Buying a new home is literally a team sport since there are so many tasks, important timelines, documents and responsibilities that all need special care and attention. Besides working with a professional team that you trust, it’s important that the individual players have the ability to effectively communicate and execute on important decisions together as [...]
Do I Have To Sell Before I Buy?
Although every situation is unique, it is not uncommon for home buyers to qualify for ...
Seven Things Your Agent Should Know About Your Mortgage Approval
While many experienced real estate agents have a general understanding of the mortgage approval process, there are a few important details that frequently get overlooked which may cause a purchase to be delayed or denied. New regulation, updated disclosures, appraisal guidelines, mortgage rate pricing premiums, credit score, secondary approval layering, rescission deadlines, property type, HOA [...]
Ten Credit Do's and Don'ts To Bear In Mind Prior To Getting Your Mortgage Loan
How can a fully approved loan get denied for funding after the borrower has signed loan docs? Simple, the underwriter pulls an updated credit report to verify that there hasn’t been any new activity since original approval was issued, and the new findings kill the loan. This generally won’t happen in a 30 day time-frame, [...]
Four Possible Reasons To Refinance
A mortgage is generally the largest debt most homeowners have to manage. It’s a good idea to give your personal real estate finance portfolio a check-up at least once a year. Since there are many reasons a homeowner may choose to refinance, we’ll take a look at the four most common. 1. Mortgage Rates Drop: Typically, the [...]
Where Does My Earnest Money Go?
Hey, I gave my real estate agent a $5000 Earnest Money Deposit check… Where does that money go? A basic and very obvious question that most First-Time home Buyers ask once their purchase contract gets accepted. When a buyer makes an offer to buy residential real estate, he/she generally signs a contract and pays a [...]
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Who Owns My Home If I Have A Mortgage?
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Top Mortgage Terms To Know
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Top 8 Things To Ask Your Lender During The Application Process
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Common Documents Required For A Mortgage Pre-Approval
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Calculating Loan-to-Value (LTV)
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Do I Have To Sell Before I Buy?
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Assembling Your Home Buying Team – Knowing The Players
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8 Questions Your Lender Should Answer About Mortgage Rates
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How Much Can I Afford?
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Seven Things Your Agent Should Know About Your Mortgage Approval
