What to Know When Buying a House in Potomac, MD
Buying a home can be one of the most rewarding yet stressful things you ever do — and even more so when you're a first-time home buyer in Potomac, MD. There are plenty of things to learn, and Mr. Cooper is here to help cover your bases. We'll make sure you're equipped with confidence and empowered with information about prequalification, financing options, and your home search. 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 to ask and when, such as, "how long has this house been for sale?" and, "how many offers has the seller received so far?" Give Mr. Cooper a call to get started. 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 Potomac. We'll then walk you through getting prequalified, which could help you get ahead of the game. When it comes to buying a home in Potomac, mortgage prequalification is one of the best things you can do. It shows that a mortgage lender believes you are a good candidate for a home loan, and you'll end up with an estimate of how much you can afford to spend on your new home. Last but not least, we'll help you pick and apply for the right home loan, secure your loan, and support you through the process. Then 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 Potomac could be even easier when you have Mr. Cooper in your corner.
What to Know When Selling a House in Potomac, MD
We've been there. We know that selling a house in Potomac, MD 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.
Finding a new home while trying to sell your old one is just one example. The home inventory in Potomac can be limited, with changes in property happening by the day. 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 present some options to take some of the stress out of selling your home. Other hurdles are less tangible, like the emotional connection you might have with your home or any unrealized expectations you have around your home's final sale price. 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. As a seller, you'll get comprehensive marketing and sales service at a great value. Ask about Mr. Cooper's Agent Assurance program in Potomac to see how it could help you save time and money as a homebuyer or seller in Potomac!
What If You Are in Escrow with Mr. Cooper?
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 finished. The escrow process can be used for all kinds of business handlings, but we shine the spotlight on how it applies to real estate. If you're the home buyer, you usually agree to put a percentage of the property price into 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 mortgage servicer pulls money from your escrow account to pay your property taxes and insurance premiums. 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 Mr. Cooper escrow account or former Nationstar escrow account. We're your partner in the homeownership journey, whether you're buying or settling in. See things differently with Mr. Cooper.
Mr. Cooper Offers More Than Home Loans in Potomac
Around Potomac, Mr. Cooper is the ally you want to help you along the way when buying or selling a home. We'll give you the support, service, and information 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 paying bills before they're due, monitoring and resolving credit errors, and reducing your overall debt. Many credit mistakes occur when people aren’t paying attention or taking action. You can be different. All it takes is a little knowledge. Act today! Check your credit, take steps to make it better, and get prequalified for a mortgage. 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.