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

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Typically, the higher your credit score, the lower your interest rate will be, which saves you money over the life of the loan. Different loan programs will require different down payment amounts, but you do not always need to put 20% down when buying a home. It’s all about the down payment.

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How Long Does It Take to Close On a House With Cash in 2022? Here’s Your Timeline

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Paying cash saves you money, and you might need a place to live sooner rather than later. But just how long does it take to close on a house with cash, compared to a traditional loan? The bulk of the time, however, is consumed by loan underwriting and processing. Submit earnest money: 1 day. Title search: 3 days.

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Find Cash Home Buyers in Houston for a Fast, Simple Sale

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Save money on closing costs and other fees: Although you’ll probably give a discount by selling to a cash buyer, you’ll save on various costs that cut into your profit with a traditional sale such as real estate agent commission averaging 6% in Houston. The buyer does due diligence during the option period in Texas.

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