HomeLight

AUGUST 31, 2021

submit your purchase offer with a pre-qualification or preapproval letter from a lender, these funds aren’t a sure thing until the loan is fully approved. Jason Bragg , a top-selling agent in North Carolina’s Winston-Salem area, reports that cash offers are especially common in 2021 among buyers who are downsizing.

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Due diligence Inspection Pre-approval Pre-qualification 75

HomeLight

JULY 31, 2020

In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. So the answer to “how long does it take to close on a house?” Dodge move.

Closing 108

Closing Purchase and sale agreement Title search Earnest money deposit 108

Redfin

FEBRUARY 17, 2021

As the buyer you’ll have to pay the appraisal cost, which usually is a fee added to your closing costs. However, your lender should inform you how much the appraisal will cost when you begin the pre-qualification process, so you’ll know just what to expect. How much does a home appraisal cost? .

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Pre-approval Pre-qualification Loans Mortgages 71

HomeLight

MAY 31, 2021

With help from professional real estate agents, we’ve put together a comprehensive list that addresses some of the most pertinent questions a buyer should ask their lender. These are things you just might not know as a buyer — but your agent and loan officer can give you guidance! What type of home loans do you offer?

Mortgages 58

Mortgages Debt-to-income ratio Loans Closing costs 58

Realtor.com

NOVEMBER 11, 2022

monkeybusinessimages/iStock No, it’s not leaping into buyer mode by picking out a real estate agent who has pretty homes, setting up a home inspection, and then moving in your sectional couch. Step 2: Qualify for a home loan or loan pre-approval. Step 1: Why financing is the key to buying a new home.

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Pre-approval Pre-qualification Debt-to-income ratio Loan Officer 131

HomeLight

OCTOBER 9, 2023

For this post, we interviewed some of the top-performing real estate agents in the country to gather expert home buying tips. A Top Agent Can Help You Find A House You Can Afford We analyze millions of home sales to find buyer’s agents who will show you the right home at the right price.

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Pre-qualification Pre-approval Agents Loans 91

HomeLight

OCTOBER 5, 2020

According to Melanie Hunt , a top-selling real estate agent in Fort Worth, Texas , who has sold 74% more single-family homes than the average area agent, “Getting a preapproval is one of the most important things a buyer can do to improve their odds of securing a short sale.” And it’s even better if you can get pre-underwritten.

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Short sale Sales Pre-approval Pre-qualification 76

HomeLight

MARCH 6, 2023

With the help of top Bay Area agent Carl Medford , who has 22 years of experience and specializes in helping first-time homebuyers, we’ve put together a comprehensive guide that breaks down all the ins and outs of buying a house in the Bay Area. down payment and/or closing cost assistance. Loans are between 3%-3.5%

Closing 86

Closing Earnest money deposit Sales Title 86

HomeLight

MARCH 17, 2021

Be ready to pay closing costs, which could be up to 5% of the price of the house. Those funds are due on closing day. “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market.

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Pre-approval Purchase and sale agreement Title Closing 98

HomeLight

MARCH 2, 2023

If you’re shopping for a home in San Diego, a trusted buyer’s agent is a key member of your team. HomeLight analyzes millions of transactions and thousands of reviews to find you a proven, top-performing agent in just under two minutes. Find a Buyer's Agent What will it cost to buy a home in San Diego?

Closing 91

Closing Earnest money deposit Sales Inspection 91

HomeLight

JANUARY 4, 2022

Fifty-eight percent of surveyed agents expect the recent rise in cash offers to persist beyond the temporary housing craze, as sellers now have greater expectations for convenience, speed, and certainty. HomeLight’s 2020 agent survey found that buyers who would traditionally use a mortgage are finding ways to pay cash however they can.

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Investor Finance Inspection Sales 98

HomeLight

JUNE 27, 2022

You’re choosing from pre-set finishes and you may get to choose paint colors, types of flooring , fixture finishes, and appliance packages. These allow you to choose a few paint colors and add-ons, but you will mostly get pre-built features that the builder has already decided on. Consider your lot choices and choose wisely.

New Construction 85

New Construction Construction Pre-approval Inspection 85

HomeLight

DECEMBER 6, 2022

We’ll also provide a comprehensive overview of the full process to prep, market, and close on your home without the assistance of a real estate agent. If you don’t have the time or the expertise to list your home FSBO, working with a top agent in New Jersey could be your best bet. Get Started.

Purchase and sale agreement 76

Purchase and sale agreement MLS Pre-approval Agents 76

The Close

DECEMBER 29, 2022

Whether you’re a veteran agent or a rookie hoping to sound authoritative during your first transaction, you need to be able to succinctly explain common real estate terms and definitions to your clients. It might feel stressful, but handling contingencies well is actually a time when you, as the agent, can really shine.

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