HomeLight

MARCH 2, 2023

With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs you might have as well. Loans are between 3%-3.5%

Closing 87

Closing Earnest money deposit Sales Inspection 87

HomeLight

MARCH 6, 2023

With tips on everything from how to save for your down payment, specific loan programs for buyers, and what you should look for in an agent, we’ve got you covered. Closing costs in California average about 1% of the home’s sale price , and there are other pre-paid costs to consider as well. Loans are between 3%-3.5%

Closing 82

Closing Earnest money deposit Sales Title 82

HomeLight

AUGUST 16, 2021

First-time homebuyer loans can help make it easier on first-time homebuyers , offering access to special mortgage programs with low down payments. With this expert-backed guide, we’re here to help: Here’s how to apply for a first time home buyers loan in eight manageable steps. Source: (LinkedIn Sales Solutions / Unsplash).

Loans 92

Loans VA loan FHA loan Purchase and sale agreement 92

HomeLight

JUNE 28, 2021

Due to the nature of how a home becomes a “HUD home,” purchasing one differs from the traditional homebuying process, and there are a few qualifications, special incentives, and risks that any savvy homebuyer should be aware of. Buying a HUD home isn’t like traditional home sales. Get pre-qualified with a mortgage lender.

Pre-approval 89

Pre-approval Pre-qualification FHA loan Inspection 89

Windemere Buying

OCTOBER 18, 2021

Not getting pre-approved Getting pre-approved is a key component of the early stages of the buying process and will help to maximize your chances of getting your offer accepted. VA Loans can be a lifesaver for active service and veteran personnel, offering zero down payment and lower-than-average mortgage rates.

Pre-approval 52

Pre-approval Pre-qualification Debt-to-income ratio Inspection 52

HomeLight

AUGUST 16, 2021

If your credit score is too low to qualify for a home loan, or you’re not happy with the rate you’d get with your current score, you might consider spending some time repairing your credit before buying a house. Your down payment can be as low as 3%, or even 0% if you qualify for a zero-down loan. Weigh your loan options.

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Closing costs Purchase and sale agreement Inspection Loans 103

HomeLight

APRIL 11, 2022

Statistics from the National Association of Realtors® (NAR) show that of all the sales that closed in February 2022, only 22% waived an appraisal contingency , indicating that a majority of buyers are still using a mortgage and thus opting for the required appraisal.

Loans 98

Loans Pre-approval Agents Inspection 98

HomeLight

DECEMBER 6, 2021

The following resources may also be of assistance in your family sale: Real estate agent: For a reduced commission rate, an experienced agent can help minimize challenges and coordinate the sale. You can easily find a top agent with relevant qualifications for the job through HomeLight. Set assumptions aside and get one!

Purchase and sale agreement 105

Purchase and sale agreement Marketing Equity Inspection 105