Buying your first home is a big deal, both financially and emotionally. And while sometimes buying agents have to keep their opinions to themselves and let clients make their own decisions, we asked some real estate agents to open up and share the one thing that they wish all first-time homebuyers knew. Their unfiltered responses are below. Check them out, and see what info you’ve been missing: 1. You can shop around for agents Before starting out on your

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Exciting news ~ After 4 years of helping homebuyers purchase over $1 billion worth of homes and save over $8 million in commission fees, we’re excited to announce that Open Listings has joined the Opendoor family, bringing us one giant step closer to achieving our mission of simple, affordable homebuying for everyone. Since starting Open Listings, we’ve been big fans of the ambitious work Opendoor has done to reinvent the tedious process of selling a home. We couldn’t

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If you’re anything like the majority of first-time homebuyers, you’ve probably heard the phrase “mortgage broker” used before without giving too much thought to what the term means. However, if you’re thinking about getting into the market yourself, it’s time to learn. Working with one of these industry professionals is an easy way to help you save yourself time and a lot of hassle during the buying process since they can help you through the process

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According to TIME, an estimated 40 million Americans carry student loan debt, with 5.9 million of them owing over $50,000. That’s no small figure. So, if you’re still struggling with student loans, you’re far from alone. Unfortunately, many are under the misconception that carrying student debt means you’re not able to own a home. Buying a home even when you’ve got student debt to pay off is possible. But, it requires a little

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With all those shows on TV about fixing up old houses and flipping them for a profit, you may be wondering whether buying a flipped house is the right route for you. The reality is that flips aren’t for everyone, and it’s important to know the pros and cons before you make that offer. With that in mind, we’ve created a guide on buying flipped houses. Here are the most important things you should know about buying

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As we prepare to close out another Summer and head into Fall, the talk across the real estate market last month has been centered on the ‘cooling’ housing market. With little changes in sky-high housing prices and mortgage interest rates continuing to increase through 2018, many economists believe homebuyers are finally balking at buying a home in the current conditions. The latest numbers from July found that home sales declined for the fourth straight month — the longest dip since 2013.

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Most buyers know that realtors charge commission fees, but exactly how that commission works is a mystery to many. Is there a flat fee? Do more expensive houses cost more? Is the buyer or the seller responsible for paying the fee? Can you really negotiate them down? Fortunately, we're here to solve the mystery once and for all. In this post, we lift the curtain on realtor commission fees. We’ll tell you what they are, how they work, and

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Congratulations, your offer on a home has been accepted! So...now what? For many first-time buyers, the process of buying a home becomes much less clear after all the contracts have been signed. If you need to know what happens between then and the closing table, you’re in luck. We’ve developed the ultimate closing checklist for buyers. Read over these steps to learn how to navigate the home buying process like a pro. 1. Put that hard-earned dough

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In this day and age, pretty much anything and everything can be bought online. Want to buy a car? Done. A mattress? Done. A house? Thanks to online real estate agents, that can be done, too. The final piece of the digital home buying puzzle has arrived. Using an online real estate agent gives you the guidance and tools you need to not only purchase a home -- but do it easily, conveniently, securely, and digitally. So, what is an

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If you’re a first time home buyer, you’re probably feeling a bit at a loss as to where to begin. What do you need to buy a home? What’s the first step? Uh, can you even afford to buy a house in the first place? These questions are common -- and with so much money (and years of your life!) on the line, you’re smart to want to do things right. But don’t let yourself

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If you’re buying or selling a home, you’re going to come across a purchase and sale agreement -- and understanding what it is, what it contains, and what to look out for in one is going to be crucial. Put simply, a purchase and sale agreement is a contract -- a binding document that breaks down all the details of the transaction -- including things like the final sale price, purchase terms, earnest money deposit, closing date, and

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A home inspection is a professional, third-party inspection of a property that you intend to buy. During an inspection, the professional will evaluate the home from a structural and safety standpoint, as well as to ensure you’re buying a hazard-free, up-to-code property that’s a good investment of your dollars. Home inspections aren’t always required, but there are few cases where you’d want to forgo one. Use this home inspection checklist to learn more about the process

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Has the heat of Summer and the homebuying market got you thinking about waiting until Fall to buy a house? Before you jump into the real estate market, you need to know what to expect. Luckily, we have your back on that one. A snapshot of the homebuying market going into Fall 2018 What are some seasonal trends about buying in Fall that buyers should anticipate? What are mortgage rates like right now? Are home prices trending upward or downward

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When you’re touring a home, you only see a property at its best. When organized, clean, and expertly staged, many homes can seem picture perfect. But what you’re not seeing? The past flooding, the repeated problems with plumbing and the rat infestation? Those are the things that will cost you in the end. That’s where a seller’s disclosure form comes in. Designed to give you insights into a home’s defects -- both past and present

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When you find that perfect home, you’ll have more than just an offer price to hone in on. Before you can actually move in, you’ll also need to figure out your earnest money deposit as a part of your offer. It sounds confusing, but an earnest money deposit (often just called an EMD the real estate industry) is a move of good faith and essentially acts as a down payment on your down payment. You offer it to

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