Many buyers, especially those who are buying their first home, are unsure about the whole process. They don’t want to low-ball the seller. The sellers don’t want to appear greedy, so they often don’t want to do a counter offer. However, this is part of the whole real estate process. It is also a skill…Read More
When buying a home, there’s a lot of paperwork involved. Hence, understanding what the documents are for and why they are crucial will help you steer your way through the home-buying procedure. The seller’s disclosure is one of the documents that you need to understand to avoid purchasing a house with potential problems. It is…Read More
It’s easy to fall in love at first sight when looking for your dream home. But if you fail to thoroughly look over the seller’s disclosure statement, you might end up paying for expensive repairs and having to solve many types of problems affecting your property. Here are eight common “red flags” to look for…Read More
Some Highlights: A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t see the home in-person. While they still prefer to physically see a home, virtual home tours and accurate listing information top the list of tech specs buyers find most helpful in today’s process.…Read More
The FHA is insuring a greater percentage of loans than during any time in recent history. In 2006, it insured roughly 5 percent of the purchase mortgage market. Today, it insures one-quarter. “Going FHA” is more common than ever before — but is it better?
- 2011 Conforming Loan Limits : No Change From 2010
- Why Now’s A Good Time To Consider An Adjustable Rate Mortgage
- Mortgage Rates Are Going Up — But Not For The Reason You’d Expect
In this 5-minute piece from NBC’s The Today Show, you’ll learn a dozen complementary home-shopping techniques to help you review and evaluate a home for purchase. Each is focused on findings you won’t see listed on a website.
- Monthly Reiteration: Real Estate Is Not A National News Story
- All Real Estate Is Local, Or Why National News Programs Are Misleading
- The Half-Truth Of The Headline “1 In 8 U.S. Homes Are Late Paying Or In Foreclosure”
For many new homebuyers, the terms pre-qualification and pre-approval seem interchangeable. But they are not — and the distinction is an important one.
When you get pre-qualified, I perform a quick check to determine generally how large a home loan you can afford. Essentially, when a buyer is pre-qualified, the lender is saying it would most […]
- It’s Time To Re-Approve Your Pre-Approval
- Why is pre-approval important? Do I have to go back to the same lender that originally approved me?
- 6 Things To Avoid While Waiting For A Mortgage Approval