24 Oct 2025
By RESCO Realty

How to Compete Against Cash Buyers and Win

Home Buying Tips, ,
In today’s competitive real estate market, buyers often find themselves going up against all cash offers. It can be discouraging to see a dream home slip away to someone who can pay outright. However, buyers who use financing still have powerful ways to compete, and win, when they approach the process strategically. Get Preapproved, Not Just PrequalifiedA mortgage prequalification is a good starting point, but a full preapproval shows sellers that your financing is solid. It demonstrates that a lender has verified your income, credit, and assets. With a preapproval letter in hand, you send a message to the seller…
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15 Oct 2025
By RESCO Realty

What No One Tells You About Buying a New Construction Home

Real Estate Tips, ,
Buying a newly built home can feel exciting and fresh, but there are unique considerations that many buyers overlook. Understanding the nuances of new construction ensures you make informed decisions, avoid surprises, and protect your investment throughout the building and buying process. Upgrades Can Add Up QuicklyBuilders often advertise base models at an attractive price, but upgrades like flooring, countertops, appliances, and smart home features can quickly increase the total cost. Buyers should budget for these optional features and consider which upgrades are essential versus cosmetic. Construction Timelines Are FlexibleUnlike purchasing an existing home, construction timelines can change due to…
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02 Oct 2025
By RESCO Realty

How to Read and Understand Your Home Purchase Agreement

Home Buying Tips, ,
Buying a home is exciting, but the process comes with important legal documents that require careful attention. Your home purchase agreement is one of the most critical papers you will sign, outlining the terms of your offer, contingencies, and obligations as a buyer. Understanding this agreement ensures you protect your interests, avoid surprises, and navigate the transaction with confidence. Key Sections of a Home Purchase AgreementA typical home purchase agreement includes the property details, purchase price, and financing terms. It specifies deadlines for inspections, appraisals, and closing, as well as contingencies that allow buyers to withdraw under certain conditions. Additionally,…
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