Value of Pre-Approval
Though there are some home buyers that purchase a home with cash, most expect to finance their home with a mortgage. Before starting to shop for a house, a buyer can get “pre-approved” for a loan. Doing this early in the shopping process can be valuable later. And, with today’s technology it is possible for a potential homebuyer to have an approved loan in less than 24 hours. Why is this an important advancement? By knowing what you really qualify for, you can easily determine what your total monthly payments will be....
read moreFinancing a Home – Fact vs. Fiction
It’s scary how much media attention there is currently regarding the real estate market. Has it hit the bottom of the market? Are we seeing any appreciation? How hard is it to get a home loan now? Is there still an opportunity to buy a home without a down payment ? Etc., etc. Major lenders are still offering a variety of programs that can help an interested purchaser get a loan that can be tailored to his/her needs. Let ‘s talk about some facts versus fiction in our current marketplace. 1. Credit Scores FICTION: You must have...
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