HomeLight

AUGUST 29, 2022

It’s always smart to shop around for the best rates and terms , but it could be helpful to start with the bank or credit union you already have a banking relationship with. You will be required to provide your proof of employment and income with pay stubs, tax returns, W-2s, or 1099s. Earnest money deposit amount.

Earnest money deposit 97

Earnest money deposit Title Inspection Title search 97

Redfin

AUGUST 3, 2022

Determining how much house you can afford is the first step in the home buying checklist – setting a realistic budget will relieve stress in the long run and help narrow your home search. Here are the steps to determine how much house you can afford: First, determine your debt to income ratio (DTI).

Pre-approval 75

Pre-approval Purchase and sale agreement Title Debt-to-income ratio 75

The Close

DECEMBER 29, 2022

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97