Home buying process

Featured resources

A man signing a home document with a broker, depicting a real estate transaction.

7-minute read

House title: What you need to know

A house title represents the legal documentation that grants property owners their ownership rights. Learn more about how house titles work.

A spacious house with a sizable yard, perfect for outdoor activities and ample space for a large family.

5-minute read

How much above asking price should I offer?

In a competitive housing market, you may ask, “How much above asking price should I offer?” Read on to learn tips for preparing to offer over asking price.

A young couple with an agent in a living room, potentially discussing a property.

8-minute read

How long does it take to sell a house, on average?

The amount of time it takes to sell a house can vary depending on a number of different factors. Learn more about the home selling process and its timing here.

A couple discussing underwriting with a lawyer, possibly related to a mortgage process.

7-minute read

How long does underwriting take?

How long is the underwriting process? The process typically takes about 30 – 45 days on average. Learn more about the underwriting timeline.

An older couple enjoying lunch together, potentially depicting retirement or leisure time at home.

6-minute read

How to qualify for a mortgage after retirement

Looking to purchase a home after retirement? Here’s how to successfully organize your income and assets to get approved.

Home inspector on a roof performing an inspection.

5-minute read

A guide to home inspection costs in 2023

Home inspections typically cost $300 – $500, but the final cost depends on factors like the size of the home. Learn more about budgeting for a home inspection.

Woman looking out a window holding curtains.

8-minute read

House hunting tips on how to find a house to buy

From getting a mortgage approval to viewing houses in person, the house shopping process involves several major steps. Get familiar with them all here.

Probably a women calculating her taxes or finances.

15-minute read

Closing costs: What are they, and how much will you pay?

For a home buyer, closing costs are typically 3% – 6% of the loan amount. Learn more about how to calculate your closing costs and what’s included in them.

A close-up of a stylish fixture of a kitchen or home decor element, showcasing its design and details, possibly used to enhance interior aesthetics.

6-minute read

What is fixture in real estate, and how is it determined?

Knowing what is and isn't a fixture in real estate can help you avoid disputes during a sale. Learn how a fixture is determined and about common gray areas.

A couple looking at a laptop together, possibly discussing or working on something collaboratively.

5-minute read

The implications of 'active under contract' in real estate

Active under contract means an offer has been accepted but certain conditions must be met. Learn how a status of “active under contract” works in real estate.

A couple having a discussion, potentially about new home prospects.

4-minute read

What is an escalation clause and when is the time to use one?

An escalation clause states a buyer is willing to raise their offer if a seller receives a higher offer. Read our guide on escalation clauses.

Home inspector standing in front of a window, possibly inspecting a property with a clipboard in hand.

5-minute read

What does a home inspector do?

A home inspector’s job is to see if a home’s systems and structure are safe and working properly. Read about what a home inspector does and what they look for.

A real estate agent showing women a property possibly for the purpose of sale or rent.

4-minute read

How long does an appraisal take? The home appraisal timeline

Home appraisals can take anywhere from a few days to a week depending on timing, scheduling and a home's complexity. Learn how long an appraisal takes and why.

A modern ranch-style home, potentially depicting a contemporary residential property.

6-minute read

Lease option: Definition and how it works

A lease option gives renters the opportunity to buy their rental property at the end of their lease term. Read on to learn more about how lease options work.

A woman about to sign some documents with a pen.

5-minute read

Real estate purchase and sale agreement: Everything you need to know

A purchase and sale agreement (PSA) helps ensure a buyer and a seller are on the same page before closing. See what information a PSA might contain.

Elegant white house with contrasting black and white trim.

5-minute read

How to claim the property tax deduction: A helpful guide

If you’re a homeowner, you can claim the property tax deduction up to $10,000 ($5,000 for married filing separately). Read this complete guide before you file.

A bustling city street lined with houses and trees, capturing the essence of urban living.

3-minute read

Utility easements, explained

A utility easement is what allows public utilities like sewage, electricity, water and more to exist. Learn about how utility easements can impact homeowners.

A family sitting on the porch with their pet having enjoyable moment.

7-minute read

What is cash to close?

In order to close on your house, you will need to bring cash to close the mortgage deal. Learn what expenses are included in your cash-to-close amount and more.