In this podcast episode SaCola Lehr and guest Varney Jallah discuss the intricacies of the homebuying process, focusing on down payment assistance and the steps after an offer is accepted. They explore different loan types, the importance of choosing the right one, and how down payment assistance programs work. The episode also covers the due diligence period, where buyers inspect the home and finalize their loans. Strategies for competing in a multiple bid situation, such as presenting a cash offer, are discussed. SaCola emphasizes the importance of financial preparedness and working with a good real estate agent for a stress-less transaction. Additionally, the difference between due diligence money and earnest money is explained, with the former being non-refundable. The episode concludes with an invitation to access a free purchasing pathway guide and the promise of future episodes on financing dos and don'ts.
Get Your FREE Home Purchasing Pathway Guide: https://bit.ly/purchasingpathwayRead more about SaCola’s real estate story: https://bit.ly/40T3dntConnect with SaCola: https://workitliveitownit.com/Follow SaCola on Facebook: https://facebook.com/ workitliveitownit  Follow SaCola on Instagram:  https://instagram.com/ workitliveitownit  Subscribe to Work it, Live it, Own it! On YouTube: https://bit.ly/2lxB1TSCheck out the Sell Your Home Guide: https://bit.ly/3NuHP58