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Termite Report Homeowner’s association Real-estate owned Debt-to-income ratio Proof of funds Earnest money deposit Purchase and sale agreement Pre-approval Closing costs Short sale More Related Topics >
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This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

MARCH 17, 2021

Pre-qualification is just an estimate of what size loan you might qualify for. With a pre-approval, you typically submit your financial paperwork with your initial mortgage application, and the lender will verify the information. Complete the title review (about a week before closing).

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Pre-approval Purchase and sale agreement Title Closing 98
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131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

DECEMBER 29, 2022

Chain of title is an historical record of previous owners of a property that’s essential in establishing the legal ownership of the property. An established chain of title helps protect the buyer from future challenges to ownership. A title search helps create that chain and is usually conducted by a lawyer or title company.

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Purchase and sale agreement Title Proof of funds Pre-approval 98
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