HomeLight

OCTOBER 20, 2021

Whether you sell your home FSBO (for sale by owner) or with the help of a top real estate agent , you will enter into a purchase agreement that will come from the buyer or buyer’s agent. Missteps or misunderstandings in this important contract can delay the sale of your home or even box you into a bad deal.

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HomeLight

JULY 31, 2020

Closing on a house seems pretty straightforward. There’s a house for sale that you want to buy. Once the buyer and seller sign the contract, the closing process begins — and therein lies the rub. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property.

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HomeLight

APRIL 28, 2023

When the time comes to move, some tenacious homeowners in Texas are eager to take over the reins of their home sale and figure out how to sell a house by owner. Often, the decision to go for sale by owner (or “FSBO”) is motivated by a desire to save on agent commissions. That 6% is deducted from the seller’s proceeds at closing.

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HomeLight

MAY 27, 2021

Closing costs? Listing sites where you browse homes for sale usually have a sponsored agent pop-up that will lead you to a real estate agent. Townhouse deals are different from land purchases ; condos are different from single-family homes. The agent’s commission is normally a part of the seller’s closing costs.

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HomeLight

SEPTEMBER 1, 2022

If this all sounds perfect and you’re thinking of purchasing a home in Connecticut, read on! Before you start looking for homes in Connecticut, you want to determine if you’re ready to purchase one. Homebuyers in Connecticut pay an average of just over $2,700 in closing costs when purchasing a home.

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HomeLight

OCTOBER 30, 2020

But is the cash closing process always seamless? A cash deal can close in as little as 7 days, while financed home purchases tend to take an average of 45 days to close. Cash purchases, too, can get held up by a range of potential delays. Suddenly, you have less money than you realized. Because it’s fast.

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HomeLight

JUNE 30, 2022

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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