Earnest money is a good-faith deposit buyers make when submitting an offer on a home. It’s designed to show the seller they’re serious about the purchase […]
Most buyers will need to earn between $50,000 and $65,000 per year to afford a $200,000 home.This assumes average interest rates, a standard loan term, and […]
When you’re house hunting, getting pre-approved for a mortgage is an essential first step. But how long does that pre-approval actually last? Whether you’re browsing homes […]
Key takeaways: You can legally submit offers on multiple homes Once an offer is accepted, it becomes a legally binding contract Use offer contingencies and time […]
Buying a home comes with a lot of responsibilities, including the risk of unexpected repairs that can quickly become expensive. That’s where a home warranty comes […]
The number of American houses worth $1 million is at an all-time high, as home prices continue to hit new records. While million-dollar homes are out […]
Key takeaways Review the condo association’s finances and documents closely to ensure stability. Inspect the building and individual unit thoroughly for any maintenance issues. Understand the […]