Typically you’ll need an earnest money deposit, down payment, closing costs, and prepaid items (insurance/taxes). The exact amount depends on your loan type and price point.
Get pre-approved (not just pre-qualified). A pre-approval shows your true buying power and makes your offer stronger.
Pre-qualification is a quick estimate. Pre-approval involves document review and lender underwriting steps, so it’s much more reliable.
Most purchases close in about 30–45 days, depending on financing, appraisal, title, and inspection timelines.
Yes—if your debt-to-income ratio and reserves qualify. This is common for buyers who want to rent out their current property.
A general inspection is standard. Depending on the home, consider roof, HVAC, plumbing, electrical, termite, and (in condos) reviewing building financials and documents.
Options include renegotiating price, increasing your down payment, disputing the appraisal, or switching loan programs—depending on your contract and lender.
Closing costs include lender fees, title fees, escrow, recording, and prepaid items. Buyers often pay most of their own costs.
Sometimes. It depends on how long you plan to keep the home and your cash available at closing.
Only if you’re within a contract contingency (inspection, financing, appraisal, etc.) or per your contract terms — otherwise you may risk losing your deposit.