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From consultation to closing: The definitive homebuying checklist

Housing Wire

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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What Is the Cost to Sell a House in Chicago?

HomeLight

You can probably expect to run into these common expenses for home sellers in Chicago: Prepping your house for sale. Seller concessions. Pre-listing inspection: $279-$400 , if desired or needed. Seller concessions. Seller concessions are another cost to sell a house in Chicago.

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Vital Steps to Take When Purchasing Your First Home

Realty Biz

This documentation will be necessary when applying for a mortgage pre-approval. It's advisable to reach out to multiple lenders and obtain pre-approval. Navigating the Home Inspection and Negotiation Process Once you have put a house under contract, the next step will be the home inspection.

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What to Know About Selling a House in New York State

HomeLight

Escrow fees: In many cases, the seller is expected to cover some of the fees paid to the third-party escrow company that is holding the buyer’s earnest money between contract and closing. This is typically 1%-2% of the sale price, and is negotiable between the buyer and seller.

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Beach Town Fun Meets Southern Charm: How to Buy a House in Myrtle Beach

HomeLight

While deals and seller concessions may be tough to come by, there are a few things you can do to make a competitive offer. Increasing your down payment , upping the earnest money , and obtaining pre-approval from a local lender can also improve your offer. Source: (Colin Lloyd / Unsplash).

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16 Tips to Win a Bidding War on a House

The Close

Ensure Your Client Has Loan Pre-approval Many sellers are anxious to get to the closing table quickly, which drives many to cash buyers , even for a lower price. Also, understand the difference between a prequalifying and a pre-approval letter. In fact, I suggest quite the opposite.

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How to Sell a House With a Realtor®, From Home Prep to Closing Day

HomeLight

Few (or zero) repair requests, contingencies , or seller concessions. The buyer’s financial health (mortgage pre-approval, down payment size, etc.). Often, sellers are so comfortable living in their homes that they’re blind to its live-in condition. Communicate through the inspection and appraisal.

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