Are You Ready to Make a Purchase Offer?
When Should You Make a Purchase Offer?
By Elizabeth Weintraub, About.com Guide
Not every buyer is ready to make an offer.
Making a purchase offer and actually buying a home are generally two different actions, but home buyers sometimes confuse the two. Especially in states such as California where the purchase offer is not the final ...
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Real Estate,
Mortgages,
Buying a Home,
Money Saving Tips,
Buying/Selling Tips,
Appraisals,
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Loan Information
A recent MSN.com article gets you on the right track with a few first steps
You have been thinking about it for a while, maybe even gradually saving up for a down payment, when, finally, it dawns on you: you are ready to buy your first home. Since you obviously haven’t done this before, you may be asking yourself, “What now?” It may not be clear to you now, but the first ...
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Real Estate,
Interest Rates,
Buying a Home,
Money Saving Tips,
Buying/Selling Tips,
Realtors,
Financing,
Commissions,
First Time Homebuyers,
First Time Home Buyers,
Good Faith Deposit,
Open Houses,
Loan Information,
Closing Costs
Earnest Money Deposits - Protect Your Good Faith Deposit
What is an Earnest Money Deposit?
Buyers always ask how much of an earnest money deposit is required. Typically, there is no set requirement. In California, contracts must contain consideration to be valid, but that amount can be as little as one dollar. Laws in your state may be different. Bear in mind, however, that the ...