HomeLight

MARCH 2, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. During this time, review your credit score and determine if it’s considered excellent, good, fair, or poor.

Closing 118

Closing Earnest money deposit Sales Inspection 118

HomeLight

MARCH 6, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. During this time, review your credit score and determine if it’s considered excellent, good, fair, or poor.

Earnest money deposit 110

Earnest money deposit Closing Sales Title 110

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 55

Earnest money deposit Purchase and sale agreement Pre-approval Debt-to-income ratio 55

HomeLight

JULY 31, 2020

Interest rates can spike unexpectedly which can affect qualification if the loan is not locked, or the buyer’s credit score or income can change, causing the underwriter to reject the loan. Repairs identified in the inspection. How it can delay closing. Pay the difference out of pocket. Image Source: (Shutterstock.com/kurhan).

Closing 119

Closing Purchase and sale agreement Title search Earnest money deposit 119