preapproval: House Hunter Tips for Current Market
- 11/18/20 07:38 AM
In todays’ market, home buyers are becoming more creative with their offers to make it stand out to sellers. This is due to increase number of homes sold causing home prices to rise. This may be good news for non-sellers who are not in the housing market, but not great news for buyers with modest means. Many buyers are turning to the new home market since there is a shortage of available resale houses. Buyers with modest means are finding new home builders focusing on creating higher-priced housing which tends to shut out the lower-end buyers. Based on the above events … (0 comments)
preapproval: Home Buyer Mistakes
- 05/21/15 10:32 PM
A home buyer will probably experience some uncertainty when they decide to purchase their home. This experience can be exciting, confusing, and complex all at the same time. What they do not want to do is to make serious mistakes during this process. Following are some suggestions that may prevent a first-time home buyer from making serious mistakes: · Can you afford to purchase a house? – Determine how much you can afford to borrow and whether you qualify to borrow that amount. When determining this amount, understand the life style you wish to live and be honest with yourself. This … (0 comments)
preapproval: HOW TO MAKE A MORE ATTRACTIVE OFFER
- 11/03/11 02:06 AM
Before you start serious house hunting, make sure you are properly prepared for your house hunting experience. First, visit with multiple lenders within a 30 day period. By doing this, creates the least negative effect on your credit score. Each lender may have different loan programs, and some lenders are more competitive. It is better to get a letter of pre-approval instead of a letter of pre-qualification. Pre-approval letter means you have had a thorough examination of your financial situation and the lender agrees to provide you a loan. Before you start your house hunting, be sure you have at least … (1 comments)
In todays’ market, home buyers are becoming more creative with their offers to make it stand out to sellers. This is due to increase number of homes sold causing home prices to rise. This may be good news for non-sellers who are not in the housing market, but not great news for buyers with modest means. Many buyers are turning to the new home market since there is a shortage of available resale houses. Buyers with modest means are finding new home builders focusing on creating higher-priced housing which tends to shut out the lower-end buyers. Based on the above events … (0 comments)
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