Remove Earnest money deposit Remove Inspection Remove Pre-qualification
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9 Smart Tips for Making an Offer on a House That Stands Out

Redfin

Get pre-approved for a mortgage and have cash ready One of the biggest signals to sellers that you’re serious is a mortgage pre-approval letter. This is more than just pre-qualification: It shows a lender has already vetted your finances. Why pre-approval matters: It gives sellers confidence in your ability to close.

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Best and Final Offer (BAFO): What It Means For Buyers and Sellers

Redfin

Earnest money deposit: A higher deposit signals serious intent and financial stability. inspection, financing) make your offer more appealing. Inspection terms: Flexibility or waiving the inspection entirely can reduce friction—but know the risks. Contingencies : Fewer or shorter contingencies (e.g.

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23 Common First-Time Homebuyer Questions: Your Questions Answered

Redfin

It covers a variety of fees like lender and title fees, property taxes, home inspection, and homeowners insurance, to name a few. Should I get pre-qualified or pre-approved for a mortgage? If you’re considering buying a home, you’ve likely heard of getting pre-qualified or pre-approved.

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The Four Most Common Reasons Home Buyers Back Out of Real Estate Transactions

CT Homes

Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. There is a huge difference between a pre-qualification and a pre-approval. Overwhelming Home Inspections. The best way to deter “shotgun” bidders is to increase the earnest money deposit.

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How to Buy a House in San Diego: 14 Steps to Close the Sale

HomeLight

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. You will be responsible for ordering your own inspections with the help of your buyer’s agent, again, at your own cost.

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How to Buy a House in the Bay Area: 14 Steps to Close the Sale

HomeLight

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. You will be responsible for ordering your own inspections with the help of your buyer’s agent, again, at your own cost.

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

Redfin

However, there are a lot of things to learn about how to buy a house, like current mortgage rates, your credit score, home inspections, and closing costs. You will also need to save money to put toward closing costs , about 2-5% of the purchase price. What’s an earnest money deposit?