Real Estate Articles

Proof of Funds Explained

Proof of Funds Explained

If you’re thinking about making an offer on a home, your Realtor has likely asked you to produce two key documents to submit with your offer: proof of funds and a pre-approval letter. These two documents go hand-in-hand to create the best ...

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Pre Approval Letter [Sample + How to Get One]

Pre Approval Letter [Sample + How to Get One]

A pre-approval letter is a written statement from a lender that summarizes how much money they’ll loan to a borrower to buy a home. Pre-approval letters also stipulate the type of loan program used for the purchase. Banks or mortgage ...

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What is a Home Warranty? Everything You Need to Know

What is a Home Warranty? Everything You Need to Know

A home warranty is a service contract that covers the repair or replacement of appliances and mechanical systems in a home for one year. Warranties are renewable annually. Homeowners take comfort knowing that when items covered by their warranty ...

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Who Pays Realtor® Fees?

Who Pays Realtor® Fees?

Two of the most frequently asked real estate questions Realtors hear from first time home buyers and sellers are how: do Realtors get paid and do I have to pay an agent to buy a home? This post aims to clarify who is responsible for paying realtor ...

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Closing Costs in Washington State

Closing Costs in Washington State

Who Pays Closing Costs in Washington State? Closing costs in Washington State are the fees and taxes associated with real estate transactions. If you’ve purchased a home in the past, you may can recall the fees that get tacked on during ...

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Steps in the Escrow Process Simplified!

Steps in the Escrow Process Simplified!

So, the offer you made on a home was accepted? Congrats! You're now in escrow. Pretty soon you'll receive a mountain of paperwork and disclosures and reports to read. The professionals who’ve been helping you (your agent and lender) will get ...

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12 Common Real Estate Questions That Buyers Ask

12 Common Real Estate Questions That Buyers Ask

Real Estate FAQs As a home buyer, especially if you are new to the process, you will be learning about several new real estate terms. Although you will, of course, have your real estate agent to rely on, sometimes it's nice to know what you're ...

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What Does Bumpable Mean in Real Estate?

What Does Bumpable Mean in Real Estate?

“Bumpable” is a property listing status that is used by an MLS to indicate to other real estate agents and prospective buyers that a seller accepted an offer on their home, but with the condition that the buyer first sells their current ...

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7 Steps of the Home Buying Process [2020 Guide]

7 Steps of the Home Buying Process [2020 Guide]

There are seven steps in the home buying process. Each part of stage of the timeline consists of several activities and paperwork. It doesn’t matter whether this is your first time buying a home or you’ve done it before; the steps are ...

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First Time Home Buyer Oregon Loan Programs 2020

First Time Home Buyer Oregon Loan Programs 2020

First Time Home Buyer Programs in Oregon Oregon Housing and Community Services (OHCS) is Oregon's housing finance agency. The agency aims to help Oregonians with low or moderate incomes obtain stable and affordable housing. With those goals in ...

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Moving to Seattle? Here’s What Living Here is Like.

Moving to Seattle? Here’s What Living Here is Like.

Living in Seattle is great, just ask anyone who lives here. Sure, they'll complain about the rain, traffic and graffiti, but they have no plans to leave anytime soon. In fact, more people are moving to Seattle each year; the U.S. Census places ...

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