Why Pre-Approval Should Be Your First Step

Category Archives: Featured Reading

Category: Featured Reading

Why Pre-Approval Should Be Your First Step
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In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a
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The Fed Raised Rates: What Does that Mean for Housing?
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You may have heard that the Federal Reserve raised rates last month… But what does that mean if you are looking to buy a home in the near future? Many in the housing industry have predicted that the Federal Open Market Committee (FOMC),the policy-making arm of the Federal Reserve, would vote to raise the federal fund’s target rate at their
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Buying is Now 37.7% Cheaper Than Renting in the US
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The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range is an average of 17.4% less expensive in Honolulu (HI), all the way up to 53.2%
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Taking the Fear out of the Mortgage Process
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A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification. For many, the mortgage process can be scary, but it doesn’t have to be! In order to qualify in today’s market, you’ll
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We’ve applied for the mortgage…now what?
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Applying for a mortgage these days can be a bit confusing and even discouraging. However, it doesn’t have to be that way!  The more you know about the process and what to expect, the easier it will be. So, what happens once the mortgage application is submitted? An appraisal will have to be performed to
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Reasons Why You Shouldn’t Try Selling Your Own Home
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1. You usually don’t put more money in your pocket. Take into consideration that most buyers who try to buy directly from owners are going to pay less BECAUSE there is no Realtor involved. Statistics show that using a professional Realtor will bring you 10 -20% net dollars in your pocket.  2. Paperwork, compliance, more paperwork…
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