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How to Avoid a Delayed Closing: 7 Common Roadblocks to Be Aware of

Redfin

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. How to remedy the situation. The home appraisal is lower than the sale price.

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What Happens After Making an Offer on a House?

Windemere Buying

Getting the home inspected allows you to ask the seller that certain repairs be made, request seller concessions, and renegotiate your offer. Contact your mortgage lender to relay the final details of the purchase so you can go about securing financing. Now you’re ready to close!

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What to Know About Selling Your Home in Houston, Texas

HomeLight

However, the 7% to 8% does not include your mortgage payoff. To illustrate how this might look, if you sell your Houston bungalow home for $325,000, the seller’s costs could range from $22,750 to $26,000. Pre-listing inspection, if desired or needed: $279 to $400. Possible seller concessions in Houston.

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What to Know About Selling a House in Austin, Texas

HomeLight

However, the 7% to 8% does not include your mortgage payoff. To illustrate how this might look, if you sell your Austin bungalow home for $325,000, the seller’s costs could range from $22,750 to $26,000. Pre-listing inspection, if desired or needed: $279 to $400. Possible seller concessions in Austin.

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How to Sell a House by Owner in South Carolina: A FSBO Guide

HomeLight

Not having agent representation could also lead to paying more in seller concessions. Buyers may get pre-approved for a mortgage at the click of a button on a website, but might not have submitted the documentation. Have the pre-inspection done so that you can be ahead of any potential issues,” Richter suggests.