Remove Pre-approval Remove Pre-qualification Remove Purchase and sale agreement Remove Staging
article thumbnail

How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Source: (LinkedIn Sales Solutions / Unsplash). Mark Moskowitz is a top-selling agent in the Agoura Hills area of Los Angeles, where he completes 17% more sales than the average agent. Get preapproved for a loan at this stage. At this stage, you should already be preapproved. Step 1: Make sure you qualify.

Loans 98
article thumbnail

42 Steps to Homeownership: The Resourceful Buyer’s Go-To Guide

HomeLight

Plus, if you do decide to take the leap, you’ll be ready to tackle your home purchase like a pro. While you’re in the preparation stages of buying a home, it’s a good idea to spend some time in the neighborhoods you might end up in. Buyers with strong credit and qualifications. 42 steps to buying a house. Minimum credit score.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Checklist and Timeline Is Your GPS for Buying a House

HomeLight

The planning stage (1 to 3 years before purchase). “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. Pre-qualification is just an estimate of what size loan you might qualify for.

article thumbnail

How to Sell a House by Owner in New Jersey

HomeLight

When the time comes to move, some tenacious homeowners in New Jersey are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

article thumbnail

Top Five: Real Estate Stories Of 2022

Toronto Realty Blog

Tomlinson exposed multiple instances of bad practices in the Vancouver real estate market, including the now-infamous “assignment” of existing agreements, in this column: “The Real Estate Technique Fuelling Vancouver’s Housing Market”. October 19th, 2022, I wrote, “Should Tenants Be Pre Approved For Candidacy?”

article thumbnail

131 Real Estate Terms & Definitions Your Clients Expect You to Know in 2023

The Close

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.