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Tips to Help Buyers Successfully Navigate a Hot Real Estate Market

Realty Biz

There may not be enough houses on the market right now, but more are coming on the market every day. The preapproval letter is based on the lender reviewing and confirming your W-2s, bank statements, credit score, and other relevant documentation. Require a minimal home inspection. Offer to rent back to the seller.

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Closing on a House Checklist: 6 Things Home Buyers Must Do Before They Move In

Realtor.com

These are the most common contingencies that are part of your new home closing process: Home inspection contingency: This gives buyers the right to have the home professionally inspected. If something is wrong, you can request that it be fixed—or you can back out of the sale. Your home inspection reports.

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Big-City Convenience with Small-Town Charm: How to Buy a House in Arlington

HomeLight

Small-town charms and big-city conveniences beckon buyers in search of proximity to the nation’s capital, plenty of lifestyle perks, and a thriving economy and job market. on the southwestern bank of the Potomac River. According to the Arlington Department of Real Estate’s 2021 market study , residential property values are up 5.6%.

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What’s the Deal with Making a Cash Offer on a House?

HomeLight

Cash offers are more popular in some markets than others; for buyers trying to find a house in an area where cash offers are prevalent, competing against those offers can be a discouraging part of the homebuying process. Keep in mind that the number of cash offers floating around fluctuates with the market and at different price points.