Home Buying
Everything you need to know about buying a home, all in one place.
Getting started
Is a rent-to-own home right for you?
Opendoor Team
Are you in need of a new home but can’t get approved for a mortgage? Whether you’re short on funds to make a down payment, have a low credit score, or your debt-to-income (DTI) ratio is too high, you might have to explore other options, like a rent-to-own agreement, to purchase a home. This arrangement could work if you’re serious about owning a home and can afford the rent payments. However, rent-to-own agreements also come with drawbacks.
Should you buy a starter or skip to the forever home?
Opendoor Team
Should your first time buying a home be one of your only times? Buying your first home as a forever home can help spare you money, stress and time — but there are differences between moving into a starter home and planting permanent roots in your forever home. Here’s what to consider.
Should you buy a home with friends?
Opendoor Team
There’s a risk that comes with buying a home with anybody, but friends make it even more complicated. Going in on a mortgage could make it easier to qualify and help make everyday expenses more affordable, but you risk straining your relationship and harming your finances if you don’t carefully consider your boundaries.
Finding a home
Tips for buying a fixer-upper: Is it right for you?
Opendoor Team
Sometimes, fixer-uppers are worth it — but sometimes, they aren’t. Here’s what you need to know before you buy one.
Is for sale by owner worth it?
Opendoor Team
You’re selling your home. You want to maximize profits. Skirting the real estate agent fees seems like a smart way to do this — but is it?
What to look for when buying a house
Opendoor Team
Are you dreaming of moving into a beautiful new home? Our in-depth guide provides helpful tips on what to consider when buying a house.
Closing and moving
Disclosures most sellers need to make to homebuyers
Opendoor Team
There’s a lot to keep track of when buying and selling a home. As the homebuyer, it’s critical to be aware of existing issues with the property, especially if buying a fixer, and as the seller, you’re required to be transparent about the home. In most states, sellers can actually face legal consequences if they fail to fully disclose.
Setting a furniture budget for your new home
Opendoor Team
Finding the right home can be easier said than done. Once you’ve cleared that hurdle, furnishing your home is the next big step — but without a budget, it can quickly become an expensive one. Here are tips for furnishing your home on a budget, a breakdown of typical costs by room and ideas to help you pay for it.
What are seller concessions?
Opendoor Team
The closing costs on a home purchase add up quickly. Seller concessions can help lessen the burden of this upfront expense. With seller concessions, the home seller in a real estate transaction agrees to cover some of the homebuyer’s closing costs, either specific expenses or a percentage of the total costs. The result is lower upfront costs for the buyer to pay.
Buy with Opendoor
Most common misconceptions about Opendoor
Opendoor Team
Is Opendoor a house flipper, conspiring against realtors and inflating costs? In this guide, we’ve addressed the most common misconceptions about Opendoor.
How to sell and buy a house at the same time
Opendoor Team
Should you buy or sell a house first? In our in-depth guide, we highlight the pros and cons of your options and help you to determine what’s right for you.
How much does it cost to buy a house?
Opendoor Team
When buying a home, it is important to understand all the costs involved. In this guide, we cover the costs of the selling a home you may not have known about.