Keeping It Real Estate

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