appraisal: Why the Terms of a Home's Sale Are More Important Than the Price Paid
- 09/11/14 03:20 AM
One of the most significant factors home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the fact is that other terms in the sales contract may have more far-reaching and significant effects on the transaction. In fact, with a closer look at some of the most important terms, you will see why you and your agent should actively negotiate for improved terms rather than a lower sales price. Closing Costs Some buyers and sellers will haggle over a few thousand dollars in the sales … (0 comments)
appraisal: Questions You Should Ask Yourself Before Applying For A Mortgage
- 12/10/13 05:30 AM
If you are considering applying for a refinance, it is important to understand the mechanics of your mortgage loan. You should consider preparing a list of questions for your loan officer that you feel may need to be answered. Here are some questions that you may need to get answers: 1. What Type Of Loan Is Best For Me? Your loan officer can discuss the various loan programs available to help you refinance. Some borrowers will benefit greatly from adjustable rate mortgages while others prefer fixed rate. However, other borrowers may find a fixed rate is the best option. Discuss … (0 comments)
One of the most significant factors home buyers and sellers focus on when buying real estate is the negotiated sales price in the purchase contract. While the sales price is undeniably important, the fact is that other terms in the sales contract may have more far-reaching and significant effects on the transaction.
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