Buying a Home in Bellingham
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In most situations the Lender requires that the appraisal and credit report be paid upfront prior to closing. Although, in a situation with zero down financing, this may not hold true.
Your earnest money deposit is determined when the offer is written. Typically it is 1-2% of the purchase price and is applied to your down payment. In most situations, it is fully refundable if the purchase is not made.
I cannot stress enough the importance of having an inspection... Even on a brand new home. While there may not appear to be any major problems with the home, having an inspection will give you the assurance that the house is sound and will save you from costly surprises in the future. Plan to attend the inspection to ask questions and to learn as much as you can about your new home.
Our Trusted Lenders
Christy SorensonBank of the Pacific
913 Lakeway Drive, Suite 201
Bellingham, WA 98229
Reah DewellWells Fargo
1855 Main Street #101
Ferndale, WA 98248
Josh ZandstraMovement Mortgage
12 Bellwether Way Suite 110
Bellingham, WA 98225