Sentences with phrase «serious about buying the house»

The deposit money given to the seller or his agent by the potential buyer upon the signing of the agreement of sale to show that he is serious about buying the house.

The only cash you'll need is a deposit for earnest money to show the sellers you are earnest or serious about buying their house (this can be refunded later if all your closing costs are covered by seller / lender) and about $ 400 for the appraisal report.

When you find your dream home, you can present the seller with your pre-approved loan letter, showing them that not only are you serious about buying their house, but you've already been pre-approved for financing.

Earnest Money Deposit A deposit made by the potential home buyer to show that he or she is serious about buying the house.

Not exact matches

Valerie Plame Wilson, the famous CIA spy whose cover was blown by the White House shortly after the U.S. invasion of Iraq, isn't really serious about buying Twitter Inc (NYSE: TWTR).

You know, like things involving what house do I want to buy, what preschool am I going to send The Bug to, am I going to send King Stuff to daycare part time and, you know, get really serious about this whole blogging career.

An earnest money deposit basically says to the seller you are serious about buying his / her house and thus willing to put your money where your mouth is.

However, as things become more serious, and you start thinking about settling down, getting married, kids, and buying a house, that debt from your «wild and free» days can quickly come back to haunt you.

The sales contract will specifically state when you need to cough up the earnest money deposit, which is cash you provide upfront to show the seller that you're serious about buying the property (the typical amount is 3 % to 5 % of the sales price of the house).

However, if someone is serious about wanting to buy a house, they will need to get pre-approved for a loan.

But when the two decided to buy a house together in Waterloo, Ont., Stevenson realized it was time to get serious about protecting her investment — and her partner.

I would be concerned about buying an expensive house at a low mortgage rate and then having prices fall and rates rise, because you will owe the bank more than the value of the house: a serious problem if you lose your job.

You're looking to get a mortgage «pre-approval,» which serves two main purposes: One, it will show the sellers that you are serious about buying a home, which is particularly crucial in a hot housing market, says Chantay Bridges with TruLine Realty in Los Angeles.

We would highly recommend if you are serious about buying or selling a house!

Although there are reasons to visit those open houses, most real estate professionals agree that if you're serious about buying a home, a private showing is the way to go.

You can glean a lot of info from an open house, but if you're serious about buying a home, private showings just might have the edge.

Once you're serious about buying, deciding how much to offer on a house becomes one of the most pressing concerns.

The presentation captivates buyers who are serious about the house and impresses those who might not buy that particular home but are in need of an agent.

The earnest money is given by the buyer as evidence that the buyer is serious about buying the real estate; earnest money allows the seller to remove that property from the open marketplace (and from the possibility of other buyers making offers — although some contracts allow for back - up offers) because the buyer is serious about purchasing the house.

If you are serious these days about buying a house or even just looking at a home, there is one thing you'd better get — a mortgage preapproval.

Once they had convinced the estate agent that they were serious about buying it, had an offer accepted, and the place was theirs, they had two weeks» grace before they had to move house in September.