Frequently Asked Questions

This always depends on your unique situation but buying offers potential long-term equity and stability while renting provides flexibility and lower upfront costs. Think through your financial readiness, preferred lifestyle, desired location, and current market conditions to make the choice that best suits your needs.

Getting in touch with a local real estate team is a great way to learn about the top neighborhoods in a city or your preferred neighborhood. They’ll have great insight into nearby restaurants, grocery stores, schools, parks, and more. Exploring the neighborhood in person by taking walks or driving can also familiarize you with what’s nearby.

It's always best to apply for a mortgage when you have a stable income, a good credit score, and a reasonable debt-to-income ratio. Along with that, monitoring the market for favorable interest rates can help you save over the long run.

Yes! Commission rates are typically negotiable, and you have the opportunity to discuss and agree upon the terms with your agent before signing your contract.

The best way to do this is to get a professional appraisal or consult with your real estate team for a comparative market analysis. Both will consider your home’s features and the current interest of buyers in your area to determine your home's fair market value.

When buying or selling in the local market, the Valarie Berg Team is your trusted partner. With their expert market knowledge and commitment to exceptional service, they can help you find answers to all your questions. Get in touch with our team today to make all your home-buying dreams come true.

The Valerie Berg Team proudly serves buyers and sellers throughout the Northland, including Barnum, Carlton, Cloquet, Cotton, Cromwell, Duluth, Esko, Floodwood, Moose Lake, Saginaw, Silver Bay, Two Harbors, and Wrenshall. Our deep roots in these communities give us the insight to help you navigate the local real estate market with confidence. And if you’re looking to buy or sell outside of this area, we are still here to help and can connect you with a trusted agent who specializes in that location