Frequently Asked Questions About Real Estate
Find answers to common questions about buying and selling homes in Metro Detroit.
For Buyers
How much home can I afford?
A general rule is your monthly housing payment should be no more than 28% of your gross monthly income. Get pre-approved with a lender for a specific amount.
How long does it take to buy a house?
The home buying process typically takes 30-60 days from accepted offer to closing, though the search phase varies by buyer.
Do I need a buyer's agent?
Yes! A buyer's agent represents your interests, helps you find homes, negotiate offers, and navigate the closing process - typically at no cost to you.
For Sellers
How much is my home worth?
Contact Sonic Realty for a free comparative market analysis based on recent sales in your neighborhood.
How long does it take to sell a house?
In Metro Detroit, homes typically sell within 30-60 days, depending on price, condition, and market conditions.
More questions? Call Sonic Realty at (313) 466-2430.