Buying a home is exciting, but if you’ve never done it before, it can also feel like a mystery. How long does it take? What happens first? When do you actually get the keys?While every transaction is different, most home purchases follow a fairly predictable path. Here’s a clear breakdown of what to expect from your first showing to closing day. Step 1: Financial Prep & Pre-Approval (1–2...
If you’re looking into buying a home in the spring market, chances are you’ve heard of a pre-approval letter. Before starting your home search, you should get pre-approved by a lender, who will let you know exactly how much you can spend. To determine your maximum spending ability, lenders examine your finances, credit score, bank statements, W-2s, tax returns, and other financial...
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