Remove Closing costs Remove Finance Remove Pre-approval Remove Seller concession
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Opinion: Reframing the American Dream of homeownership

Housing Wire

Current market challenges The real estate market is currently characterized by a complex interplay of factors: Interest Rate Volatility: Fluctuating interest rates have made it difficult for potential buyers to predict the cost of financing a home. Change is constant, and as professionals, we must adapt.

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What Happens After Making an Offer on a House?

Windemere Buying

You’ve applied for financing , worked with your agent to search for available listings, put in time attending open houses, and have found the place you’re ready to call home. In return, the seller agrees to take the home off the market. When the sale closes, the money goes toward the down payment or closing costs.

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16 Tips to Win a Bidding War on a House

The Close

The less your buyers need to finance, the less likely the deal will fall through. They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. Also, understand the difference between a prequalifying and a pre-approval letter.

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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

Although a delay in closing isn’t always the case, it’s best for both buyers and sellers to be aware of the common reasons for delayed closings. Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. Clouds on the title.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

Let's start with some detailed information and actionable tips on financing. From preparing your finances and exploring mortgage options to calculating your budget, these steps set you on the right path toward finding your dream home. This documentation will be necessary when applying for a mortgage pre-approval.

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How to Sell a House by Owner in New Jersey

HomeLight

Plus, when a seller isn’t working with an agent, the buyer’s agent may end up carrying more of the weight to get the deal to the finish line. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Finally, a FSBO sale does not mean that a seller won’t need any professional assistance.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Plus, when a seller isn’t working with an agent, the buyer’s agent may end up carrying more of the weight to get the deal to the finish line. Next: Consult our guide on who pays closing costs when selling a house by owner for more details. Finally, a FSBO sale does not mean that a seller won’t need any professional assistance.