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
Colleen Quotes:
“The best part of the job is handing keys to a happy, new homeowner.” – Keeping It Real Estate Podcast
Ep 81: Reacting to Recent Real Estate Headlines
Today we get updated on some of the top national real estate headlines early in 2021 and get Colleen’s reaction to how each of these topics applies to Oregon and the West Coast.
Ep 80: How to Increase Your Home’s Value
Before you sell your home, does it make financial sense to make a few upgrades? Let’s explore some of easier projects that you can take on and find out if they will provide a re-turn on your investment or...
Ep 79: The Value of a Realtor
When it comes time to buy or sell a home, you’ll probably ask yourself whether it’s worth working with a real estate agent or try to do the work on your own. Let’s talk about much value a great...
Ep 78: Real Estate Realities of 2021
Real estate enjoyed a strong year in 2020 and many are asking us if these trends will continue this year. Today we’ll look at the one national opinion on the realities of 2021 and tell you whether we think...
Ep 77: Smart Home Technology Upgrades + Other Mailbag Questions
Technology continues to move fast in the home improvement sector and many people are considering upgrades to their home. Is it worth the time and money to add smart home technology? We’ll answer that question and discuss long market...