Remove Agents Remove Closing costs Remove Pre-approval Remove Title search
article thumbnail

Buy Your First Home in Massachusetts: 15 Questions Answered

Realty Biz

This includes checking your credit score, saving for a down payment, and getting pre-approved for a mortgage. Contact an experienced Buyer’s Agent when you first think of buying a house. Online mortgage calculators can provide a rough estimate, but getting pre-approved by a lender will give you a more accurate figure.

article thumbnail

Understanding Closing Costs: Who Usually Pay

CT Homes

When buying or selling a home, the topic of who pays closing costs is bound to come up eventually. Any real estate transaction will host numerous costs and fees that will be factored into the purchasing process on top of the property’s value. What are Closing Costs? Does the Buyer or Seller Pay Closing Costs?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 First-Time Home Buyer Blunders To Avoid

Lighter Side of Real Estate

Ask an agent to go see houses before getting pre-approved. If you haven’t actually qualified for financing, you should hold off on going to look at houses with a real estate agent (or even going to open houses), since there’s no guarantee that a mortgage company can lend you the money. Try to mislead the mortgage company.

article thumbnail

15 Homebuying Terms You Should Know When Searching for Your New Home

RIS Media

Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Closing : A meeting during which ownership of a home is transferred from seller to buyer, usually attended by the buyer, the seller, both real estate agents and the lender.

article thumbnail

iBuyer vs. Real Estate Agent: How Do the Experiences Compare?

HomeLight

Whether you should use an iBuyer (instant buyer) vs. real estate agent to sell your home is a hot debate in some real estate circles. iBuyer vs. real estate agent summary. The main trade-off is that the offer could be less than what you’d get listing the home with an agent, and you’ll pay a fee for the iBuyer’s services.

Agents 96
article thumbnail

17 Home Closing Delays and How You Can Avoid Them

HomeLight

While seamless closings are ideal for everyone involved, they almost never happen unless the buyer is paying cash on the home, and even then there can be a roadblock or two. These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. Dodge move.

Closing 112
article thumbnail

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. The seller rejects your offer: If a seller rejects your offer, your agent may be able to relay information from the listing agent as to why it was insufficient.