Ep 61: Back to the Basics – The Homebuyer Dictionary

If you are new to the homebuying process or just a need a refresher, this episode runs through all of the steps to buying a home and explains all the key terms you’ll need to know.

 

Read more and get additional resources here: https://keepingitrealestatepodcast.com/uncategorized/ep-61-back-to-the-basics-the-homebuyer-dictionary/391/ 

 

See our listings here: https://www.bensonbrokergroup.com/ 

 

Today's show schedule: 

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