Tag: contract

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The Difference Between A Deposit And A Down Payment

Many of the terms used by real estate professionals are confusing when you are buying a home for the first time. In my experience, two of the most confusing and misunderstood terms used are “deposit” and “down payment.” They both require cash from a buyer. So, you may ask, “What’s the difference?

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12 Tips For Your Final Walk-Through

Set aside an hour 24 to 48 hours before the closing to walkthrough the home. Take your contract and notification of repairs with you to ensure that seller has finished the agreed upon repairs and has left the items agreed upon in the contract.

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Series: Stories From First Time Home Buyers

I have asked several first time home buyers to share their stories with others who are considering the purchase of their first home. It is my hope that by sharing these stories, first time home buyers will find the courage to take a leap of faith and begin a new life in a home of their very own.