19 May 2023
By RESCO Realty

What is Cash to Close?

Real Estate, ,
"Cash to Close" refers to the total amount of money that a homebuyer needs to bring to the closing table to complete the purchase of a property. It includes the down payment, closing costs, and other fees associated with the home purchase. How is it Calculated? The cash to close amount is calculated by subtracting any applicable credits, such as earnest money or seller contributions, from the total amount of funds needed to complete the transaction. The resulting figure represents the final amount of cash that the buyer needs to bring to the closing. It's important for homebuyers to carefully…
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18 May 2023
By RESCO Realty

Running A Quick Financial Health Check Before You Apply For A Mortgage

Mortgage, ,
Getting a mortgage is a significant financial decision, and it is crucial to ensure that you are financially prepared before applying for one. Conducting a quick financial health check before applying for a mortgage can help you determine your financial standing and your ability to afford a mortgage payment. Here are some reasons why you should consider conducting a quick financial health check before applying for a mortgage: Check your credit score: Your credit score is an important factor that lenders consider when deciding whether to approve your mortgage application. Check your credit score to see where you stand and…
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17 May 2023
By RESCO Realty

Pet-Friendly Homes: Some Selling Do’s and Dont’s

Real Estate, ,
Nearly 70 million American households include at least one pet, but most prospective buyers won't want to see evidence of pets in a home on the market. Here are some tips about how to sell a pet-friendly home. Prior To Listing Point out special pet features to your real estate agent -- a cat door, feeding station or a pet shower, even a fenced back yard or a dog run can be a bonus to many buyers. It's important to remember that buyers want to imagine their pets in the home, not yours! Minimize your pet's presence by decluttering pet supplies as…
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