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What happens after you make an offer on a house?

QUESTION

What happens after you make an offer on a house?

ANSWER

You have to wait for the seller to respond to your offer to purchase.

There is no time limit on when they have to respond, although the standard response time is 24 to 48 hours.

It may take longer if the seller is considering multiple offers.

Once your offer is accepted, you can apply for a home loan. If the home loan application is approved, the process of transferring the property to your name will begin.

When the time comes to apply for a home loan, you can get yourself a better deal by applying with ooba Home Loans. We submit your application to multiple banks, allowing you to compare deals.

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Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

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Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

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