Getting pre-approved for a mortgage does affect your credit, but far less than most buyers expect. A mortgage inquiry typically costs a few points and fades within months. Skipping the pre-approval costs you the house. The number people are afraid of is smaller than the risk they take by avoiding it. How much does a … Read more
In Georgia, closing costs are technically the buyer’s responsibility. In practice they are negotiable, and it is common for a seller to cover part or all of them as part of the deal. How much a seller is allowed to contribute depends on the loan program, not on how good a negotiator anyone is. The … Read more
Most homes in Cherokee County go under contract within 30 to 45 days, and close about 30 days after that. Here’s what actually moves that number.