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The first thing you should do is reach out for recommendations on lenders that will provide a quick, free pre approval.
You should consider your financial stability, your current and future lifestyle needs, and your long-term goals. If you can afford the down payment and monthly mortgage payments, and you plan to stay in the home for at least five years, you may be ready to buy.
You should declutter and deep clean your home, make any necessary repairs, and stage your home to showcase its best features. A real estate agent can also provide you with additional tips and advice.
A home appraisal is an unbiased estimate of your home's value conducted by a licensed appraiser. It's required by most lenders to determine the fair market value of the property and ensure they're not lending more money than the property is worth.
A home inspection is a non-invasive examination of the condition of a home, including its systems and components, conducted by a licensed inspector. It's recommended for buyers to identify any potential issues and ensure they're making an informed purchase decision.
The amount you should offer on a home depends on factors such as the home's market value, condition, location, and the seller's asking price. A real estate agent can provide you with comparable sales data and help you make an informed offer.
The time it takes to sell a home varies depending on factors such as market conditions, location, price, and the condition of the home. On average, it can take anywhere from a few weeks to several months to sell a home. I aim to close as quickly as possible but most deals end up taking around 45-90 days.
Licensed Realtor® in Rhode Island and Massachusetts.
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