Remove Agents Remove Pre-approval Remove Title search
article thumbnail

Real Estate Contingencies: What They Are and Why They Matter

Windemere Buying

If issues are uncovered, this contingency allows you and your agent to request repairs, present the seller with a new offer that accounts for the homes lessened condition, or cancel the contract entirely. Even if you are pre-approved for your mortgage , you may not be able to obtain the right loan for the home.

article thumbnail

17 First-Time Homebuyer Mistakes to Consider and How to Avoid Them

Redfin

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Buying Process Timeline: 17 Steps Every Buyer Should Know

Redfin

Between setting a budget, getting pre-approved, and closing the deal, getting everything squared away can make all the difference. Determine your budget Estimated time: 2-4 weeks Before jumping into your home search the first step is to determine how much you can afford. Buying a home takes about six months, give or take.

article thumbnail

What is Due Diligence in Real Estate?

Redfin

Title search and insurance A thorough title search is essential to uncover any potential issues with the property’s ownership. Buyers review these documents learn about any pre-existing conditions or problems. Some states have standard timeframes, so your agent can help you set the right terms.

article thumbnail

How to Buy a House in New York

Rochester Real Estate

(585) 704-7095 Contact Now Search Homes Home Fair Housing S.O.P. The first step to buying a house in New York is to assess your financial readiness and get pre-approved for a mortgage. 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.

article thumbnail

Steps to Selling an Inherited Property in North Carolina

HomeLight

This is an emotional process, and there’s a lot going on,” says Renee Hillman , a top-rated Raleigh area real estate agent who has been helping families with inherited homes for more than 25 years. Review any existing estate plans “So much with estates is about pre-planning on inherited property,” Hillman says.

article thumbnail

Preparing to Get Pre-Approved For a Mortgage

Realty Biz

Mortgage pre-approval is an essential step when buying a house. It gives you a clear understanding of your budget and helps you make informed decisions when searching for properties. During pre-approval, lenders carefully evaluate your financial information, including income, assets, credit history, and other relevant details.