21
Nov
By support
Real Estate, ,

3 Critical Tips for Buying a Home in a Short Sale

You just found your perfect home, and you feel like everything is right including the price. But, what could be wrong with your ideal home? Maybe, it is being sold as a short sale, and that could present a major challenge if you want to become be the eventual homeowner. Short sales are different from other conventional real estate transactions since the property in question is usually listed at a price that is much lower than the amount of the outstanding mortgage debt. Unlike a regular sale, the homeowner must obtain permission from the lender before proceeding with the transaction.…
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16
Nov
By support
Real Estate, ,

5 Home-Buying Pitfalls To Avoid

Buying your home can be nerve-racking, especially if it's the first time. The buying process is exciting and often complex. The chances of making a mistake are relatively high.  In today's real estate market where demand surpasses supply, you can't afford to make mistakes. And this is just the tip of the iceberg. If you are in the market to buy a house, here are five pitfalls avoid.  Not Doing Your Homework Well  Fortune favors the prepared in real estate. And preparedness begins with understanding your finances. A wise buyer examines assets, analyzes debts and gets finances pre-approved before jumping…
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27
Jun
By support
Mortgage, ,

Understanding the Factors That Impact Your Credit Score

Most consumers believe if they pay their bills on time, they need not worry about their credit score. Oftentimes, it is a rude awakening when they apply for a mortgage loan, car loan, or any revolving credit to learn they are not going to get the lowest rates available due to their credit score. This is because paying bills on time only accounts for 35 percent of your credit score. The remaining 65 percent is spread out among other factors that impact your credit score. Credit Usage and Impact on Score Nearly one-third, 30 percent, of your credit score is…
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22
Jun
By support
Real Estate, ,

3 Tips For Getting The Most Out Of Your Time House Hunting

In the ideal home-buying scenario, you'd have plenty of time to find the perfect home. However, this is not always possible. Maybe you are relocating for a job and have to buy a house from across the country. If this is the case, you might have to limit the time that you spend house hunting. Here are some tips to help you make your search as productive as possible.  #1 Get A Mortgage Pre-Approval  Before attending open houses and searching for a home, you should get pre-approved for a mortgage. Getting pre-approved for a mortgage will help you identify the…
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20
Jun
By support
Real Estate, ,

House Hunting When You Are In A Time Crunch

In an ideal world, you'd have plenty of time to find the perfect home. However, that does not always happen. Maybe you are relocating because of a job transfer. Fortunately, it doesn't have to take months to find the perfect home. You can speed up the process of buying a home utilizing some tried and true tips.  Here are some of the best ways to speed up the house buying process.  Find An Experienced Real Estate Agent  An experienced agent likely has an extensive network and many connections. They might know what properties are coming on the market before anyone else…
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