Making an offer on a property is an exciting prospect, but many things need to happen before you can move in. You need to take many steps before and after making a bid for homes you love. We’ll look at what you should know before you make an offer on a home. You’ll also get ...
You've found your dream home! Now what? We outline everything you need to know to make an offer on a house. Plus, tips to beat out other offers on the table.
The appraisal process can differ depending on whether you’re the buyer, the seller, or you’re refinancing. If you’re the home buyer, it’s wise to keep an eye on local home values and toconnect with a qualified real estate agentwho can guide you through the process. As the seller ...
In addition, the appraiser might evaluate the overall design of the home and how it compares to others in the neighborhood A house that needs serious updating could have a lower appraisal value than one recently renovated. The neighborhood ...
How long it takes to sell a house depends on numerous factors. Here's a look at the typical home-selling timeline.
Again, this is “inside” information your realtor may be able to find out from the listing agent. But if they have another house waiting for them and want to be out of their current home quickly, or if the house has been on the market for a long time and they just want to get ri...
Official Appraisal– Lenders strongly encourage this to make sure you’re paying a fair price for the home. Mortgage or Financing– If, for whatever reason, financing is not secured and you’re not approved for a home loan, this protects you from having to proceed with the purchase. ...
These big-picture questions can add to the pros (or cons) of whether this is the right time to buy a house. » MORE: What to expect when you're buying a house Back to top 2. Get your finances in order Buying a house may be the biggest financial decision you'll ever make, so ...
Conduct a thorough home inspection and appraisal before finalizing your purchase. 1. Make Sure You Are Ready If you (or you and your partner or spouse) want to buy your first home, start by determining if you are ready to make a long-term (and expensive) commitment to a house. Your sh...
13 Ask yourself how much house is enough for you, from the number of bedrooms to bathrooms. Some properties have the potential for a convertible space (not listed in the square footage), like an attic, basement, or garage; others do not. Outdoor living space has become extremely important...