HomeLight

MARCH 2, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. If this all sounds perfect and you’re getting serious about purchasing a home in San Diego, read on.

Closing

HomeLight

MARCH 6, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley.

Earnest money deposit

CT Homes

AUGUST 31, 2020

There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment. Completing a successful Real Estate Transaction is difficult.

Earnest money deposit

CT Homes

AUGUST 31, 2020

There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment. Completing a successful Real Estate Transaction is difficult.

Earnest money deposit

Redfin

AUGUST 29, 2024

As interest rates are dropping , now may be the time to buy a house. From dreaming about your future home and what neighborhood you want to call home to touring properties and finally moving in, there’s a lot of excitement about beginning the homebuying process. Long-term goals Do you plan to live in an area for at least five years?

Earnest money deposit

Dwell Real Estate

JANUARY 30, 2020

When an offer is submitted, seller's prefer to see proof of funds and/or a pre-qualification letter to be sure they are dealing with a qualified buyer. Submitting the proof of funds or pre-qualification letter with the offer makes you a stronger buyer in the eyes of the seller. Season is officially upon us.

Pre-qualification

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about these qualifications. They’ll not only help you sell for more or save money where it counts, but negotiate for other non-financial concessions that you might need. Where do you begin? If you’re only looking at an agent’s online presence, you’re not seeing the full picture.

Earnest money deposit

HomeLight

DECEMBER 14, 2021

Be sure and ask any agent that you’re interviewing about their qualifications. Whether you’re a first-time homebuyer or an empty nester who’s bought and sold several homes but wants to downsize, one thing’s for sure — you both need to find the best real estate agent to guide you to success. But, how do you find that agent or Realtor®?

Earnest money deposit

The Close

JULY 25, 2024

Are you ready to become a master of the art of writing compelling home offer letters as a buyer’s real estate agent? It’s all about bringing the buyer’s offer to life, capturing the seller’s attention, and opening the door to negotiations. I’ll let you answer that question yourself.

Earnest money deposit

HomeLight

JUNE 28, 2021

In a competitive market , buyers can get caught up in the bidding process, offering more money than the home is worth. ” Here are some signs that a buyer is committed to following through with their offer: Substantial earnest money: Buyers who put down a larger-than-usual deposit may be more committed to buying your home. .”

Earnest money deposit

Real Trends

APRIL 27, 2023

Don’t screw up earnest money deposits, contingency releases, or inspection dates just because you’re behind. There’s an old saying: “If you’re not controlling your time, someone or something else always will.” They may ask something like, “I feel out of control with my time.

Earnest money deposit

HomeLight

JULY 31, 2020

Interest rates can spike unexpectedly which can affect qualification if the loan is not locked, or the buyer’s credit score or income can change, causing the underwriter to reject the loan. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. is not a simple or finite one. Loan approval.

Closing

The Close

DECEMBER 29, 2022

Since an ARM’s interest rate fluctuates over time depending on various market factors, there are some experts who believe they save borrowers money in the long run. And now we present the 131 real estate terms you need to know—and be able to define for clients—in 2023: 1031 Exchange. Active contingent. Sure, deals can fall apart.

Purchase and sale agreement