If you’re like most people buying a Main Line home for sale, you’ll end up at the closing table sooner or later – but what happens on the day of closing? Here’s what you need to know. What Happens on the Day of Closing? On the day of closing (commonly called closing day), you’ll meet […]
How long does it take to close on a house? There’s really no one-size-fits-all answer to that question, because it can vary from house to house and from lender to lender. The average, though, is about 50 days. If you’re buying a Main Line home for sale, this is what you need to know about
If you’re buying a Main Line home for sale, you’ll most likely have to pay closing costs – but what are some examples of closing costs, and how much will you have to pay? What Are Some Examples of Closing Costs? Closing costs can include all the fees associated with buying or selling a home.
When you’re buying a Main Line home for sale, your lender will require you to pay for an appraisal – but what does an appraiser look at, and how does it affect your purchase? What Does an Appraiser Look For? An appraiser, hired by the bank on your behalf, looks at the size of the
When you’re buying a home for sale in Bryn Mawr, Lower Merion, Tredyffrin or Easttown – or any other Main Line real estate, for that matter – you know that some of the things in the home are considered fixtures and some will leave with the seller before you close. But what are fixtures in
What Are Fixtures in a Real Estate Transaction? Read More »
If you’re buying a home for sale in Radnor, Bala Cynwyd, Paoli, Devon or any other Main Line real estate, you’ll probably have to take out a mortgage loan to buy it. Most people do. But if you’ve never had a mortgage before, there are a few things you need to know. Even if you
If you’re like most people, you’ve heard of VA loans – but what are they, and could you use one to buy a home for sale in Wayne, Bala Cynwyd or Gladwyne? What is a VA Loan? A VA loan is a loan that’s backed by the Department of Veterans Affairs. The VA doesn’t actually
