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How Long Does It Take to Buy a House?

Realtor.com

Step 1: Getting mortgage pre-approval. Still other buyers might also be home sellers who first need to close on the sale of their old house before they can buy their next house. Step 1: Get pre-approved for a mortgage. Keep in mind that mortgage pre-approval is different than mortgage pre-qualification).

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How to Find the Best Real Estate Agent When Buying or Selling Your Home

Redfin

Either way, it’s time to find a real estate agent to guide you through what can be a challenging – and sometimes stressful – process. Or, maybe you’re listing your home for sale in Anchorage, AK , you most likely want top dollar for your property. Steps to take before hiring a real estate agent.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Ever since the 2008-2009 recession, cash offers have become more prevalent, accounting for 33% of sales as of 2021 — that’s up from 20% in 2019. 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. Updated August 31, 2021.

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What Is a HUD Home? Are the Savings Worth the Risks?

HomeLight

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Buying a HUD home isn’t like traditional home sales. Get pre-qualified with a mortgage lender.

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Buying REO Homes? Here’s What to Do — And What Not to Do — According to Experts

HomeLight

REOs for short, these kinds of sales expose buyers to a lot of potential risk. But they also provide a lot of opportunity for big return on investment, too — much bigger, and faster, than you might expect with many traditional sales. What is an REO sale? In the market for a “ real estate owned” property ? Source: (Andre W.

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Bidding Wars Galore: Tips to Make Your Offer Competitive

Dwell Real Estate

Bidding wars are common—in most of 2020, over half of home offers written by Redfin agents faced competitive bids, according to the company’s study. Get Pre-approved Pre-approval is a step most buyers will take anyway, but it’s absolutely essential for anyone in a competitive bidding situation.

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Bidding Wars Galore: Tips to Make Your Offer Competitive

Dwell Real Estate

Bidding wars are common—in most of 2020, over half of home offers written by Redfin agents faced competitive bids, according to the company’s study. Although historically low interest rates have sparked buying activity recently, some neighborhoods are always sought-after and attract multiple offers whenever a home comes up for sale.