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Frequently Asked Questions about Buyers Agents in Real Estate

Realty Biz

When choosing a buyer's agent, consider factors like experience and qualifications. Understanding the mortgage process, including prequalification and pre-approval, is also essential. Buyer agents can provide valuable support in various situations, such as buying a new home or purchasing a foreclosure.

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Key Differences Between Creative and Traditional Real Estate Investing

Realty Biz

It’s about working with a professional agent to narrow your search and help you navigate through the purchase process. It also requires qualifying for a bank loan based on passing a set of rigid qualification standards. It means proving you are pre-qualified for a loan before you know what house you might buy.

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17 Home Closing Delays and How You Can Avoid Them

HomeLight

There’s a house for sale that you want to buy. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. The appraisal is lower than the purchase price. Closing on a house seems pretty straightforward. You send your offer to the seller.

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How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Source: (LinkedIn Sales Solutions / Unsplash). Bank of America has two national DPA programs. Mark Moskowitz is a top-selling agent in the Agoura Hills area of Los Angeles, where he completes 17% more sales than the average agent. But if you don’t know how to get one, then you might feel daunted — even discouraged.

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42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. The higher your score, the more likely you’ll be approved for a mortgage, and the better rate you’ll be offered. Buyers with strong credit and qualifications. 42 steps to buying a house. Here’s a quick breakdown: Loan type.

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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

The planning stage (1 to 3 years before purchase). The lender wants to be sure you can pay back the mortgage plus any other debts you owe, so the bank will calculate your DTI. Set up automatic payments with your bank, so you don’t miss the payment deadline. Source: (Shopify Partners / Burst). Pay all your bills on time.

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Why You Still Need an Agent to Buy a New House

HomeLight

We talked to agents, builders, and other top industry experts to develop this guide that’ll help you make the most out of working with an agent on your new-home purchase and to find out what they can do for you. They’ll be able to tell you if you’re getting ripped off on the sale price or if a builder overcharges you on granite countertops.

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