HomeLight

AUGUST 29, 2022

Another plus is that Texas doesn’t have state income tax, according to Rach Potter, who sells homes 44% quicker than the average agent in Dallas, Texas. Keep in mind that this doesn’t include the funds you will need for closing costs. Everything’s bigger in Texas” is a popular slogan and this is true for houses as well.

Earnest money deposit 92

Earnest money deposit Title Inspection Title search 92

Realty Biz

MARCH 9, 2021

The main requirement is that the child must be able to document some type of disability and show that this disability prevents them from earning enough money to afford a home on their own. The borrowers will need to present documents showing their income for the past 2 years. Understanding Owner Occupied Rule.

Pre-approval 144

Pre-approval Earnest money deposit Debt-to-income ratio Loans 144

HomeLight

JANUARY 27, 2021

An agent’s job is to advocate for you and save you money during the complicated process of buying a home. Not only should your agent close a lot of deals, but they should be able to demonstrate through their results how they’ve saved other buyers money and helped them close quickly. Source: (Seemi Samuel / Unsplash).

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Closing costs Loans Inspection Earnest money deposit 117

Redfin

MAY 5, 2023

Though the city’s popularity has led to some challenges, such as rising housing costs and traffic, don’t worry. Whether you’re a first-time homebuyer or an experienced real estate investor, buying a home in the Lone Star State is a thrilling experience. What’s it like to live in Texas?

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Purchase and sale agreement Pre-approval Seller disclosure Earnest money deposit 65

HomeLight

JUNE 30, 2022

For example, it may be worth strategically paying down some of your debt or disputing any errors on your credit report before purchasing a home. Your lender may require that you’re up to date on child support payments, don’t owe back income taxes, and aren’t currently involved in any lawsuit or litigation. Are you ready to dive in?

Purchase and sale agreement 71

Purchase and sale agreement Inspection Earnest money deposit Closing costs 71

Redfin

AUGUST 3, 2022

Here are the steps to determine how much house you can afford: First, determine your debt to income ratio (DTI). This is your monthly expenses versus your cash intake or the bills you pay divided by your gross monthly income. Debts include recurring bills, such as car payments, daycare payments, and student loans.

Pre-approval 75

Pre-approval Purchase and sale agreement Title Debt-to-income ratio 75

The Close

DECEMBER 29, 2022

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange.

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Purchase and sale agreement Title Proof of funds Pre-approval 97