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- Can I Buy a House with a 600 Credit Score?
Having a high credit score has plenty of perks. Higher credit limits and lower interest rates for loans and credit cards are among the many reasons people try to improve their credit. But what if your score is on the lower end of the spectrum? A 600 credit score is less than ideal, but will… Read More »Can I Buy a House with a 600 Credit Score? - What Is the Difference Between a Co-op and a Condo?
Key takeaways A condo means you own a specific unit and a share of common areas. A co-op means you own shares in a corporation that owns the building, granting you a lease for your unit. Financing for co-ops can be more complex due to the share-based ownership. Condos generally offer more freedom in terms… Read More »What Is the Difference Between a Co-op and a Condo? - Buying a Mobile Home: Costs, Financing, and What to Expect
Key takeaways: Buying a mobile home is an affordable path to homeownership for many. Most mobile homes don’t qualify for traditional mortgages, but other financing options like chattel loans or personal loans are available. Carefully consider the pros, cons, and additional costs before deciding whether a mobile home is right for you. Buying a mobile… Read More »Buying a Mobile Home: Costs, Financing, and What to Expect - What Is a Rental Agent and How Do They Work?
Key takeaways A rental agent helps renters find properties and landlords find tenants. They offer expertise in local market trends, saving you time and stress. Services typically include property searches, showings, application assistance, and negotiation. Renters often don’t pay the agent directly; landlords usually cover the fee. A rental agent, who is a real estate… Read More »What Is a Rental Agent and How Do They Work? - Selling a House With Water in the Crawl Space: 6 Steps to Success
It doesn’t matter if you live in a five bedroom house in Bozeman, MT, or a tiny home in Chattanooga, TN, there are parts of your home you rarely see. The crawl space is one of them – and it’s often where trouble starts. If you’ve discovered water there while preparing to sell, the question… Read More »Selling a House With Water in the Crawl Space: 6 Steps to Success - How Much Does It Cost to Sell a House? What Sellers Can Expect to Pay
The idea of selling your home and cashing in on your equity is exciting, but before you start planning how to spend your profits, it’s important to factor in the costs. While each sale is different, the average cost of selling a house is between 10% to 15% of the sale price. From agent commissions… Read More »How Much Does It Cost to Sell a House? What Sellers Can Expect to Pay - How to Negotiate After the Home Inspection: What Buyers Can Ask For
Home repairs are inevitable as a homeowner, but when you’re buying a home, it’s important to know what kind of condition it’s in—and whether any issues could end up costing more than you expected. As a buyer, you have a few options for negotiating after the home inspection: asking the seller to make repairs, reducing… Read More »How to Negotiate After the Home Inspection: What Buyers Can Ask For - Can You Get a Loan for a Down Payment?
Saving enough money for a down payment on a house can feel like a long journey. This often leads prospective homebuyers to consider a “down payment loan.” But is it really a good option to get a loan for a down payment? While securing a down payment loan isn’t impossible, it’s generally not the most… Read More »Can You Get a Loan for a Down Payment? - What is House Hacking in Real Estate? A Beginner’s Guide for Pursuing Real Estate Investing
Key takeaways: House hacking is a real estate investment strategy where you live in one part of a property while renting out the remaining space. House hacking can either be done with a multi-unit dwelling or in a single-family home. When searching for a house to hack, it’s important to review zoning laws and HOA… Read More »What is House Hacking in Real Estate? A Beginner’s Guide for Pursuing Real Estate Investing - What Not to Do Before Buying a House: 16 Mistakes to Avoid
Key takeaways: Preparation is everything: Strong financial health sets the foundation for a successful purchase. Know your priorities: Keep your must-haves clear, and don’t let emotions or cosmetic details stray you from what matters. Lean on trusted experts: A great real estate agent, lender, and the right loan choice are key. When it comes to… Read More »What Not to Do Before Buying a House: 16 Mistakes to Avoid - 21 Essential Tips for First-Time Homebuyers
Buying your first home can be a dream come true, but it can also be complicated. Between finding the right mortgage and deciding what you want in a home, there’s a lot to consider. Thankfully, with the right guidance, the process can become manageable and even enjoyable. If you’re new to the homebuying journey, you’re… Read More »21 Essential Tips for First-Time Homebuyers - Does Mortgage Pre-Approval Affect Your Credit Score? Here’s What to Expect
Key Takeaways: Mortgage pre-approval involves a hard credit inquiry, which may lower your score slightly. The impact is usually small (less than five points) and temporary. Multiple pre-approvals within a 14-45 day window count as one inquiry for scoring purposes. Being strategic with timing helps you compare rates without hurting your credit. When you’re preparing… Read More »Does Mortgage Pre-Approval Affect Your Credit Score? Here’s What to Expect - Primary Residence: What It Means and Why It Matters
Key takeaways: A primary residence is the home you live in most of the year and use for legal and financial documents. It affects your mortgage rates, insurance, taxes, and eligibility for homeowner benefits. Most homeowners won’t need to think about classification. It’s mainly important if you own multiple properties or plan to sell for… Read More »Primary Residence: What It Means and Why It Matters - What is a Master-Planned Community? Things to Know Before Joining One
After weeks and weeks of searching for the perfect home in Seattle, WA, you’ve found yourself looking up at the Holy Grail of houses. It checks all the boxes – plenty of storage, a backyard, walking distance to shops – but your Redfin Real Estate agent tells you that it’s located in a master-planned community. … Read More »What is a Master-Planned Community? Things to Know Before Joining One - 6 Types of First-Time Homebuyer Loans: Everything New Buyers Should Know
Which loan is right for you? Conventional loans: You have a credit score of 620+, stable income, and can put at least 3% down. FHA loans: You have a credit score of 580+ (or 500+ with 10% down) and a higher DTI ratio. VA loans: You’re an eligible veteran, active-duty service member, or surviving spouse.… Read More »6 Types of First-Time Homebuyer Loans: Everything New Buyers Should Know - What Does Active Offer No Bump Mean in Real Estate?
Scrolling through home listings, you might come across some that are tagged as “Active offer no bump.” If you’re caught wondering, “What does active offer no bump mean? Can I still make an offer on this home?” The short answer is, yes. However, there are some serious considerations to take into account before you do.… Read More »What Does Active Offer No Bump Mean in Real Estate? - First-Time Homebuyer Qualifications: A Beginner’s Guide
Key takeaways: First-time homebuyer: Anyone who hasn’t owned a primary residence in the past three years Common first-time homebuyer qualifications: Credit score, debt-to-income ratio, down payment, income limits, employment history, purchase limits, homebuyer education Buying your first home? It’s an exciting time, but before you start dreaming about moving in, it’s important to understand first-time… Read More »First-Time Homebuyer Qualifications: A Beginner’s Guide - Making a Cash Offer on a House? Here’s What You Need To Know
Key takeaways: A cash offer on a house means the buyer pays the full purchase price upfront without relying on mortgage financing. Buyers making cash offers gain a competitive edge and can often negotiate better terms or pricing. Even without liquid funds, buyers can explore bridge loans, private lenders, or creative financing to structure a… Read More »Making a Cash Offer on a House? Here’s What You Need To Know - 9 Smart Tips for Making an Offer on a House That Stands Out
Making an offer on your dream house can be very exciting and simultaneously quite nerve-wrecking. In today’s competitive housing market, it’s not just about the price — it’s about presenting yourself as the most appealing buyer. Whether you’re a first-time buyer looking for a home in Birmingham, AL or a seasoned investor on the hunt… Read More »9 Smart Tips for Making an Offer on a House That Stands Out - Can You Sell a House With a Lien on It? Here’s What You Should Know
Selling a home is already a major undertaking, but when there’s a lien on the property, the process can get more complicated. A lien is essentially a legal claim against your property due to unpaid debts, taxes, or judgments. If you’re asking, “Can you sell a house with a lien on it?” the short answer… Read More »Can You Sell a House With a Lien on It? Here’s What You Should Know - Exclusive Right to Sell: Why It Benefits Sellers
When selling a home, one of the most important decisions you’ll make is choosing the right listing agreement with your real estate agent. The exclusive right to sell is the most common and widely used agreement, and for good reason. In this Redfin Real Estate article, we’ll explain what an exclusive right to sell agreement… Read More »Exclusive Right to Sell: Why It Benefits Sellers - Costs of Owning a Home: What You Need to Know Before Buying
Key takeaways Your mortgage isn’t the only cost— taxes, insurance, and maintenance can add up. Be prepared for ongoing expenses like property taxes and homeowners insurance. Set aside money each year for repairs and maintenance. Don’t forget about utilities, HOA fees, and upfront costs like closing fees. Budgeting for these expenses now can save you… Read More »Costs of Owning a Home: What You Need to Know Before Buying - Does Landscaping Increase Home Value? Here’s What You Should Know
If you’re thinking about selling your home or just want to boost its curb appeal, you’re probably wondering: Does landscaping increase home value? The short answer is yes, it can. In fact, the American Society of Landscape Architects (ASLA) estimates that investing in landscaping can boost a home’s value by as much as 15% to… Read More »Does Landscaping Increase Home Value? Here’s What You Should Know - Is Down Payment Included in Closing Costs?
A lot of people will ask “Is down payment included in closing costs?” when they’re buying a home. And the simple answer is no, they’re not the same. It’s easy to get them confused because they’re both big upfront costs you pay when you’re in the homebuying process. Think of it this way: Your down… Read More »Is Down Payment Included in Closing Costs? - How to Budget for Home Maintenance
As a homebuyer, home maintenance is key to keeping your property in good condition for years to come—but without a solid plan, those costs can add up quickly. The most effective way to budget for home maintenance is to set aside about 1% to 4% of your home’s value each year (or break it down… Read More »How to Budget for Home Maintenance - Buying a House with an LLC: Pros and Cons – and What’s Best For You
Key takeaways: Buying a house with an LLC is generally recommended only for experienced real estate investors, not the average homebuyer. While you can buy a house under an LLC, the pros and cons to doing so are complex and should be considered carefully. This buying method is most useful for landlords, people who own… Read More »Buying a House with an LLC: Pros and Cons – and What’s Best For You - Moving Out of Your Apartment? Here’s How to Write a Notice to Vacate Letter
All things must come to an end, and rental agreements are no exception. Whether you’re moving across the country, buying your first home, or simply looking for more space, you’ll need to follow a few steps before your lease ends. And sending your landlord a notice to vacate letter is one of those steps. Outlined… Read More »Moving Out of Your Apartment? Here’s How to Write a Notice to Vacate Letter - 10 Question to Ask at an Open House
An open house can tell you a lot about a home—but only if you know what to look for. To get the full picture, it’s important to ask questions beyond what you can see on the surface. While the home might appear move-in ready, asking thoughtful questions can help reveal the condition of the property,… Read More »10 Question to Ask at an Open House - Yes, You Can Sell a House As-Is Without an Inspection – But Know This Before You List
You can sell a house as-is without an inspection, and a lot of sellers do when they’re hoping for a quicker sale. But selling as-is isn’t always as simple as it sounds. While encouraging buyers to waive an inspection contingency can save time and money upfront, it could come with some trade-offs: like fewer offers… Read More »Yes, You Can Sell a House As-Is Without an Inspection – But Know This Before You List - Does a New Roof Increase Home Value? Here’s What You Need to Know in 2025
Let’s get right to it: Does a new roof increase home value? The short answer is yes, a new roof can increase your home’s value—both in terms of market price and buyer appeal. Many buyers are hesitant to take on the cost and hassle of a roof replacement, so having a new one already in… Read More »Does a New Roof Increase Home Value? Here’s What You Need to Know in 2025 - Redfin’s Home Inspection Checklist For Buyers
If you’re buying a home, the last thing you want is expensive surprises. A licensed home inspector will help you know if the home you’re buying is in good condition—and if not, you won’t be left in the dark. With an average cost between $300-$500, this is one step in the homebuying process you don’t… Read More »Redfin’s Home Inspection Checklist For Buyers - How to Buy an Abandoned House
Key takeaways: Abandoned houses are properties whose owners have relinquished possession. Finding them involves checking public records, driving through neighborhoods, and working with real estate professionals. This real estate avenue is best suited for those prepared for a substantial commitment. Buying an abandoned house can seem like a daunting task, but for the right buyer,… Read More »How to Buy an Abandoned House - How Much House Can You Afford with $200k Salary: Interest Rates, Down Payments, Loans and More
Whether you are looking at moving into another home or purchasing your first home, a $200k salary opens up your options for what you could afford. Before signing touring homes or signing any papers, it’s important to know what to expect whether you’re looking for homes to purchase in Portland, OR or in Charleston, SC.… Read More »How Much House Can You Afford with $200k Salary: Interest Rates, Down Payments, Loans and More - Vacant Home Staging 101: What Every Seller Should Know
If you’re selling an empty house, vacant home staging is key to attract buyers and close quickly. A well-staged vacant home helps buyers connect emotionally, visualize the space, and ultimately make stronger offers. Without it, even the most beautiful listing can feel cold, confusing, or forgettable. Whether you’re selling your home in South Fulton, GA… Read More »Vacant Home Staging 101: What Every Seller Should Know - Does a Fence Add Value to a Home? Here’s What the Data Says
Key takeaways: Installing a fence doesn’t guarantee a high return on investment (ROI); the added value depends on factors like location, materials, quality, and neighborhood norms. Fence installation costs vary widely but average around $3,200 in the U.S., with prices influenced heavily by material choice and fence type. Consulting a professional is a smart first… Read More »Does a Fence Add Value to a Home? Here’s What the Data Says - Should I Sell or Rent My House? Here’s How to Decide
If you’re moving to a new city, upgrading to a bigger home, or navigating a life change, you may be wondering what to do with your current house. Should you sell it and use the proceeds for your next place, or rent it out and turn it into a long-term investment? In this Redfin article,… Read More »Should I Sell or Rent My House? Here’s How to Decide - If You Make $90,000 a Year, Here’s How Much House You Can Afford: All You Need To Know
If you’re finally ready to look into purchasing property but don’t know how much house you can afford, you’ve come to the right article. No more landlords, rent increases, and noisy upstairs neighbors in your apartment in Portland, OR: just you and your future home. But first, you need to first figure out how much… Read More »If You Make $90,000 a Year, Here’s How Much House You Can Afford: All You Need To Know - How Much House Can You Afford with $50k Salary: Interest Rates, Down Payments, Loans and More
When living in a larger metro like Seattle, WA, a $50k salary won’t help you get very far when it comes to owning property, but that doesn’t mean you can’t own property in more affordable areas of the country. It’s understandable to want to get away from the fear of rent increases in your apartment… Read More »How Much House Can You Afford with $50k Salary: Interest Rates, Down Payments, Loans and More - Home Inspection Contingency 101: A Guide for Buyers
Maybe you finally found your dream new-construction build in Phoenix, AZ, or the next place to call home in Middletown, CT. Either way, you’re going to want to make sure it’s perfect before moving in. That’s where a home inspection contingency comes into play. Whether you’re a first-time homebuyer or have quite the portfolio, in… Read More »Home Inspection Contingency 101: A Guide for Buyers - What is a 4-Point Inspection? When and Why You Might Need One
Whether you’re buying a home or already own, certain inspections aren’t just helpful — they might be required. A 4-point inspection is one of those necessary check-ins if you’re applying for homeowners insurance or renewing your policy. But what is a 4-point inspection? Unlike a standard home inspection, a 4-point inspection zeroes in on four… Read More »What is a 4-Point Inspection? When and Why You Might Need One - Essential House Hunting Tips for Buyers
House hunting tips can help buyers navigate one of the most important and complex purchases of their lives. This Redfin Real Estate article outlines practical steps every buyer should follow, from budgeting and touring homes to inspections and closing. Whether you’re looking at homes for sale in San Francisco, or touring houses in Portland, knowing… Read More »Essential House Hunting Tips for Buyers - What is a Short Sale in Real Estate? A Guide for Buyers and Sellers
A common real estate term you’ve probably seen, whether you’re buying or selling a home, is a “short sale.” A short sale home can be a good way to stretch your budget if you’re a buyer or let go of a home you can no longer afford if you’re a seller. In this Redfin article,… Read More »What is a Short Sale in Real Estate? A Guide for Buyers and Sellers - Should You Offer a Home Warranty When Selling Your House?
Selling your home involves a lot of decisions, and one of them may be whether to include a home warranty as part of the deal. While not required, this added layer of protection can ease buyer concerns, help your listing stand out, and even make the closing process smoother. But before you commit, it’s worth… Read More »Should You Offer a Home Warranty When Selling Your House? - The Most Expensive Home Sales of 2025 – So Far
A $133 million Florida compound is the highest-priced sale so far this year Coastal Florida takes the cake for the most expensive home sale of 2025 so far, with a beachfront compound in Naples going for $133 million. It’s followed by a Los Angeles estate, which fetched $110 million. All of the most expensive sales… Read More »The Most Expensive Home Sales of 2025 – So Far - If I Sign a Contract with a Real Estate Agent, Can I Get Out of It?
Signing a contract with a real estate agent is an important step when it comes to buying or selling a home. It formalizes your working relationship, outlines expectations, and gives them the right to represent you. But what happens if you’re not satisfied with your agent? Can you back out of a contract with a… Read More »If I Sign a Contract with a Real Estate Agent, Can I Get Out of It? - What Is the Income Needed for a $500k House?
Buying a $500,000 home is a major milestone, but figuring out if you can afford it? That’s where things can get tricky. The income needed for a $500k mortgage can vary quite a bit depending on your financial picture. Whether you’re looking at homes in Austin, TX or single-family homes in Raleigh, NC, there are… Read More »What Is the Income Needed for a $500k House? - Buying a House as an Unmarried Couple: 8 Steps to Plan and Protect Your Investment
With today’s rising cost of living, more couples are choosing to buy a home together before getting married because it makes financial sense. In fact, unmarried couples are the group most likely to struggle with housing costs—76% of those who live together report having trouble making payments. But buying a home as an unmarried couple… Read More »Buying a House as an Unmarried Couple: 8 Steps to Plan and Protect Your Investment - What Is a Home Equity Agreement (HEA)? A Debt-Free Way to Access Your Home’s Value
A home equity agreement (HEA) is an alternative way to access the equity in your home without taking out a loan or adding monthly payments. Instead of borrowing from a bank, you receive a lump-sum cash payment from an investor in exchange for a share in your home’s future value. You repay the investor when… Read More »What Is a Home Equity Agreement (HEA)? A Debt-Free Way to Access Your Home’s Value - Is My House in a Flood Zone? How to Find Out – and What to Do Next
Flooding is one of the most common – and most expensive – natural disasters in the US. As climate change leads to rising sea levels and extreme weather events, the number of flood-prone areas in the country is expected to grow by half within this century. With more homes at risk of flooding, knowing if… Read More »Is My House in a Flood Zone? How to Find Out – and What to Do Next - Best and Final Offer (BAFO): What It Means For Buyers and Sellers
Key Takeaways: A best and final offer (BAFO) is a buyer’s last chance to make the strongest bid before the seller decides. Sellers usually ask for BAFOs when multiple buyers are interested and want to simplify negotiations. Buyers should know their budget, stay flexible where they can, and avoid overextending themselves. BAFOs aren’t just for… Read More »Best and Final Offer (BAFO): What It Means For Buyers and Sellers - Spec House 101: What to Know Before Buying
Looking for a new construction home? A spec house might just be the one for you. Buying a home can be one of the biggest decisions you’ll make, so we’re explaining all there is to know about a spec home to help your search. So, whether you’re buying your very first home in Atlanta, GA… Read More »Spec House 101: What to Know Before Buying - How Much Does a Home Warranty Cost? A Guide on Average Prices, Coverage, and Tips
Unexpected repairs to appliances and home systems can put a serious dent in your budget, which is why many homeowners consider a home warranty to help protect their finances. But how much coverage? On average, a home warranty plan costs $62.33 a month and will help to cover the repair or replacement of major appliances… Read More »How Much Does a Home Warranty Cost? A Guide on Average Prices, Coverage, and Tips - 12 Must-Read Real Estate Tips to Help Sell Your Home in 2025
Now that the time has come to sell your home, there are important steps to take before you accept the right offer. From staging your home to making repairs, there are lots of tips and tricks that can help make the process that much easier. In this Redfin article, we’ll highlight 12 real estate tips… Read More »12 Must-Read Real Estate Tips to Help Sell Your Home in 2025 - Can a Seller Accept Another Offer While Under Contract?
Key takeaway: Once a home is under contract, the seller is legally bound to the agreement and cannot accept another offer – unless specific clauses or contingencies allow it. When a house goes “under contract,” most buyers assume the deal is sealed – but can a seller accept another offer while under contract? Generally, no.… Read More »Can a Seller Accept Another Offer While Under Contract? - What is the Income Needed for a $300k House?
If a $300,000 home feels like your target price, you’re likely asking: what’s the income needed for a $300k mortgage? Well that depends not just on your salary, but factors like your down payment, DTI, credit score, and even your location. Whether you’re shopping for a home in Charlotte, NC or a townhouse in Minneapolis,… Read More »What is the Income Needed for a $300k House? - The 4 C’s of Credit: What Mortgage Lenders Look For Before Approving You
Before you can buy a home, you’ll likely need to qualify for a mortgage, and that means understanding the 4 C’s of credit: credit, capacity, capital, and collateral. Also known as the 4 C’s of lending, these are the key criteria mortgage lenders use to evaluate your loan application. Whether you’re preparing to move out… Read More »The 4 C’s of Credit: What Mortgage Lenders Look For Before Approving You - 9 Undeniable Benefits of Home Staging When Selling Your House
When you’re selling your home, presentation matters, and the benefits of home staging are hard to ignore. Simply put, staging can help homes sell faster and often for more money. It creates a polished, inviting atmosphere that helps buyers instantly connect with the space. Whether you’re selling your home in Roswell, GA or staging your… Read More »9 Undeniable Benefits of Home Staging When Selling Your House - 8 Questions to Ask Before Buying a House With Solar Panels
Key takeaways Buying a house with solar panels can offer long-term savings and added property value when properly evaluated. Always confirm whether the solar panels are owned or leased before making an offer. Review system documentation, including installation date, warranty details, and utility savings. Understand how solar agreements may affect financing and insurance requirements. Ask… Read More »8 Questions to Ask Before Buying a House With Solar Panels - What is the Income Needed for a $250k House?
If you’re eyeing homes in the $250,000 range, you’re likely asking: How much do I need to make to afford it? The income needed for a $250k mortgage depends on several financial factors, including your debt-to-income ratio, credit health, and property taxes in your area. Whether you’re buying in Louisville, KY or Akron, OH, this… Read More »What is the Income Needed for a $250k House? - Hidden Costs of Buying a Home: 10 Expenses You Can’t Escape
If you’ve recently asked yourself, “What do I need to buy a house in 2025?”—you’re in the right place. It’s not a secret that buying a house is expensive. But what may surprise you are the hidden costs when buying a home—expenses that go beyond the listing price and can sneak up on first-time and… Read More »Hidden Costs of Buying a Home: 10 Expenses You Can’t Escape - Can a Seller Keep the Earnest Money Deposit? Yes – Here’s When
Earnest money is a good-faith deposit buyers make when submitting an offer on a home. It’s designed to show the seller they’re serious about the purchase and typically ranges from 1% to 3% of the purchase price. The money is held in escrow and is typically applied towards the buyer’s closing costs or down payment.… Read More »Can a Seller Keep the Earnest Money Deposit? Yes – Here’s When - Here’s How Much House $1 Million Buys You Across the U.S.
The number of American houses worth $1 million is at an all-time high, as home prices continue to hit new records. While million-dollar homes are out of reach for the vast majority of Americans, they are no longer just being bought and sold by the ultra-wealthy. In San Francisco, the median-priced home sells for more… Read More »Here’s How Much House $1 Million Buys You Across the U.S. - Red Flags to Watch Out for When Buying a Condo
Key takeaways Review the condo association’s finances and documents closely to ensure stability. Inspect the building and individual unit thoroughly for any maintenance issues. Understand the HOA rules and fees to ensure they align with your lifestyle. Buying a condo can be an exciting step toward homeownership, offering convenience and amenities. However, just as you… Read More »Red Flags to Watch Out for When Buying a Condo - Is Earnest Money Refundable? When You Can (and Can’t) Get It Back
When you make an offer on a home, you’ll usually include earnest money – a deposit that shows the seller you’re a serious buyer. This good-faith payment, typically 1% to 3% of the purchase price, is held in escrow and applied to your down payment or closing costs if the sale goes through. That means… Read More »Is Earnest Money Refundable? When You Can (and Can’t) Get It Back - When It Makes Sense to Buy Down Your Mortgage Interest Rate
Paying upfront to lower your interest rate may help if you want lower payments or plan to stay in your home long-term. Buying a home is one of the biggest financial decisions you’ll make – and the interest rate you lock in can significantly affect your monthly payments and total cost over time. One way… Read More »When It Makes Sense to Buy Down Your Mortgage Interest Rate - How to Rent an Apartment in 2025: Follow These 10 Steps
Renting an apartment can feel overwhelming, especially for first-time renters. Whether you’re transitioning from an apartment in Austin, or moving into a new rental in Boston, this step-by-step guide will walk you through the entire rental process, from budgeting to moving in, so you can navigate your next move with confidence. Step & Timing What… Read More »How to Rent an Apartment in 2025: Follow These 10 Steps - Dreaming of Buying a Lake House? Everything to Know Before Diving In
Key Takeaways: Lakefront property can be a great investment both personally and financially. Insurance, maintenance, and property taxes can all add significant costs. It’s important to consider how the pros and cons will impact you personally and financially before making a decision. There’s something so peaceful about the idea of buying a lake house —… Read More »Dreaming of Buying a Lake House? Everything to Know Before Diving In - What Is a Joint Tenancy? Here’s What You Need to Know
Key takeaways: A joint tenancy is a legal arrangement between two or more individuals who own property together. A joint tenancy is only valid when the four unities are present: Unity of Title, Time, Interest, and Possession. Selling shares in a joint tenancy can sever the joint tenancy and convert it into a tenancy in… Read More »What Is a Joint Tenancy? Here’s What You Need to Know - How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide
Key takeaways Homes that are foreclosed are repossessed by lenders and sold through a real estate owned (REO) sale. Someone may want to buy a foreclosed home for reasons such as lower prices, investment potential, or less competition. Foreclosed homes are not always for everyone as they are often sold in “as-is” condition. Buying a… Read More »How to Buy a Foreclosed Home: The Ultimate Step-by-Step Guide - Can You Sell Your House After 2 Years? What Homeowners Need to Know
Yes, you can sell your house at the two-year mark and potentially qualify for key capital gains tax exclusions, but it’s not always recommended as market conditions and selling costs may outweigh the benefits. If you’re thinking about selling a house after two years, you’re not alone. Life changes quickly and many homeowners find themselves… Read More »Can You Sell Your House After 2 Years? What Homeowners Need to Know - How Fast Can You Get Pre-Approved for a Home Loan?
Getting pre-approved for a mortgage is one of the first steps in the homebuying journey. It gives you a clear picture of how much house you can afford and shows sellers you’re a serious buyer. But if you’re ready to start shopping for a home, you might be wondering: how long does it take to… Read More »How Fast Can You Get Pre-Approved for a Home Loan? - Should You Sell Your Home for Cash? What to Expect With an All-Cash Deal
There are plenty of reasons why you may be thinking about selling your home. If you’re looking to sell your house fast, you may want to consider selling your home for cash. In this Redfin article, we’ll outline the process for selling your house for cash. Whether you’re selling your home in Dallas, TX, or… Read More »Should You Sell Your Home for Cash? What to Expect With an All-Cash Deal - 32 Questions to Ask Potential Roommates Before Moving in Together
Finding the right roommate can make all the difference in your living experience. From friends and acquaintances to fellow college students, there are many people you could potentially share your home with, so it’s essential to ask the right questions. So whether you’re looking for a roommate to share your cozy apartment in Austin, TX… Read More »32 Questions to Ask Potential Roommates Before Moving in Together - New Construction vs. Existing Home: Which Is Better to Buy?
The decision between new construction and an existing home can be a difficult one for both first-time buyers and seasoned property owners alike. Whether you’re looking for your new-build dream home in Albuquerque, NM or a charming vacation house in Hilton Head Island, SC, this Redfin real estate article covers all the pros and cons… Read More »New Construction vs. Existing Home: Which Is Better to Buy? - How to Buy a House Out of State: A Step-by-Step Guide
Key Takeaways: Buying a house out of state is possible with the right planning and professional help. Research your new location and get pre-approved for a mortgage. Lean on your real estate agent for local expertise, virtual tours, and inspections. Remote closing makes the process smooth and stress-free. Buying a home is a huge milestone… Read More »How to Buy a House Out of State: A Step-by-Step Guide - Home Buying Process Timeline: 17 Steps Every Buyer Should Know
Buying a home takes about six months, give or take. It’s not just about scrolling through listings and picking your favorite. There are many steps involved, each with its own timeline. Between setting a budget, getting pre-approved, and closing the deal, getting everything squared away can make all the difference. Whether you’re purchasing your first… Read More »Home Buying Process Timeline: 17 Steps Every Buyer Should Know - How Many Times Do Lenders Check Your Credit Before Closing — and When Is the Last One?
One of the most common surprises for homebuyers is a last-minute credit check before closing. Yes, even after you’ve signed documents on that new house in Irvine, CA and scheduled movers for your home in Madison, WI, your credit could still be reviewed before you officially get the keys. So, when is the last credit… Read More »How Many Times Do Lenders Check Your Credit Before Closing — and When Is the Last One? - Central Texas Floods Assistance Guide: Finding Help, Shelters, and Relief Programs
Our thoughts are with everyone affected by the devastating Texas floods. Torrential rains overwhelmed communities across Kerr, Travis, Burnet, Kendall, Williamson, and Tom Green counties, claiming more than 80 lives, and dozens of people are still missing. We honor those lost and hold their loved ones in our hearts during this difficult time. If you’re… Read More »Central Texas Floods Assistance Guide: Finding Help, Shelters, and Relief Programs - How to Stage a House Inexpensively and Quickly: 17 Hacks for a Fast Sale for Less
Staging your home doesn’t have to be expensive. In fact, the simplest and most budget-friendly way to stage a house is to declutter, clean thoroughly, and make a few thoughtful updates using what you already have. In this Redfin article, we’ll show you exactly how to stage a house inexpensively—without hiring a professional or spending… Read More »How to Stage a House Inexpensively and Quickly: 17 Hacks for a Fast Sale for Less - What are Preforeclosure Homes? Plus, How to Buy One
Key takeaways: Preforeclosure is the period after missed mortgage payments but before formal foreclosure. State laws significantly impact the preforeclosure process and timeline. Buying a preforeclosed home can offer opportunities but requires careful due diligence. When a homeowner struggles to make mortgage payments, their home enters a stage called preforeclosure. This period, which occurs before… Read More »What are Preforeclosure Homes? Plus, How to Buy One - Is a Home Inspection Required for a Mortgage? Not Always—But Here’s When It Might Be
Before you close on your dream home, there’s one step that can save you from costly surprises: the home inspection. This is a thorough check of the home’s structure and functions that looks at everything from the roof, foundation, plumbing, and more. But is a home inspection necessary for a loan? Most lenders don’t require… Read More »Is a Home Inspection Required for a Mortgage? Not Always—But Here’s When It Might Be - The Top 10 Cities Where You Can Live Car-Free
The typical new car today costs almost $49,000 – near a record high. Used cars are also flirting with all-time highs. That’s because car prices skyrocketed during the pandemic and have hardly fallen since, making car ownership one of the biggest financial burdens Americans face. A recent survey found that nearly half of Americans say… Read More »The Top 10 Cities Where You Can Live Car-Free - Selling a Rental Property With Tenants: What Landlords Should Know
You can sell a rental property with tenants in place, but it’s not always simple. From lease agreements to tenant communication, there are key factors to consider if you’re planning to sell an occupied unit. Whether you are selling a rental house in San Francisco or looking to let go of your condo in Portland,… Read More »Selling a Rental Property With Tenants: What Landlords Should Know - A 12 Step Timeline for Selling A House: What to Expect
A clear timeline for selling a house can make all the difference in staying organized and on schedule throughout an often stressful process. From the decision to sell to closing day, Redfin has you covered every step of the way. Whether you’re transitioning to a rental house in Tucson, downsizing to an apartment in Salt… Read More »A 12 Step Timeline for Selling A House: What to Expect - Buying a House After Divorce: How to Navigate Your Next Move in 7 Steps
Going through a divorce is hard enough—figuring out your next move shouldn’t add more stress. If you’re wondering how to buy a house after divorce, the key is knowing when you’re financially and emotionally ready, understanding how your divorce affects your mortgage eligibility, and preparing with the right support. Whether you’re eyeing a condo in… Read More »Buying a House After Divorce: How to Navigate Your Next Move in 7 Steps - Can a Real Estate Agent Sell Their Own Home? What You Need to Know
Real estate agents help clients buy and sell homes every day, but what happens when the home for sale belongs to the agent themselves? Whether you’re an agent thinking about listing your own home for sale in Atlanta or a buyer considering making an offer on a home in Dallas, it’s important to understand what… Read More »Can a Real Estate Agent Sell Their Own Home? What You Need to Know - Private Mortgage Insurance (PMI): What It Is, How It Works, and How to Get Rid of It
Key Takeaways: PMI is required on conventional loans with less than 20% down. It adds to your monthly costs but can be removed once you reach 20% equity. You can avoid PMI with a larger down payment, VA loan, or piggyback loan. If you’re buying a home and planning to put down less than 20%,… Read More »Private Mortgage Insurance (PMI): What It Is, How It Works, and How to Get Rid of It - Do You Have to Join an HOA When Buying a Home?
Do you have to join the HOA, or do you have a choice? HOAs can offer benefits like neighborhood maintenance and amenities, but they also come with rules, fees, and legal obligations. So what happens if you find your dream home, and it’s in an HOA community? Whether you’re buying a house in Roswell, GA… Read More »Do You Have to Join an HOA When Buying a Home? - How Long Does It Take to Sell a House?
One of the most common questions homeowners ask when preparing to sell is, how long does it take to sell a house? While the process varies widely, the national average time to sell a house typically ranges between 55 and 70 days from listing to closing. While this is a general range, your own selling… Read More »How Long Does It Take to Sell a House? - Can a Buyer Back Out of a Contract? What Sellers Need to Know
Key takeaways Buyers can back out if they’re within contract contingencies. Sellers usually keep the earnest money if buyers back out without cause. A strong contract helps protect you from legal and financial issues. A question that rattles both sellers’ nerves and real estate professionals’ phones: What happens when a buyer backs out of a… Read More »Can a Buyer Back Out of a Contract? What Sellers Need to Know - Can You Get a Mortgage with a New Job? What Homebuyers Need to Know
Starting a new job doesn’t automatically disqualify you from getting a mortgage, but it can raise some red flags for lenders. If you’re wondering Can I get a mortgage if I just started a new job?, the good news is that it’s possible. However, you may need to take a few extra steps to prove your… Read More »Can You Get a Mortgage with a New Job? What Homebuyers Need to Know - The Truth About Sellers Backing Out — And How You Can Stay Protected in a Home Sale
Imagine this: A home seller has agreed to the offer and the closing date is approaching. Suddenly, the seller decides to back out before closing. Can that actually happen? The short answer: Sometimes, yes. But it’s not that simple. Whether you’re buying or selling a home in Portland, OR or Austin, TX, it’s important to… Read More »The Truth About Sellers Backing Out — And How You Can Stay Protected in a Home Sale - 19 Types of Home Inspections that Buyers Should Consider
Buying a home is a significant investment, and ensuring the house is in the best condition possible is a top concern for any buyer, regardless of whether it’s your first home or investment property. While a general home inspection is almost always recommended for anyone buying a home, savvy buyers will do their due diligence… Read More »19 Types of Home Inspections that Buyers Should Consider - How Long to Keep Paperwork After Selling a House: 8 Common Situations To be Aware Of
Deciding how long to keep paperwork after selling a house depends on your individual circumstances. With so many moving parts, there are a number of scenarios that can arise, each with their own specific documentation requirements. Read this Redfin article to find out a few of the most common home sale scenarios and their recommended… Read More »How Long to Keep Paperwork After Selling a House: 8 Common Situations To be Aware Of - Can You Sell a House with Water Damage? 7 Steps to Success
Selling a house with water damage can feel like an uphill battle – but it’s not impossible. Whether you’re trying to sell a water-damaged home in New Orleans or a condo in Phoenix, buyers may still be interested if the issue is handled the right way So, can you sell a house with water damage?… Read More »Can You Sell a House with Water Damage? 7 Steps to Success - Selling a House With Unpermitted Work: A Basic Guide to Keep Yourself Covered
There’s a certain satisfaction that comes with taking on a project yourself—hauling in the lumber, getting the job done with your own two hands. But when it comes time to sell that home, if the work you did—or had done—was never officially green lit by the city, things are likely to get a little more… Read More »Selling a House With Unpermitted Work: A Basic Guide to Keep Yourself Covered - Does the Seller Have to Be Present at Closing? Here’s What You Need to Know
When it comes to whether or not a seller has to be present at closing, the short answer is no. When selling a home, the seller can often close remotely or through a representative. If everything is signed in advance or via a power of attorney, their physical presence isn’t required. That said, laws and… Read More »Does the Seller Have to Be Present at Closing? Here’s What You Need to Know - How to Include Furniture in a Home Sale: A Step-by-Step Guide
Whether you had custom furniture built specifically for your modern house in Denver or your buyers just really like your interior design work, there are a number of reasons why someone would want to package the furniture up with a home sale. It’s not overly complicated, but there are a few important details to get… Read More »How to Include Furniture in a Home Sale: A Step-by-Step Guide - Seller Concessions 101: What They Are and How They Can Help You Save
Seller concessions refer to closing costs or other fees that the seller agrees to pay on the buyer’s behalf. These concessions are negotiated during the offer process and help make the purchase more affordable for the buyer, without reducing the home’s sale price. Whether you’re a first-time homebuyer buying a home in Charlotte, NC, or… Read More »Seller Concessions 101: What They Are and How They Can Help You Save - Buying New Construction? Here’s How to Get the Best Price from a Builder
Have your eye on a brand-new home, but it’s just out of budget? There’s actually ways to negotiate new construction homes so you leave with a good deal and your dream space. Whether you have your eye on a new-build in Rock Hill, NC or are about to buy a new construction home in Palm… Read More »Buying New Construction? Here’s How to Get the Best Price from a Builder