Follow These Important Steps and Prepare yourself to Buy a Single Family Home Getting financially ready to buy a home is a daunting task. There are several things you need to consider before you make this big decision. For example, do you have a steady income? Is your credit history good enough? What about your
The past year has shown us record low interest rates, making many people consider their options for purchasing a home. So what does the process entail, how does it all work, and how long does it take? Here are the steps to buying a single-family home. If you’re thinking of buying a home but aren’t
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You’ve signed on the dotted line and are now officially a homeowner – and the last thing to do is move in. Check out these tips to make your move easier: Get organized. Moving day is exciting, but planning the move can be time-consuming (and maybe even a little stressful). It’s a good idea
When you’re house-hunting, you’ll likely have the opportunity to go to open houses – homes that the seller is opening for tours to the public on a specific day. Visiting open houses is a great way to find the perfect home for your needs, but there are ten simple rules you should follow while
Get Preapproved When you’re preparing to finance a home or investment property, you’ll hear two common terms: pre-qualification and pre-approval. Pre-approval is the one to pay attention to and the most important. When you pre-qualify for a mortgage, you get a ballpark estimate of how much you might be able to borrow
Now that everything is done, it is time to close the deal. But before you do that, your agent will have opened an escrow account. About Escrow After you and the seller have signed the purchase agreement contract, your REALTOR® can open escrow with a licensed title company. The title company acts as an
When you’re selling a duplex, triplex, fourplex or single-family home in Silicon Valley, you’ll encounter the term contingency. But what is a mortgage or loan contingency, and how will it affect your real estate deal? What is a Mortgage or Financing or Loan Contingency? A contingency is a condition that must be met –