We will provide you with comparable homes that have sold in the neighborhood with list price verses sold price. There is no set rule in calculating a realistic offer. Buyers want the best value. Sellers want the best price. Negotiations can be influenced by many factors including motivation of the seller who may be changing jobs, or a buyer who wants a specific type home. As your buyer agent, we commit to providing you with as much information on that specific home to help you to get the best value.

8. Do I need a lawyer to write a contract and what is involved in writing an offer?
If you want the advice of a lawyer, please do. If you do not have a real estate attorney, we can direct you to one. Contracts are legally binding agreements. Real Estate Agents can and do write contracts and are guided by the Maryland Real Estate Commission laws and rules into what needs to be included. We will go through each facet of the contract and explain it. If you want special conditions in the contract, addendums to reflect your specific conditions for buying this property; it will be written by us to reflect your wants.

9. I have a contract, what happens next?
We will recommend actions that will hopefully increase your confidence that this is the right home for you. This will include an inspections that may include home, roof, mold and examination of any Condominium or Home Owners Association covenants. We will assist you with these inspections by being with you, monitor conditions that contract are fulfilled, help determine settlement time, a title agent, direct you to insurance, mortgage agents, and so much more. Our goal is to make home buying, though stressful, also enjoyable.

10. What then?
Settlement, often called closing, where you take possession of the property, get the keys, and WELCOME TO YOUR NEW HOME. Keep our phone and email nearby so that if you need to know who to call for a maintenance need, a landscaping company, or a restaurant for fun... we want to maintain our business and now friendship with you.

It's Always A Great Day In Annapolis Buying or Selling Your Home With Connie Cadwell
Copyright © 2018 Connie Cadwell, All Rights Reserved. Website Maintained by D3Corp, Ocean City, Maryland

Listing information is provided courtesy of The Metropolitan Regional Information Systems, which neither guarantees nor is in any way responsible for its accuracy. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of The Metropolitan Regional Information Systems. The materials contained within this page may not be reproduced without the express written consent of this broker. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All room dimensions and other measurements are approximate. All information is deemed reliable but is not guarantee. Prospective purchasers should verify the information to their own satisfaction. All data is provided 'AS IS' and with all faults. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited. Information deemed reliable but not guaranteed.

Connie Cadwell is a real estate agent licensed in Maryland. © Coldwell Banker Residential Brokerage and its related entities. An independently owned and operated broker member of Coldwell Banker. Used under licenses. Equal Housing Opportunity.