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Keep on top with latest and exclusive updates from our blog on the Glendale real estate world. SEED Realties, Inc posts about tips and trends for buyers, sellers, and investors every week. Whether it be about staging your property or a snapshot of the market, this is your one stop shop.
The buyer may renegotiate, increase the down payment, challenge the appraisal, or cancel if allowed by contract.
Read moreAn appraisal is a professional opinion of value used by lenders to ensure the property supports the loan amount.
Read moreYes. Buyers may request repairs, credits, or price reductions based on inspection findings.
Read moreA home inspection evaluates the property’s condition, identifying potential issues with structure, systems, and safety.
Read moreCommon contingencies include inspection, appraisal, financing, and title review, allowing buyers to cancel under specific conditions.
Read moreEarnest money is a buyer’s deposit showing serious intent, typically applied toward closing costs or down payment.
Read moreClosing costs are fees paid at settlement, including lender fees, title insurance, escrow, taxes, and prepaid expenses.
Read moreDown payments vary by loan type, ranging from 0% to 20% or more, depending on credit, income, and program eligibility.
Read morePre-approval shows sellers you are financially qualified and helps you understand your budget before shopping.
Read moreThe process includes pre-approval, home search, making an offer, inspections, appraisal, loan approval, and closing.
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