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2. How to buy a house for sale by owner - AOL

   www.aol.com/finance/buy-house-sale-owner...

   1. Get preapproved by a mortgage lender. Getting preapproved for a mortgage helps you stand out as a buyer and lets sellers know you meet the financial requirements for the purchase. It also helps ...

3. Guide to closing on a house: What to expect during the ... - AOL

   www.aol.com/finance/guide-closing-house-expect...

   3. Run a title search. Run a title search on the property you are purchasing early in the closing process. A title search will bring up any issues with or claims against the home, such as a ...

4. How to sell your house and buy a new one at the same time - AOL

   www.aol.com/finance/sell-house-buy-one-same...

   Selling a house isn’t all profit — there are prep and closing costs to consider, as well as real estate commissions. Those opting for a traditional, agent-assisted sale should plan for 5 to 6 ...

5. Mortgage assumption - Wikipedia

   en.wikipedia.org/wiki/Mortgage_assumption

   A prospective buyer wants to purchase the house for $300,000 and keep the same mortgage to avoid going through the process and expense of applying for a new loan. The buyer pays $50,000 cash for the equity and assumes the $250,000 mortgage, becoming liable for the debt.

6. Secured loan - Wikipedia

   en.wikipedia.org/wiki/Secured_loan

   A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral, and if the borrower defaults, the creditor takes possession of the asset used as collateral and may ...

7. Real estate agents and brokers - Wikipedia

   en.wikipedia.org/wiki/Real_estate_agents_and_brokers

   Lawn signs advertising houses for sale. Real estate agents and real estate brokers are people who represents sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. [1] Brokers and agents are licensed by the state to negotiate sales agreements ...