Ep 61: Back to the Basics – The Homebuyer Dictionary
Written by kslmadmin on June 4, 2020
If you are new to the homebuying process or just a need a refresher, this episode runs through all of the steps to buying a home and explains all the key terms you’ll need to know.
Read more and get additional resources here: https://keepingitrealestatepodcast.com/uncategorized/ep-61-back-to-the-basics-the-homebuyer-dictionary/391/
See our listings here: https://www.bensonbrokergroup.com/
Today’s show schedule:
1:24 – What’s new in the real estate market in the area?
4:44 – A lot of people asking about mortgage relief, forbearance, the CARES Act.
7:11 – We’re going back to the basics on today’s show.
7:34 – Prequalification and pre-approval
9:42 – The different types of loans and mortgages.
11:59 – What is the MLS?
14:42 – Due diligence and earnest money.
17:55 – Making an offer.
19:18 – The process between the offer and closing.
22:00 – Closing costs
26:10 – Moving day
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