Redfin

JULY 30, 2025

If you’re wondering if you’re ready to buy a house , consider these three factors: Financial stability: If you have a low credit score, lots of debt, and not enough funds to cover a down payment and closing costs, you may want to wait to buy a home. Closing costs: Typically 2-5% of the home’s purchase price.

Pre-approval

Redfin

AUGUST 5, 2025

This means when a seller receives a cash offer (with proof of funds) they can be almost 100% confident the deal will quickly make it to the closing table. Avoid paying interest: By paying all cash and not taking out a mortgage, you can avoid paying interest. Here’s the step-by-step process. in interest over that time.

Earnest money deposit

Marco Santarelli

APRIL 27, 2025

High Mortgage Rates Are the Big Story: As of mid-April 2025, the average 30-year fixed-rate mortgage was hovering around 6.83% , according to Freddie Mac data mentioned in the report. a year prior, it's still historically high compared to the ultra-low rates we saw a few years ago.

Finance

The Close

DECEMBER 29, 2022

Clients might be interested in an ARM because it allows borrowers to take advantage of interest rate decreases without having to go through a whole refinance process and pay additional closing costs. Closing costs. Clients will need an exact accounting of the total amount owed in closing costs.

Purchase and sale agreement