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From consultation to closing: The definitive homebuying checklist

Housing Wire

Buyers agents are not just bright smiles that open doors were the guide our clients rely on to navigate the homebuying process. This is when your buyers need you the most. Thats why having a definitive homebuying checklist is an essential part of your agent toolkit. Have you spoken to a lender? What is your reason for purchasing a new home?

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What is a home appraisal gap?

Housing Wire

Specifically, they want to be sure it’s worth the money they’re lending you and, most importantly, that they’ll recoup their investment if you default on the loan. Ask for seller concessions to make up for the increased price. Change your closing date to a more convenient one for the seller. One more option.

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Creative Ways To Win A Bidding War In A Competitive Market

Easy Agent Pro

This can help showcase your commitment, flexibility, and willingness to meet the seller’s needs, ultimately positioning you as the most attractive buyer. Submit Personalized Offer A personalized offer can significantly impact the seller’s decision-making process. This will prevent overextending yourself financially.

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Can Closing Costs Be Rolled Into Your Mortgage?

Redfin

Closing costs can cover a wide range of things, including but not limited to and depending on whether you are the buyer or the seller: Origination fees: What the lender charges for processing and underwriting the loan. This means you’ll borrow more money, but you won’t have to pay as much out of pocket at closing.

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Can You Get Your Earnest Money Back at Closing?

Redfin

Understanding how earnest money works can help you feel more confident as you move through the homebuying process. This Redfin article will break down exactly what happens to your earnest money at closing, and what to expect in different scenarios. What is earnest money? You may receive a refund.

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Killer Tips For Negotiating a Home Inspection

Realty Biz

The crazy hot seller's market forced many home buyers into forgoing their inspection. The buyer can have their earnest money deposit returned when this happens. Most of the time, the problems are not significant enough for a buyer to terminate but to either negotiate the price or ask the seller to complete repairs.

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8 Ways Home Buyers Can Get Their Offer Accepted

Realty Biz

If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want. Sellers are in the driver’s seat, and they know it. Offer a Larger Earnest Money Deposit.