Debt-to-income ratio, Earnest money deposit, Inspection contingency and Principal

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Debt-to-income ratio

Earnest money deposit

Inspection contingency

Principal

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

HomeLight

JANUARY 27, 2021

Your mortgage payment is more than just the cost of the principal and interest on your loan. Make sure you budget for the entirety of your monthly mortgage payment, not just your principal and interest! Definitely include an inspection contingency. When you buy a home, you’ll typically want to have it inspected first.

Closing costs

Closing costs Loans Inspection Earnest money deposit

21 Dos and Don’ts When Buying a Home

HomeLight

JUNE 30, 2022

Transaction details: the purchase agreement and a copy of your earnest money deposit. Even in a competitive housing market, where buyers are waiving inspection contingencies , it’s always a good idea to get an inspection so you know what exactly is wrong with the house before you take ownership.

Purchase and sale agreement

Purchase and sale agreement Inspection Earnest money deposit Closing costs

Residential Realty Today

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

21 Dos and Don’ts When Buying a Home

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