
Taking a closer look, Shelly Walters and Kyle Morris, renowned industry experts, shed light on an essential aspect: contingencies in home selling. With market dynamics being as fluid as they are, sellers are increasingly advised to consider contingencies to ensure they're safeguarded throughout the deal.
But that's not where the complications end. The mortgage domain, too, is riddled with nuances that every prospective homebuyer must be aware of. While low mortgage rates might seem alluring at first glance, the fine print tells another story. Getting a pre-approval may provide a sense of security, but it's the full final approval that seals the deal. And in this journey, transparency—or the lack thereof—by lenders can be a gamechanger. Buyers, be vigilant. Those tantalizing low rates could be laden with hidden costs in terms of points and fees.
Host: Tony Cardenas
Indy Real Estate Market / Update.
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