Remove Closing costs Remove Debt-to-income ratio Remove Inspection contingency Remove Purchase and sale agreement
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25 Nightmare Scenarios That Can Disrupt Closing (And How to Avoid Them)

HomeLight

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. This can radically alter their debt-to-income ratio and jeopardize the whole deal.

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21 Dos and Don’ts When Buying a Home

HomeLight

For example, it may be worth strategically paying down some of your debt or disputing any errors on your credit report before purchasing a home. These events may not necessarily prevent you from buying a house, but there may be a time limit required from the time the event happened until you can purchase a home with a mortgage.

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What You Need to Buy a House in 2021

Redfin

Later in the year, the worst of the pandemic will hopefully be behind us, and as businesses reopen and daily activities become safer, a new batch of homebuyers and sellers will enter the housing market, making for the strongest year of home sales since 2006. ”. There is a shortage of homes for sale. Home Inspection Fee.