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How Long Can a House Be Under Contract?

Norada Real Estate

The length of time a house can be under contract can vary, but understanding the contingencies and obligations during this period can help both parties prepare for a successful closing. Purpose of Under Contract The purpose of the under-contract period is to allow both parties to fulfill any contingencies and prepare for closing.

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From Contract to House Keys: Breaking Down the House Closing Process

HomeLight

You still have to make it through the house closing process, where inspections , credit problems, or paperwork issues can trip you up. The closing process fills several weeks as you navigate through multiple steps to make it to the closing table. How long does the house closing process take?

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51 Brilliant Real Estate Tips for Buyers to Edge Past the Competition

HomeLight

Ready to hit the market, buy your dream home and conquer this whole homeownership thing? But there’s so much to keep track of along the way: hiring an agent, getting a mortgage, making offers, and closing the deal. They’ll have specialized market information that others won’t. Don’t forget to budget for closing costs.

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10 Mistakes to Avoid When Buying a Home

Windemere Buying

By working closely with your agent , you can identify these pitfalls ahead of time and adjust accordingly. Work closely with your insurance broker to make sure you have adequate coverage for the most common risks in your area like flood, earthquake, and more. However, this mistake comes with an aside.

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Get Ahead of Appraiser Required Repairs: How Sellers Can Avoid the Most Common Closing Killers

HomeLight

It’s important to distinguish that appraisals are not intended to be a home inspection. While an appraisal is not in the same category as the more in-depth home inspection, different mortgage types (such as conventional loans or government-backed FHA , USDA, or VA loans ) have different minimum property standards.

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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

To make a long story very short, your down payment is officially due at the time of closing. So the down payment is due at closing? Down payments are always due at the time of closing,” says Jeremy Larsen , a Dallas -based real estate agent with 13 years of experience. Jeremy Larsen. Real Estate Agent. Jeremy Larsen.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley. Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Loans are between 3%-3.5%

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