When it comes to your home, better safe than sorry A clear title to the property you’re buying is essential to completing the transaction and taking ownership. In some cases, unknown issues can arise during the title transfer process; this is where title insurance can protect you and your mortgage lender. Read on to learn…
Act with Care to Prepare Buying a home is most likely the largest financial decision you’ll ever make. Therefore, it is essential to keep in mind a few tips for things to do and things to avoid as you begin the process. To Avoid: Don’t apply for any credit cards. Applying for new credit can…
The Unexpected Can Add Up Fast The sticker price of a home is just the starting point of its actual cost in the short and long terms. Here are a few more costs to factor into the equation as you answer the question of whether you can afford a home: Things to Think About Closing…
Agent Advice is Priceless Phew! You made it through the process of buying a home. Along the way, you’ve worked closely with your buyer’s agent, who has worked hard to earn your trust. As you settle into your new nest, consider these reasons to maintain a relationship with your agent—beyond the closing table. Your agent…
Congratulations! You made an offer on the home you want, and the sellers have accepted. What happens now? There are a lot of things to do before you can sit down at the closing table. Your Nest agent will help guide you through these next steps: What’s Next Earnest Money Deposit: You will need to…
You’ve found the one! The search is over, and you’ve found a home that fits your needs both now, and for the foreseeable future. Now what? It’s time to make an offer! Confer with your Nest agent to determine your starting price. This will depend on several factors, and may be higher or lower than…
The home buying process is never “one size fits all.” One of the important factors to consider is the state of your local housing market conditions, specifically whether it’s a buyer’s market or a seller’s market. What’s the difference? In a seller’s market, the demand for housing exceeds the inventory or available homes. In a…
There are so many helpful things your agent can do, that you might think they’ll be able to get you exactly what you want in a home without any need to compromise. But realistically, this is not the case for most home buyers. But your buyer’s agent is the best person to have in your…
Finding the right mortgage lender to get that preapproval for a mortgage might seem daunting. Good news—your buyer’s agent is here to help! Ask your agent for recommendations and you can rest assured that they will give you the names of mortgage lenders they trust. At Nest Realty, we love all things local. That includes…
The most important question when it comes to home buying is, how much can you afford? The majority of home buyers finance their purchase, most often by taking out a mortgage loan. Prequalification and preapproval are essential parts of the mortgage—and home buying—process. Prequalification vs. Preapproval Prequalification is a less rigorous check by mortgage lenders…