What to Know When Buying a House in Edmonds, WA
Buying a home can be one of the most satisfying yet challenging things you do in life — particularly when you're new to the process and are a first-time home buyer in Edmonds, WA. Mr. Cooper is here to help you learn everything you need to know. We'll work to empower you with information, so you feel confident about prequalification, financing, and finding the right home. Our mortgage professionals have years of experience buying homes, and they know how to customize information to fit your situation. You'll learn 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?" Give Mr. Cooper a call to get started. With the Mr. Cooper® Agent Assurance program, we'll help you find an agent you trust and who will give you step-by-step guidance through the entire process.
We'll help you prepare and plan for home ownership by helping you estimate how much house you can afford in Edmonds. 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 Edmonds. 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 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 Edmonds could be even easier when you have Mr. Cooper in your corner.
Mr. Cooper Can Help You Sell Your House in Edmonds, WA
Similar to buying a house, selling a house in Edmonds, WA can feel both rewarding and stressful — but for different reasons. Sellers have to overcome unique obstacles. Mr. Cooper understands those challenges inside and out and can help you enjoy a smoother home selling experience.
For example, there's the challenge of finding the perfect new home while trying to sell the one you're in now. There are only so many homes to choose from around Edmonds, and inventory is always changing. You want to wait for the right home but might not feel like you can afford to. Mr. Cooper understands how troubling this can be and can share some solutions for taking the stress out of selling your house. Other obstacles are less concrete, like the emotional connection you might have with your home or any unrealized expectations you have around your home's final sale price. Not to mention, you still have to plan your move!
At Mr. Cooper, we have professional resources and team members to help you overcome obstacles AND reduce the amount you spend on real estate commissions and closing costs. As a valued home seller, you get all-encompassing marketing and sales service at an unexpected value. Learn more about the Agent Assurance program in Edmonds to see how it could help you maximize your money as both a home seller and buyer in Edmonds!
More on Mr. Cooper Escrow Period
No matter whether you're a home seller or buyer, you'll hear the phrase escrow period quite a bit throughout your homeownership journey. Escrow period is when a third party holds on to something of value, typically money, in a certain account until a transaction between a seller and buyer is finished. The escrow process can be used for all kinds of business dealings, but we shine the spotlight on how it is used in 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.
Once you become a homeowner, escrow carries a different meaning. Your escrow account is like a piggy bank that holds money for your mortgage company to pay your property taxes and insurance premiums. The account helps take away the anxiety of saving for and keeping up with those expenses. Contact one of our dedicated customer service agents to learn about your Mr. Cooper escrow account or former Nationstar escrow account. We're your partner in the homeownership journey, whether you're buying or just settling in. See things differently with Mr. Cooper.
Mr. Cooper is More Than a Home Lender in Edmonds
In Edmonds, Mr. Cooper is a friendly home buying and selling ally to have on your side. We'll give you the support, service, and information 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 easy as monitoring and resolving credit errors, paying bills early, and reducing your total debt. Credit mistakes often happen when people don't take action or aren't paying attention. We think you can be different. All you need is knowledge. You can take action, check your credit, work to improve it, and get prequalified for a home loan. With Mr. Cooper as your trusted resource, you can be ready to sell or buy your home 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.