Redfin

AUGUST 6, 2025

The truth is, the timeline for buying a house can vary due to a number of factors like financing needs, if it’s a buyer’s or seller’s market, the time of year, and the type of home you’re searching for. Search for a home A few days to a few months Talk to your real estate agent about what you’re looking for in a home.

Pre-approval

Redfin

JUNE 27, 2025

Not getting pre-approved for a home loan before starting your search A common mistake for first-time homebuyers is jumping into the search without first getting pre-approved for a mortgage. Here’s what to do instead: When choosing a real estate agent, interview at least three candidates.

Pre-approval

Redfin

JULY 9, 2025

It’s also a good time to check your finances. Find a real estate agent Estimated time: 1-2 weeks A buyer’s agent is a licensed real estate agent who represents your best interests throughout the home buying journey. Ask for referrals from friends and family, read online reviews, and interview a few agents.

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. What To Expect From Your Listing Agent Why For Sale By Owners (FSBOs) Fail Blog Featured Articles Home Buying Home Selling LOCAL Rochester NY Articles What Does a Real Estate Lawyer Do?

Purchase and sale agreement

Redfin

JULY 30, 2025

Verify the lien Request a title search or check with your county records to confirm any liens on your property. Work with a real estate agent or attorney An experienced agent or real estate attorney can guide you through the negotiation and closing process, ensuring the lien is addressed correctly.

Title search

Redfin

JUNE 30, 2025

That said, laws and practices vary slightly by state, so it depends on how the title company, attorney, or escrow agent handles closings. Closing agent: A title company representative, escrow officer, or closing attorney (depending on the state) oversees the process, ensures documents are signed correctly, and handles funds.

Closing

Redfin

JUNE 17, 2025

The steps of the due diligence period can include any of the following: Home inspection Pest inspection Appraisal Negotiation of closing costs Title search and title insurance Renegotiations (if applicable due to home inspection) During this period before settlement, the buyer and seller are able to continue negotiations.

Closing

Redfin

JANUARY 28, 2025

For example: If the home sells for $400,000 but the mortgage balance is $300,000, the buyer must cover the $100,000 differenceeither in cash or through additional financing. Simplified financing process : Assuming a loan often involves fewer steps than securing a new one, such as skipping an appraisal or less stringent requirements.

Loans

Redfin

AUGUST 5, 2025

Financing contingency: If a buyer is ultimately unable to obtain the mortgage they need to afford the house, a financing contingency covers them. Waiving a financing (or mortgage ) contingency can be risky, as it prevents buyers from being able to back out of the house if their financing falls through.

Earnest money deposit

Redfin

AUGUST 5, 2025

A real estate agent or real estate attorney can help oversee the real estate transaction. Financing options You’ll also need to weigh out your financing options. Get preapproved for a mortgage It’s essential to first figure out your financing and get preapproved.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. Then, you should engage the services of a real estate agent who is familiar with the local market and can help you find suitable properties. Many consumers don’t realize how much a real estate agent does in a transaction.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. When it comes to the length of a listing agreement, every real estate agent will have a different preferred length. Depending on what type of financing the potential purchaser is obtaining, the option to receive seller concessions may or may not exist.

Purchase and sale agreement

HomeLight

FEBRUARY 20, 2025

Youve just found your dream home and are finalizing your offer when your real estate agent calls with concerning news. Find a Top Agent With Experience in Contingency Offers If you need to make an offer on a home with contingencies, you’ll want a top agent by your side who can avoid pitfalls and secure the home you want.

Inspection contingency

Housing Wire

MARCH 10, 2025

But even with these added costs, the system remains significantly cheaper than private title insurance in other states. AOL vs. title insurance Unlike private insurance models that primarily rely on automated or digital title searches, ITG requires an attorneys title opinion based on a 40-year abstract before issuing a policy.

Title

Housing Wire

FEBRUARY 25, 2025

With nearly three decades of experience in real estate and investing, Ive worked with hard money lenders to secure financing for everything from simple fix-and-flip projects to multi-million-dollar apartment building rehabs. But what really makes them stand out is the option to finance up to 85% of the property value with no down payment.

Hard money loan

Housing Wire

AUGUST 30, 2021

A shift in household economics strained finances, so lower interest rates and cash-outs became attractive. It is designed to compress the closing timeline by expediting and digitally enhancing the title search processes using traditional and nontraditional data sources, proprietary logic, and insights.

Title

Housing Wire

DECEMBER 26, 2022

Many in the title insurance industry reported record years in 2021, but while experts were predicting things to slow down in 2022, the suddenness at which the market cooled was unexpected, or as Jodi Ketchersid, a Destin, Florida-based Corcoran Group agent said: “It was like, ‘Holy cow! What happened to the market?’”.

Title

Housing Wire

DECEMBER 27, 2023

The title industry has worked hard over the last few years to shed that reputation. It has begun to adopt and integrate more and more technology into the title search and production process. Not only did it take a lot of time, but it cost a lot of money.

Title

RIS Media

APRIL 8, 2022

Finances falling through. Since most homes are financed, and financing isn’t guaranteed until a buyer has signed the dotted line, failure to secure funds can put a home back up for sale. While financing may be pre-approved, the process is complex. The title search reveals issues. These include; .

Debt-to-income ratio

HomeLight

JANUARY 17, 2024

A Top Agent Can Find the Right Deal For You HomeLight can connect you with a top-performing, trusted agent who has the experience to find you the right house at the right price. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you based on your needs.

Purchase and sale agreement

HomeLight

OCTOBER 30, 2020

All-cash offers are beloved by sellers and real estate agents alike — and they’re more than three times as likely to be chosen from the pack. A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. Financing issues. But is the cash closing process always seamless?

Closing

HomeLight

JULY 31, 2022

One of the first steps is to pick a real estate agent to work with. But what if you decide that you don’t want to work with a buyer’s agent to buy your home? Well, welcome to your step-by-step guide to buying a home without a real estate agent. You’ve decided it’s time to buy a house ! Find a lender you can trust. Find a home.

Earnest money deposit

HomeLight

JANUARY 3, 2022

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

Lighter Side of Real Estate

SEPTEMBER 11, 2020

In reality, there is plenty of work to be done after an accepted offer, including the purchase and sale agreement, financing, inspections, title search, and taking care of anything else that might go awry. The real estate agent doesn’t have to do much. After an offer has been accepted, it’s smooth sailing through closing.

Purchase and sale agreement

Realty Biz

FEBRUARY 19, 2024

However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. Being a real estate agent for the last thirty-eight years, I have had numerous experiences selling land. Financing Hurdles Financing land can be tricky.

Land

Realtor.com

OCTOBER 29, 2020

Most purchase agreements have contingencies —things that buyers must do before the real estate transaction is official, explains Jimmy Branham , a Coral Springs, FL, real estate agent at the Keyes Company. Financing contingency: This contingency gives you the right to back out of the deal if your mortgage approval falls through.

Closing

HomeLight

MAY 24, 2022

Byron Ford , an agent in New Bedford , Massachusetts, works with 76% more single-family homes than other agents in his area. Real Estate Agent. Real Estate Agent at Keller Williams South Shore. Many companies combine title and escrow services under one roof, as their functions are closely interrelated.

Purchase and sale agreement

RIS Media

JANUARY 18, 2022

A title search may reveal a lien on the property, the buyer may be unable to get financing because of a low credit score or high debt-to-income ratio, or the house may appraise for less than the agreed-upon price. Common contingencies relate to a home inspection and financing, but there may be others.

Debt-to-income ratio

HomeLight

MARCH 31, 2021

For a deep dive on Georgia closing costs, we partnered with top Brunswick listing agent Valerie Burnett , who sells 45% more homes than the average local agent. Commission: $20,300 for the listing agent and buyer’s agent’s commission. Title search fee. On average, title search fees run between $100 to $200.

Closing costs

Norada Real Estate

APRIL 15, 2023

Additionally, the type of financing being used, such as FHA or VA loans, can also impact the length of the under-contract period. It's important for buyers and sellers to have a clear understanding of the expected duration of the under-contract period and to communicate any concerns or issues with their real estate agent.

Earnest money deposit

HomeLight

NOVEMBER 9, 2021

During a seller’s market like the one, we had in the summer of 2021, a top real estate agent could help you find a buyer for your home in as few as 75 days from listing to closing. Buyer’s financing method. To help you set the best price on your home, a top real estate agent will provide you with comps and a pricing recommendation.

Purchase and sale agreement

HomeLight

JUNE 23, 2022

It’s really good faith money,” says Kelly Allen , a top agent and seller representative specialist in Marietta, Georgia. The Financing Contingency : This contingency, sometimes called a mortgage contingency, is also only applicable to offers requiring a mortgage to purchase the property. Real Estate Agent. Kelly Allen.

Earnest money deposit

HomeLight

JANUARY 5, 2022

Real Estate Agent. Real Estate Agent at The Kaminsky Real Estate Group. Do: Consider hiring a real estate agent. Hiring a real estate agent is not compulsory when you sell a house to a friend. It’s always tougher to negotiate with a friend,” says Edward Kaminsky , a top real estate agent in Los Angeles County. “If

Pre-approval

HomeLight

AUGUST 24, 2022

However, this buyer needs a mortgage to finance the deal, and that can take months. Work with a reputable local real estate agent. Niakin says that most agents have a broad network of active investors. Niakin says that most agents have a broad network of active investors. Skip the appraisal. Focus on out-of-state buyers.

Purchase and sale agreement

HomeLight

JULY 12, 2024

You’ll hear your lender and real estate agent use the phrase “house in escrow.” Here’s what you can expect: Title search: Verifying the property’s legal ownership and any existing liens or claims. Buyer financing and insurance: Securing a mortgage and obtaining homeowner’s insurance.

Purchase and sale agreement

HomeLight

SEPTEMBER 13, 2022

With some guidance from a top real estate agent and a veteran real estate attorney, we’ll cover seven important steps to consider when selling a house to a family member, as well as some questions you might have about the process. Determine finances (confirm funds are available). Consider hiring a real estate agent anyway.

Purchase and sale agreement

RIS Media

SEPTEMBER 21, 2020

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. Fees may include the appraisal, the home inspection, a title search, a pest inspection and more.

Pre-approval