Uncategorized January 23, 2021

Common Terms for Buyers – Watch and Learn!

Common Terms for Buyers

Buyers and sellers can often feel lost when it comes to the flow of a transaction and can benefit from a primer so we are providing you with a short video tutorial with common terms for buyers. The closing process can take 30 – 60 days from the date of contract acceptance. Let a Warren Real Estate professional help you understand the importance of each step. Their knowledge better prepares buyers and sellers to expect the unexpected. Before embarking on your next real estate contract, reviewing the process can help make real estate very easy.
Purchasing a home is a smart investment. However, if you’re purchasing a home for the first time, there is some terminology you need to be aware of regarding your future home mortgage. Knowing the terminology involved in your mortgage will help you stay on top of the mortgage process and allow the entire process to run smoothly. Familiarize yourself with these terms and keep yourself out of the dark.
Learn more about Adjustable Mortgage Rates, PMI, Title Insurance, Rates, Escrow, Percentage Rates, Appraisals, Closing Costs from a Warren Real Estate Professional. Visit warrenhomes.com to  view Market Reports for Ithaca, Binghamton, Vestal, Corning, Horseheads, and Watkins Glen.   There is a buyer checklist, buying estimates, and the real estate process. As well as many other great resources.  Looking for an agent? You will find over 150 professional real estate agents at Warren Real Estate.
For more about common terms for buyers go to https://www.warrenhomes.com/buying-tips 
Also check out the 7 reasons to own a home from the National Association of REALTORS