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42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. Did you know there are multiple types of home loans, and they all have different qualifications and unique features that work for certain buyers? Buyers with strong credit and qualifications. Finalize the purchase contract.

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Why You Still Need an Agent to Buy a New House

HomeLight

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

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Portland Home Inspections: What You Need to Know About Home Inspections in Oregon’s Largest City

Redfin

It’s known for its diverse neighborhoods, historic homes, and modern constructions. Roof leaks, mold, and wood rot are common issues, detectable in a pre-purchase inspection. As stated by the State of Oregon Department of Environmental Quality , ‘All residential buildings constructed before Jan.

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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.