Question 1

How do I buy a house in North Central Ohio?

Accepted Answer

Start with a buyer consultation with Kimberly to define your goals and budget. Next, get pre-approved with a trusted local lender, tour homes that match your criteria, submit a strategic offer, complete inspections and appraisal, and close on your new home — typically 30–45 days after acceptance.

Question 2

How much is my home worth?

Accepted Answer

Home value is based on recent comparable sales, condition, location, and current market demand. Kimberly provides a free, no-obligation Comparative Market Analysis (CMA) that details your home's estimated market value and a pricing strategy tailored to your goals.

Question 3

Do I really need a REALTOR® to buy or sell a home?

Accepted Answer

Yes. A REALTOR® provides expert pricing guidance, negotiation, contract knowledge, and access to the MLS. In most buyer transactions, the seller pays the buyer's agent commission, so professional representation is typically free for buyers.

Question 4

What credit score do I need to buy a home?

Accepted Answer

Most conventional loans require a 620+ credit score, while FHA loans can go as low as 580 (or 500 with 10% down). VA and USDA loans have flexible requirements. Kimberly can connect you with lenders who help improve credit or explore first-time buyer programs.

Question 5

How long does closing take?

Accepted Answer

In Ohio, closing typically takes 30–45 days from the accepted offer. Cash purchases can close in as little as 2 weeks. Timing depends on financing, inspections, appraisal, and title review.

Question 6

How much are closing costs in Ohio?

Accepted Answer

Buyers usually pay 2–5% of the purchase price in closing costs (loan fees, title insurance, escrow, taxes). Sellers pay agent commissions plus title, transfer taxes, and prorations — commonly 6–8% of sale price. Kimberly provides a clear estimate up front.

Question 7

What is earnest money?

Accepted Answer

Earnest money is a good-faith deposit (typically $1,000–$5,000 or 1–3% of purchase price) that shows the seller you're serious. It's held in escrow and applied to your closing costs or down payment. It's refundable in most contingency scenarios.

Question 8

How do home inspections work?

Accepted Answer

After your offer is accepted, you'll hire a licensed inspector to evaluate the home's structure, systems, and safety. You typically have 7–14 days to review findings and negotiate repairs, credits, or in rare cases, withdraw. Kimberly recommends trusted local inspectors.

Question 9

How much down payment do I need?

Accepted Answer

It varies: conventional loans start at 3% down, FHA at 3.5%, VA and USDA can offer 0% down. Putting 20% down avoids private mortgage insurance (PMI). Ohio Housing Finance Agency (OHFA) also has down payment assistance for qualified buyers.

Question 10

Should I get pre-approved before house hunting?

Accepted Answer

Yes — pre-approval strengthens your offer, defines your budget, and speeds up closing. Most sellers won't accept offers without a pre-approval letter. Kimberly can introduce you to trusted local lenders.

Question 11

What's the best time to sell a home in Ohio?

Accepted Answer

Spring (March–June) traditionally sees the highest buyer demand and top prices. That said, low inventory means well-priced, well-marketed homes sell year-round. Kimberly builds a strategy tailored to your timeline.

Question 12

How do I prepare my home to sell?

Accepted Answer

Declutter, deep clean, address minor repairs, boost curb appeal, and stage key rooms. Kimberly walks through your home before listing to recommend high-ROI improvements and coordinates professional photography.

Question 13

What are seller closing costs?

Accepted Answer

Sellers typically pay 6–8% of the sale price total: agent commissions (usually 5–6% split), Ohio conveyance fee, title fees, prorated taxes, and any negotiated concessions. Kimberly provides a net sheet up front so you know your bottom line.

Question 14

What's the difference between pre-qualified and pre-approved?

Accepted Answer

Pre-qualified is a quick estimate based on self-reported info. Pre-approved is a formal review of your credit, income, and assets — carrying much more weight with sellers. Always aim for pre-approval before making offers.

Question 15

How is a REALTOR® different from a real estate agent?

Accepted Answer

A REALTOR® is a licensed real estate agent who is also a member of the National Association of REALTORS® and bound by a strict Code of Ethics. Kimberly Jenney is a REALTOR® with MDC Realty Limited.

Question 16

Can I buy a home with student loan debt?

Accepted Answer

Yes. Lenders look at your debt-to-income ratio (typically under 43–50%). Student loans factor in, but many buyers with loans still qualify. A conversation with a lender clarifies exactly what you can afford.

Question 17

Should I sell my current home before buying a new one?

Accepted Answer

It depends on your equity, market conditions, and finances. Options include contingent offers, bridge loans, or a temporary rental. Kimberly helps you weigh the trade-offs and time it strategically.

Question 18

What happens after my offer is accepted?

Accepted Answer

You deposit earnest money, schedule inspections, finalize your loan, complete the appraisal, review title, and prepare for closing. Kimberly coordinates every step so nothing slips.

Question 19

Are there first-time home buyer programs in Ohio?

Accepted Answer

Yes. Ohio Housing Finance Agency (OHFA) offers competitive rates, down payment assistance up to 5%, and tax credits. FHA loans and local city programs may also help. Kimberly connects you with lenders familiar with all options.

Question 20

How is Kimberly's marketing different?

Accepted Answer

Every listing gets professional photography, an editorial-quality online presence, targeted social media promotion, MLS syndication, and strategic pricing backed by a full CMA — designed to attract qualified buyers quickly.

Question 21

How do I contact Kimberly?

Accepted Answer

Call or text 419-569-7056, email KimberlyJenney@yahoo.com, or use the contact form on this site. Kimberly typically responds within one business day.

Question 22

What is PMI and how do I avoid it?

Accepted Answer

Private Mortgage Insurance (PMI) is typically required on conventional loans with less than 20% down. It protects the lender if you default. You can avoid or eliminate it by putting 20% down, using a VA loan, or requesting removal once you reach 20% equity.

Real estate questions, answered.

22+ answers to common questions

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