home buying: Buying a house in the Sacramento area? STOP and don't buy anything else until escrow closes! - 12/29/13 09:43 AM
A couple of days ago I wrote a blog post explaining the difference between a buyer who is pre-approved and one who is merely pre-qualified, and why a buyer should get pre-approved before house hunting.
Another extremely important issue can affect whether or not the buyer will be able to close the transaction. Once you have been pre-approved for a loan, DO NOT buy anything! If you make any purchase that might have to be financed or one that reduces the amount in your savings accounts, even if you think you can afford it, STOP before making the purchase and check … (9 comments)

home buying: Sacramento Area Buyers: Are you pre-approved or merely pre-qualified? - 12/27/13 01:20 PM
Sacramento Area Buyers: Are you pre-approved or merely pre-qualified?
There is a difference, and your offer to purchase the home you want might depend on what the letter from your lender says.
Before I take my buyer clients out to look at homes, I ask them to visit a lender (preferably someone in our area so they will be familiar with all of the grants, special loan packages and programs that are available in the Sacramento area).
If they don't know a good lender, I will recommend a few that they can choose from. I do know some great lenders … (4 comments)

home buying: 30 Year Mortgages Fall to Lowest Rate in 3 Months - 09/24/07 11:26 AM
 I read an interesting article on August 31st that paints a more realistically positive picture of the market than and pure doom-and-gloomers.  Note that it was published before the fed lowered the rates last week.  According to the article in the Baltimore Sun, borrowing costs on home loans dipped to a three-month low that week, providing much-needed relief to home buyers who are facing a tight lending climate.Freddie Mac reported a drop in the 30-year fixed rate to 6.45 percent from 6.52 percent a week earlier, while interest on 15-year fixed loans slipped to 6.12 percent from 6.18 percent.Adjustable-rate mortgages, however, moved … (1 comments)

 
Susan Neal, Fair Oaks CA & Sacramento Area Real Estate Broker (RE/MAX Gold, Fair Oaks)

Susan Neal

Fair Oaks CA & Sacramento Area Real Estate Broker

Fair Oaks, CA

More about me…

RE/MAX Gold, Fair Oaks

Address: 5252 Sunrise Blvd., Fair Oaks, CA, 95628

Office: (916) 705-8951

Mobile: (916) 705-8951






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