What to Know When Buying a House in Biddeford, ME
Buying a home can be one of the most rewarding yet stressful things you ever do — especially when you're a first-time home buyer in Biddeford, ME. There are plenty of things to learn, and Mr. Cooper is here to help cover your bases. We'll give you the information you need to approach the whole process with confidence, from prequalification to financing and closing. Pulling from their years of experience and training in the home buying industry, our mortgage professionals will give you the right information, at the right time. You'll figure out what questions to ask and when, such as, "how many offers has the seller received so far?" and, "how long has this house been for sale?" Call Mr. Cooper to start your home buying journey. Our Agent Assurance program makes sure you're partnered up with an agent you feel confident in, and who will walk you through the process from start to finish.
We'll prepare you for becoming a homeowner by helping you calculate how much house you can comfortably afford in Biddeford. Next, we'll take you through the process of prequalifying for a mortgage, which can help you look more attractive to a potential seller. Mortgage prequalification is one of the most important things you can do when buying a house in Biddeford. It shows sellers that you're serious and that a mortgage lender believes you're a reliable candidate for a home loan. It will also provide you with a quality estimate of how much you can afford to spend on a new home. Lastly, we'll help you select and apply for a home loan, finalize your loan, and walk alongside you until closing day. On closing day you could get $300-$8,000 in cashback** when you work with a Mr. Cooper Agent Assurance real estate agent! Buying a home in Biddeford could be even easier when you have Mr. Cooper in your corner.
Sell Your House in Biddeford, ME with Mr. Cooper's Help
We've been there. We know that selling a house in Biddeford, ME is one part joy and one part stress. Sellers have to overcome unique obstacles. Mr. Cooper understands those challenges inside and out and can help you enjoy a smoother home selling experience.
Take, for example, the challenge of finding a new home while trying to sell your current one. There are only so many homes to choose from around Biddeford, and inventory is always changing. You want to wait for the right home but might not feel like you can afford to. Mr. Cooper knows this obstacle and can present some options to take some of the stress out of selling your home. Other obstacles are less concrete, like any unrealized assumptions you have about your home's final sale price, or the emotional tie you have with your home. Not to mention, you still have to pack up every room!
At Mr. Cooper, you'll find the expert resources and team members you need to defeat difficulties AND lower the amount of money you spend on closing costs and real estate commissions. The sellers who work with us receive in-depth marketing and sales service at an exceptional value. Ask about Mr. Cooper's Agent Assurance program in Biddeford to see how it could help you save time and money as a homebuyer or seller in Biddeford!
What to Know If You’re in Escrow with Mr. Cooper
Escrow period is a phrase you'll hear used throughout the homeownership journey, whether you're a home buyer or a seller. The escrow period is when a third party holds something of value, usually money, in a special account until a transaction between a seller and buyer is complete. The escrow process can be used for all kinds of transactions, but we focus on how it applies to real estate. If you're the home buyer, you typically put a percentage of the property price in the escrow account. If you're the one selling, you agree to remove the home from the market during the escrow period so it can be inspected.
Once you're a homeowner and enjoying living in your home, escrow takes on a slightly different meaning. Your escrow account holds money that your mortgage servicer sets aside to pay your insurance premiums and property taxes. The account helps alleviate the stress of having to save for and keep track of those expenses. Connect with one of our dedicated customer service agents to learn about your former Nationstar escrow account or current Mr. Cooper escrow account. We're here to support you, whether you're buying or settling in. See things differently with Mr. Cooper.
Mr. Cooper Offers More Than Home Loans in Biddeford
Around Biddeford, Mr. Cooper is the ally you want to help you along the way when buying or selling a home. We'll give you the service, information, and guidance you want to make confident moves toward your best financial future. We can even educate you on credit scores and reports and show you how to build up your score to improve your financing options. Improving credit can be as simple as monitoring and resolving credit errors, paying bills early, and reducing your total debt. Many credit mistakes occur when people aren’t paying attention or taking action. We believe that with a little knowledge, you can be different. You can choose to act. Check your credit score, work hard to improve it, and pat yourself on the back when you prequalify for a home loan. With Mr. Cooper as your go-to advisor, you can be prepared to buy or sell a house even sooner.
**Cashback bonuses are issued by Realogy after a customer closes a transaction using an Agent Assurance Agent. The amount depends on the property sale/purchase price and range from $300 for properties under $99,999 and $8,000 for properties $3 million and over. See full terms and conditions below.