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Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

And do you still need a real estate agent if you decide to take your home to auction? Eyal Pasternak, owner of Liberty House Buying Group in Miami, Florida, says the main reason homeowners sell their properties at auctions is that they can get deals done quicker rather than relying on a real estate agent. What are the steps involved?

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How to Get Preapproved For A Mortgage: Loan Approval Explained

Realty Biz

As such, this qualification process will only give you a rough idea of the size of mortgage you can get. Many real estate agents will want to know that you are preapproved before they will show you homes. This letter can then be shown to real estate agents to take you seriously and show you homes.

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42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

We’ve rounded up expert advice from all across our Buyer Resource Center and enlisted the help of top Massachusetts agent Rosemary Mancuso to walk us through what first-time buyers need to buy a house. Some savings you can use toward a down payment and closing costs? Estimate your down payment and closing costs.

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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

The planning stage (1 to 3 years before purchase). 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. In a hot market, sellers are less likely to pay toward a buyer’s closing costs, she notes. Get Your Timeline for Buying a House.

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How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Sometimes you’ll even find grants to help you with closing costs and down payments. Our America’s Home Grant program offers credits for closing costs, and Our Down Payment Grant covers down payments. Your real estate agent is another great resource for help!). Get preapproved for a loan at this stage.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

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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Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

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. Tour the model homes.