Redfin

AUGUST 29, 2024

These loans are typically issued for more expensive homes and come with stricter qualification requirements. Get pre-approved As you’re researching how to buy a house, you will want to get a mortgage pre-approval. Getting pre-approved initiates the mortgage process with a lender and tells you how much you can borrow.

Earnest money deposit 52

Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 52

The Close

JULY 25, 2024

Title The buyer has the right to perform a title search to ensure the transferability of the title before closing. If the offer is cash, submit redacted proof of funds to strengthen the offer further. Sale of Primary Residence The buyer has a home to sell before purchasing the new property.

Earnest money deposit 71

Earnest money deposit Agents Inspection Finance 71

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.

Purchase and sale agreement 98

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