How Does Closing on a House Work? 10 Steps to Closing on a House

Key takeaways On average, closing on a home can take anywhere from 30 to 60 days.  The closing process includes mortgage approval, title checks, home inspections, and gathering required documents. Closing day involves reading through and signing paperwork before the title is finally transferred to y

How Do Real Estate Auctions Work? Buying a Home at Auction

Key takeaways Buying a home at auction may give you a lower price, but you could risk overpaying. Auctions are held online or in person, but you’ll need to show proof of funds in advance. Research the property in advance to identify red flags, such as liens or major repairs. The homebuying process i

8 Financial Benefits of Homeownership: A Beginner’s Guide for First-Time Buyers

For many first-time home buyers, purchasing a home is one of the biggest financial decisions they will ever make. But beyond having a place to call your own, homeownership can offer financial benefits that renting often can’t, including equity growth and greater stability in monthly housing costs. I

How to Save for a House: 9 Steps to Reach Your Goal Faster

One of the biggest hurdles of buying a home is saving up for one. From down payment to closing costs and moving expenses, it can be expensive to buy a home. If you’re just beginning to think about buying a house then you may need to take some time to save for a house.  In this Redfin article, we’ll