On This Episode:
Buying a home will be one of the most rewarding experiences of your life, but it can be overwhelming to a first-time buyer.
We want to get back to the basics on this episode of Keeping it Real Estate so we’ll be walking you through every step of the process. From getting pre-approved for a loan to moving day, find out all about closing costs, due diligence, earnest money, and loans.
Plus, Colleen has an update on the real estate market in Oregon and what questions her team has been getting quite often since the pandemic.
Listen to the full episode or click on the timestamps below to hear a specific segment.
[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
“The best part of the job is handing keys to a happy, new homeowner.” – Keeping It Real Estate Podcast