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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.

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

RIS Media

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. Closing costs : Fees associated with the purchase of a home due at the end of the sales transaction. The fee, usually 0.3 – 1.5

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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. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process.

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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

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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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

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%

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

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?

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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.