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Home Buying Checklist: A Survival Guide for Buyers

Redfin

Determining how much house you can afford is the first step in the home buying checklist – setting a realistic budget will relieve stress in the long run and help narrow your home search. Here are the steps to determine how much house you can afford: First, determine your debt to income ratio (DTI).

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

The Close

How else would you and your clients understand how much is being paid in principal and interest over the years? Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. Clear title. Debt-to-income ratio (DTI).