HomeLight

JULY 31, 2020

Closing on a house seems pretty straightforward. There’s a house for sale that you want to buy. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property.

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Closing Purchase and sale agreement Title search Earnest money deposit 116

Redfin

MARCH 3, 2022

But before you can get your keys, you’ll want to be cautious of any roadblocks or setbacks that could cause a delayed closing and postpone your move-in date. You’ll want to rethink purchasing that beautiful new couch and hold off on planning those backyard additions before the title has been cleared. Financing issues.

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Closing Title search Purchase and sale agreement Title 61

HomeLight

JULY 29, 2022

What can go wrong on the buyer’s side at closing. You can avoid getting into this situation by avoiding making other big purchases or applying for other loans once you are approved for a mortgage and under contract. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career.

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Closing Purchase and sale agreement Title Home sale contingency 104

HomeLight

JUNE 30, 2021

There’s more that goes into making an offer besides landing on a purchase price. This is usually the biggest purchase and sale someone makes in their life. In some states, an attorney will oversee the closing of the sale instead of a title company; if you’re going it alone, regardless, it’s a good idea to think about hiring one.

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