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What to Avoid When Buying a Westfield Home
According to CoreLogic, an information an analytics company, approximately 37% of all US homes sales in January 2017 were paid in cash. Cash buyers avoid private mortgage insurance, interest and some closing costs. Cash purchases tend to go much quicker. Sellers typically find an "all cash" offer more attractive because they don't have to worry about financing falling through. However, mortgages sometimes make more financial sense. If you end up financing a home's purchase, you need to know what to avoid when buying a Westfield home.
What to Avoid When Buying a Westfield Home Waiting to Secure Financing - When buying a Westfield home, the very first step you need to make is securing your financing. This takes the most time. Being pre-qualified isn't the same as being approved, either. Many Sellers want to see an actual approval letter along with your offer. Otherwise, they might move on to the next Buyer in line. You don't want to find the perfect Westfield home just to lose it because you can't get financed for it.
Using an Unreliable Mortgage Company - Beware of fake or disreputable mortgage companies when buying a Westfield home. Talk to your friends, family and Westfield REALTOR@ for recommendations. A ... more
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