What to Know When Buying a House in Edgewood, MD
Buying a home can be as exhilarating as it is stressful — and even more so when you're a first-time home buyer in Edgewood, MD. Mr. Cooper is here to help you learn everything you need to know. We'll give you the information you need to approach the whole process with confidence, from prequalification to financing and closing. Our mortgage professionals pull from years of experience in the home buying business to give you the most helpful information at the right time. You'll learn what questions to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" Call Mr. Cooper to start your home buying journey. We'll get you set up with a trusted agent who will help you every step of the way. We call it the Mr. Cooper Agent Assurance program.
We'll help you prepare and plan for home ownership by helping you estimate how much house you can afford in Edgewood. We'll then walk you through getting prequalified, which could help you get ahead of the game. Getting prequalified for a mortgage is incredibly important when you're trying to buy a house in Edgewood. It accomplishes two things. First, it indicates that a mortgage lender thinks you're a solid candidate for a home loan. Second, it provides you with the most accurate estimate of how much you can afford to spend on a house. Finally, 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 Edgewood could be even easier when you have Mr. Cooper in your corner.
Mr. Cooper Can Help You Sell Your House in Edgewood, MD
Similar to buying a house, selling a house in Edgewood, MD can feel both rewarding and stressful — but for different reasons. Sellers face unique challenges. 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 Edgewood, and inventory is always changing. You might feel like you can't afford to wait for the perfect home to come on the market. Mr. Cooper knows this obstacle and can equip you with resources to make the sale of your home less stressful. Other hurdles are less tangible, like any unrealized expectations you might have about your home's final sale price, or the emotional connection your kids have with the home. Don't forget — you still have to pack for your move!
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. Learn more about the Agent Assurance program in Edgewood to see how it could help you maximize your money as both a home seller and buyer in Edgewood!
More on Mr. Cooper Escrow Period
What's an escrow period? It's a phrase you'll come across throughout your homeownership journey, whether you're on the buying or selling side of things. Escrow period is when a third party holds on to something of value, typically money, in a certain account until an exchange between a seller and buyer is complete. An escrow account can be used for all types of transactions, but we shine the spotlight on how it applies to real estate. If you're the one buying the home, you generally place a percentage of the property price in escrow. If you're the one selling, you take the home off the market during the escrow period so the property can be inspected.
Escrow carries a different meaning once you're in your home and enjoying it day in and day out. Your escrow account holds money that your mortgage servicer sets aside to pay your insurance premiums and property taxes. The account helps take away the anxiety of saving for and keeping up with those expenses. Connect with one of our customer service agents today to talk about your former Nationstar escrow account or current Mr. Cooper escrow account. We're here to support you, whether you're buying or just settling in. We can show you a better way.
Mr. Cooper's Services Go Beyond Just Home Financing in Edgewood
In Edgewood, Mr. Cooper is a friendly home buying and selling ally to have on your side. We'll give you the information, service, and support you need to make the right financial decisions to accomplish your goals. We can even provide education around credit scores and walk you through the process of boosting your credit to expand financing options that might be available to you. Boosting credit can be as simple as monitoring and resolving credit errors, paying bills early, and reducing your total debt. Plenty of credit mistakes are the result of people failing to act or not paying attention. We think you can be different. All you need is knowledge. 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. You can be ready to buy or sell your home even sooner when you have Mr. Cooper as a resource.
**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.