Remove Closing costs Remove Debt-to-income ratio Remove Sales
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Louisiana’s housing market has an insurance problem

Housing Wire

According to Altos Research data , 90-day median list prices have risen from roughly $230,000 in April 2020 to $275,000 in early April 2024, contributing to the slowdown in home sales. I’ve seen buyers ask for and get between $8,000 and $10,000 in closing costs covered.

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Buyer agency: a crucial historical shift in real estate

Housing Wire

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. home sales—often attract buyers who are stretching their financial limits to achieve homeownership.

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Thinking of Selling Your Home? Take this Seller Litmus Test

HomeLight

A quick turnover can signal strong demand, potentially leading to a faster sale at a favorable price. You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. The software will automatically load listings marked as “Closed” and indicate the selling price.

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Should You Buy a Home or Keep Renting? How To Decide in 7 Steps

Realtor.com

They can also tell you how much of a mortgage you qualify for, which is determined in part by your debt-to-income ratio. Can you afford the closing costs? But beware: If you want to buy, there are more upfront costs involved. When you’re buying, you have closing costs and a down payment.

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Bridge Loans in Connecticut: How to Unlock Home Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. It hands you the cash needed for a down payment and covers those pesky closing costs on your new purchase. It’s like unlocking the treasure chest that holds your down payment and covers those essential closing costs for your fresh start.

Equity 111
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Today’s Mortgage Rates February 26, 2025: Rates Drop to Lowest Point

Marco Santarelli

It really depends on your original rate, how long you plan to stay in your home, and if the closing costs of refinancing make sense for your situation. Think of this current dip more like a temporary sale at your favorite store it's good while it lasts, but it might not be around forever. Q: Im thinking about refinancing.

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What Is an Assumable Mortgage and How Does It Work?

Point2Homes

As a result, you will need to meet the lender’s requirements when it comes to credit score and credit history, income and debt-to-income ratio to qualify for a loan. However, they must also meet the lender’s debt-to-income ratio, as well as credit score requirements. As a bonus, the U.S.