Remove Backup offer Remove Debt-to-income ratio Remove Pre-approval
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Can You Put an Offer on a House That’s Contingent?

RIS Media

While financing may be pre-approved, the process is complex. Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . You’ll want to make a backup offer to put yourself in the game.

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How to Find Affordable Houses: 13 Smart Ways to Save on Your Next Home

Redfin

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. Maintaining a low debt-to-income ratio and a strong credit score can also enhance your eligibility for favorable mortgage terms. The 28/36 rule is a common mortgage budgeting guideline.

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How to Find Affordable Houses: 13 Smart Ways to Save on Your Next Home

Redfin

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. Maintaining a low debt-to-income ratio and a strong credit score can also enhance your eligibility for favorable mortgage terms. The 28/36 rule is a common mortgage budgeting guideline.