My home offer was accepted!!! In this video I'm explaining what happens after your house offer is accepted. Everything including putting in the offer, inspections, appraisals, and closing costs!
Timestamps
0:00 My offer was accepted!
3:39 Pre approval amount
3:49 Saving $15,000 to buy the house
4:24 Offer details and money needed up front
7:14 You have to move quickly!
8:13 Finding an inspector and appraiser
9:19 Closing window
10:50 Inspections
14:37 Loan details
16:04 Escrow
17:13 Total monthly payment
17:37 Home insurance and property taxes
18:30 Closing costs
19:03 Origination charges
19:41 Services you can not shop for
19:54 Service you can chop for
20:10 Taxes and other government fees
20:32 Prepaids
21:09 Initial escrow payment at closing
21:29 Total amount needed at closing
23:28 Thanks for watching the journey!
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I'm documenting my financial which includes everything from paying off debt to budgeting to buying my first house! If you want to know what I'm up to on a daily basis, follow me on Instagram, Twitter, or TikTok.
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Disclaimer: I don't have any formal financial background or training. I'm just someone who wished someone had taught me about finances when I was younger and I want to share what I've learned along the way.