Real Questions. Clear Answers.
Bloxie's Question of the Week
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Video coming soonThe short answer
Amounts depend on your loan, your lender and your state.
Common questions
No. Many buyers talk with a real estate agent early. You'll usually want a preapproval before you make an offer, because sellers expect one.
Related lesson: Getting PreapprovedIt depends on the loan. Some government-backed programs accept lower scores than conventional loans, and higher scores usually qualify for better rates. A lender can tell you what applies to you.
Related lesson: Understanding Your CreditThere's no set number. When a home meets your must-haves and fits your budget, you're ready to talk with your agent about an offer.
Related lesson: Starting Your Home SearchUnder current industry practice, buyers typically sign a written agreement before touring homes with an agent. It explains services and compensation, and its terms are negotiable.
Related lesson: Choosing the Right Real Estate AgentIt depends on your contract. Contingencies, and option periods where they apply, can let you exit under certain conditions and deadlines. Outside those terms, you may lose your earnest money.
Related lesson: Understanding Purchase ContractsWith financing, often around 30 to 45 days after the contract is signed. Cash purchases can close faster. Timelines vary by lender and market.
Related lesson: Preparing for ClosingMany states reduce property taxes on a primary residence. Rules and amounts vary, and you usually apply with your county.
Related lesson: Receiving Your KeysAnswers are general education, not legal, financial or tax advice. Rules vary by state, so confirm details with a licensed professional where you're buying.
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Questions come in
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A question is chosen
Each week, the Building Blox team selects one frequently asked question.
The answer is reviewed
AI may draft a short script. People check every answer for accuracy and state-by-state differences before it's published.
Bloxie answers on video
A short educational video is published as Bloxie's Question of the Week.