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How to Buy a House in 15 Steps: The Ultimate Guide

Redfin

Debt-to-income ratio (DTI) Another major factor that a lender will consider when approving your mortgage loan is your debt-to-income ratio (DTI). FHA loan: These loans are backed by the Federal Housing Authority (FHA) and primarily help low-to-moderate-income borrowers who are less likely to qualify for conventional loans.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

Conventional loan. The seller’s portion of closing day usually takes one to two hours , according to Sherry Wiggs , a top real estate agent in Westchester County, New York. And in some scenarios, the seller won’t be required to attend in-person if they pre-sign the deed and other documents. Source: (Nabeel Syed/ Unsplash).

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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. Loans are between 3%-3.5% Looking to Buy Your Dream Home in the Bay Area?

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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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Home Buying Checklist: A Survival Guide for Buyers

Redfin

Depending on your circumstances, loans are available with much lower down payment requirements, ranging from 3.5% If you’re a veteran, you may qualify for a no down payment mortgage known as a VA loan. Find a real estate agent you trust. Research mortgage options and get pre-approved for a home loan.

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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.