Remove Loans Remove Pre-approval Remove Renovation Remove Seller concession
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16 Tips to Win a Bidding War on a House

The Close

They only had to finance a small part of the home loan (less than $100,000) after they offered to pay 80% of the list price in cash. That may sound like a lot to add, but when your buyers roll it into their mortgage, it should not change their monthly payment so much that it prevents them from qualifying for their loan.

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Buyer’s Market vs Seller’s Market: What’s the Difference?

The Close

This means you’ve got a pre-approval in hand and that you understand the importance of being flexible. Guidance for Sellers in a Buyer’s Market For those sellers in a buyer’s market, you must be strategic about selling your home. This can tell you how hot the market is—either a buyer’s or a seller’s market.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

This documentation will be necessary when applying for a mortgage pre-approval. Research different types of mortgages available, such as conventional, FHA, or VA loans. It's advisable to reach out to multiple lenders and obtain pre-approval. Next, examine your credit score and history.

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What Is the Cost to Sell a House in Chicago?

HomeLight

You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale. Seller concessions. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Seller concessions are another cost to sell a house in Chicago. Closing costs.

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What to Know About Selling Your Home in Houston, Texas

HomeLight

Pre-listing inspection, if desired or needed: $279 to $400. Before deciding to make any large repairs or attempt major renovation projects, it’s wise to consult with your real estate agent. Possible seller concessions in Houston. Mortgage loan payoff: Ask lender (Texas state average is $176,736 ). Selling expense.

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What to Know About Selling a House in Austin, Texas

HomeLight

Pre-listing inspection, if desired or needed: $279 to $400. Before deciding to make any large repairs or attempt major renovation projects, it’s wise to consult with your real estate agent. Possible seller concessions in Austin. Mortgage loan payoff: Ask lender (Texas state average is $176,736 ). Selling expense.

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How to Sell a House By Owner in New York: Your NY FSBO Guide

HomeLight

Not having agent representation could also lead to paying more in seller concessions. Homes were selling with little or no renovation or prep work. In light of the slowing market and high interest rates, however, Lajara says sellers will need to do more work to get homes ready now. Not pre-qualifying potential buyers.