Remove Closing costs Remove Debt-to-income ratio Remove Inspection contingency Remove Pre-approval
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What You Need to Buy a House in 2021

Redfin

Have a Healthy Debt-to-Income Ratio (DTI). Another key component banks consider when issuing loans, is your debt-to-income ratio. The debt-to-income ratio is a lender’s way of comparing your monthly housing expenses and other debts with how much you earn. Home Inspection Fee.

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26 First Time Home Buyer Tips to Get Your Foot in The Door In 2021 (Plus 5 That Just Don’t Work)

HomeLight

Then you’ll have to pay closing costs, including appraisal and inspection costs (and don’t expect the seller to chip in — more on that later!). Plus, there’s the cost to move, furnish, and customize your new home. This is known as your debt-to-income ratio (DTI). Make your best offer first.