Windemere Selling

MARCH 3, 2025

Youll have time to ensure the facts are correct and be able to dispute mistakes before your mortgage lender checks your credit. Alert the credit bureaus if you see any mistakes, fix any problems you discover, and dont apply for any new credit until after your home loan closes. Why all three?

Pre-approval

HomeLight

APRIL 10, 2025

It uses the equity youve built in your existing home to give you quick access to cash for a down payment or to cover closing costs on your next purchase. Because bridge loans are designed for speed and convenience, they usually cost more than a traditional mortgage.

Equity

The Close

NOVEMBER 25, 2024

I’ll walk you through everything from figuring out if this strategy suits you to finding listings and ultimately closing the deal on the property. Preforeclosure houses typically occur when a homeowner falls behind on mortgage payments, which results in loan default. This is considered the early stages of a home going into foreclosure.

Hard money loan

Redfin

MARCH 14, 2025

But before the deal is final, your lender needs to issue a mortgage commitment letter – a crucial step that signals your financing is solid and closing is within reach. A mortgage commitment letter is a formal assurance from your lender that your loan has been reviewed and is on track for approval, pending final conditions.

Debt-to-income ratio

HomeLight

APRIL 9, 2025

It gives you access to the equity in your existing home so you can cover a down payment and closing costs on your new purchase without waiting for your old house to sell. Bridge loans tend to cost more than traditional mortgages, but they are designed to be fast and flexible, helping you move forward without as much financial stress.

Equity

Redfin

AUGUST 6, 2025

Stage to sell Staging isn’t about decorating; it’s a marketing tool. A staged home: Photographs better online Helps buyers understand scale Creates an emotional connection during tours 7. Homes that are clean, well-staged, priced right, and professionally photographed tend to sell quickly. What sells a home the fastest?

Staging

HomeLight

APRIL 10, 2025

With a bridge loan, you can tap into your homes value to cover a down payment, closing costs, or other expenses tied to your new home. These loans usually come with higher interest rates than traditional mortgages, but they offer speed and convenience when timing is tight. How does a bridge loan work in Charleston?

Equity

HomeLight

APRIL 18, 2025

In this case, a bridge loan allows you to use the equity in your existing home to cover the down payment and closing costs on your new property. In many situations, the same lender providing your new mortgage can also offer a bridge loan. You can prepare your old home for showings, cleaning, and staging after moving out.

Equity

Windemere Buying

JUNE 23, 2025

Building this relationship early allows your agent to understand your needs and preferences in advance, setting the stage for a smoother process when you’re ready to make your move. 9 – 7 Months Out Assess Your Finances Take a close look at your income, debt, and spending habits.

Pre-approval

Redfin

JANUARY 10, 2025

Arguably, the most important variables to consider before you make the decision to sell are home equity, transaction costs, and local market conditions. Home equity Home equity is a term that measures the value of a home to its owner after all debts and liabilities (like a mortgage ) have been paid.

Seller concession

Marco Santarelli

AUGUST 5, 2025

Consider All Costs: Don't just focus on the purchase price. Factor in closing costs, potential repairs, property taxes, and insurance when determining your budget. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage.

Marketing

HomeLight

MARCH 24, 2025

Youre behind on the mortgage with no way to catch up, and now youre facing foreclosure. Who pays closing costs in a short sale? In a short sale, your mortgage lender agrees to let you sell your house for an amount that is less than what you owe and forgives any extra debt remaining after the house sells. Find Agent 1.

Short sale

HomeLight

JULY 28, 2025

It lets you tap into your existing home’s equity to cover a down payment and closing costs, giving you more flexibility in a tight timeframe. Bridge loans are typically more expensive than traditional mortgages, but they offer convenience and speed — especially when you need to act fast and don’t want to risk losing your next home.

Equity

BAM Media

AUGUST 6, 2025

What mattered most: A short, clear reminder about next steps when things got overwhelming A plain-language explanation of legal or financial documents A check-in timed around an offer, appraisal, or moment of doubt A heads-up about closing costs or insurance before they became surprises These aren’t just good service touches.

Agents

HomeLight

JULY 24, 2025

It taps into the equity you’ve built in your existing property, giving you fast access to cash for a down payment or closing costs on your next purchase. While bridge loans typically cost more than a traditional mortgage, many Sacramento buyers find the added flexibility worth it to avoid rushed sales or temporary housing.

Equity

Rochester Real Estate

NOVEMBER 5, 2015

This involves making a careful budget that includes potential costs like the down payment, closing costs, taxes, and possible renovation expenses. The first step to buying a house in New York is to assess your financial readiness and get pre-approved for a mortgage. I also recommend you not forget little details.

Purchase and sale agreement

Redfin

JULY 31, 2025

Between finding the right mortgage and deciding what you want in a home, there’s a lot to consider. In this article: Planning and preparing financially Finding the right mortgage House hunting Making the deal What comes next? They cover topics like budgeting, building credit, mortgage options, house hunting, and closing.

Purchase and sale agreement

HomeLight

JULY 24, 2025

It’s often used by homeowners who need access to their equity to make a down payment or cover closing costs on a new place — without having to wait for the sale of their old home. This type of financing is usually more expensive than a traditional mortgage but can offer valuable flexibility when timing is tight.

Equity

Redfin

JULY 9, 2025

You may have saved enough for your down payment, but make sure to also account for closing costs, taxes, insurance, and any other unforeseen expenses that may arise. It’s best to shop around to find the best rate and determine the best type of mortgage loan for you. If it expires, you can reapply with updated financial info. >>Read:

Pre-approval

HomeLight

JULY 24, 2025

It taps into the equity you’ve built in your existing property, giving you fast access to cash for a down payment or closing costs on your next purchase. While bridge loans typically cost more than a traditional mortgage, many Sacramento buyers find the added flexibility worth it to avoid rushed sales or temporary housing.

Equity

HomeLight

APRIL 30, 2025

If possible, consider staging even just rearranging furniture and adding a few decorative touches to help buyers visualize themselves living in the space. If the house is vacant, it’s always good to engage either virtual staging or physical staging, Hyatt recommends. Our data shows that the top 5% of agents in the U.S.

Sales

Redfin

JULY 10, 2025

Equity is the portion of your home you truly own—the difference between your home’s market value and what you still owe on your mortgage. Before you list, check your home’s current value using tools like the Redfin Home Value Estimator and compare it to your remaining mortgage balance. Free up monthly cash flow without needing to sell.

Equity

Redfin

MARCH 4, 2025

In this Redfin article, well review the real estate forms you should get ready at each stage in the process of selling your home. Home appraisal You would have received a professional home appraisal from when you initially purchased your house because your mortgage lender would have required it. If not, you will sign these at closing.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

This process involves transferring the property to a buyer with available funds, eliminating the need for mortgage financing. Unlike traditional real estate transactions, cash sales typically involve a quicker closing timeline, as there is no need to wait for mortgage approval. Following simple staging tips can be very helpful.

As-is

Rochester Real Estate

NOVEMBER 5, 2015

Top Mortgage Blogs From 2017 Best Mortgage & Home Financing Blogs From 2017 We’re back! This week we’re highlighting the best mortgage blogs from this year! Below you’re going to find some incredible recaps of home financing and mortgage blogs that have been published during 2017.

Finance

Redfin

JUNE 17, 2025

The steps of the due diligence period can include any of the following: Home inspection Pest inspection Appraisal Negotiation of closing costs Title search and title insurance Renegotiations (if applicable due to home inspection) During this period before settlement, the buyer and seller are able to continue negotiations.

Closing

Marco Santarelli

AUGUST 1, 2025

Consider All Costs: Don't just focus on the purchase price. Factor in closing costs, potential repairs, property taxes, and insurance when determining your budget. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage.

Marketing

Marco Santarelli

JULY 25, 2025

Consider All Costs: Don't just focus on the purchase price. Factor in closing costs, potential repairs, property taxes, and insurance when determining your budget. Get Pre-Approved: Before you start seriously looking, get pre-approved for a mortgage.

Marketing

Redfin

JULY 25, 2025

This Redfin Real Estate guide breaks down why the process is so stressful, what emotional stages to expect, and the practical steps you can take to reduce anxiety along the way. Common stressors include: Financial pressure : A mortgage is a long-term commitment, and unexpected costs can add up quickly.

Pre-approval

Marco Santarelli

MAY 12, 2025

Mortgage Rate Mayhem: Remember those super-low mortgage rates during the pandemic? A crash is a rapid, steep, and often unexpected drop in prices, usually across the board, driven by panic and severe economic issues (like the subprime mortgage crisis). My advice: Get pre-approved for a mortgage so you know your budget.

Marketing

Redfin

JULY 3, 2025

In this article: Decide whether to sell now Hire a listing agent Set a selling price Pick a listing date Get a pre-sale inspection Declutter, clean, and stage List your home Show your home Review and negotiate Accept an offer Prepare for the final walkthrough Closing day What happens now? FAQs on the selling timeline 1.

Inspection

Redfin

JUNE 9, 2025

How the home appraisal process works Mortgage lenders only finance up to the appraised value of a home, so once you make an offer, they’ll order an appraisal to confirm the property’s fair market value. Cleanliness and staging don’t officially impact value, but a well-kept home can leave a better impression.

Purchase and sale agreement

Rochester Real Estate

NOVEMBER 5, 2015

Many of these first time home buyer programs and grants can help cover a large amount of the “closings costs” and/or allow them to finance a higher percentage of the loan (or all of the loan in some cases). Rochester first time home buyers, there are many first time home buyer options and mortgages available to YOU!

Closing costs

Redfin

MARCH 4, 2025

All mortgages place a lien on the property in the event that a lender needs to take ownership of the home. Government-owned properties Some mortgages are government-backed, like VA loans and FHA loans. Preforeclosures A preforeclosure is a home that is in the beginning stages of foreclosure. What is foreclosure?

Pre-approval

Rochester Real Estate

NOVEMBER 5, 2015

The deposit will then be used as part of the closing costs or down payment when the purchase successfully closes. Home inspections Mortgage contingency Real Estate Appraisal Home sale contingency These are the most typical contingencies that could allow for the return of your home deposit.

Earnest money deposit

The Close

MARCH 11, 2025

This process involves multiple stages, starting with identifying an FSBO listing to securing appropriate financing and completing the closing procedures. Various financing options exist for FSBO properties, like traditional mortgages, hard money loans, and private investors.

Sales

Rochester Real Estate

NOVEMBER 5, 2015

Staging & Cleaning When you’re trying to sell a product, presentation is everything. Talk to your real estate agent to determine who will pay for the cleaning costs before listing your home on the market. Professional staging is another tool to consider when preparing to move out of state and sell your property.

Inspection