Redfin

JULY 31, 2025

Fannie Mae’s HomePath Ready Buyer Program : This offers up to 3% in closing cost assistance when purchasing a HomePath property and completing a homeownership course. Pay bills on time: On-time payments have the biggest impact on your credit score, proving you’re reliable and consistent with debt.

Purchase and sale agreement

HomeLight

NOVEMBER 29, 2021

The amount varies, but it is usually based on a percentage of the home’s purchase price. Some mortgage programs require no down payment but can have strict eligibility requirements. First-time homebuyers may need a 20% down payment to avoid mortgage insurance (MI), which can sometimes be a difficult hurdle to clear.

Land

The Close

DECEMBER 29, 2022

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. Balloon mortgage.

Purchase and sale agreement