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How to Buy a House in 15 Steps: The Ultimate Guide

Redfin

You will also need to save money to put toward closing costs , about 2-5% of the purchase price. Closing costs typically include appraisal costs, home inspection fees, title insurance, and more. Jumbo loan: Also known as non-conforming loans, jumbo loans exceed the limits set by conforming loans.

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How Long Does It Take to Close on a House From Start to Finish?

HomeLight

You’ve accepted an offer on your house and both you and the buyer have signed the purchase contract. But the time required to process and underwrite the loan will be in large part what dictates the length of your closing. 24, you can expect to close on the sale of your home somewhere between the end of February to mid-March.

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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

Before you start looking for homes in Florida, you want to determine if you’re ready to purchase one. 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.

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Your Ultimate Guide to Buying a Home in Connecticut in 14 Steps

HomeLight

If this all sounds perfect and you’re thinking of purchasing a home in Connecticut, read on! Before you start looking for homes in Connecticut, you want to determine if you’re ready to purchase one. Homebuyers in Connecticut pay an average of just over $2,700 in closing costs when purchasing a home. Saving for your down payment.