Gaining a mortgage preapproval is a huge advantage when you buy a house, as it makes your offer attractive to sellers since you're giving them a good assurance the deal won't fall through. It also means you're eligible for a specific loan amount, whereas "prequalified" merely says you have a chance to get the loan. But what requirements should you prepare for the preapproval process? Reasons to Continue Reading about Facts About Mortgage Preapproval When You Buy a House
Home Buying
Keeping Stress Away Through the Home Buying or Selling Process
Regardless of you being a buyer or a seller, home buying/selling process is definitely a rough phase to pass through. However, it’s hard to keep stress at bay, especially during the lowest and hardest points of the process. For buyers, it could be the phase of finding an ideal home, going through the negotiation, and moving in. On the other hand, the headaches of meeting buyer’s demands Continue Reading about Keeping Stress Away Through the Home Buying or Selling Process
What to Know When You Buy a House Before Marriage
Many people opt to buy a house before marriage these days, but you must take into account how to protect yourself financially and legally if things go sour. Dreaming of a new home with your loved one is sweet, but going through the process can be exhausting. Expect some headaches when talking about finances, and some uncomfortable emotions when drafting agreements. For example, you must be clear Continue Reading about What to Know When You Buy a House Before Marriage
Get a Michigan Buyers Agent for a Smooth Home Buying Experience
A buyers agent is key to a successful real estate buying transaction, because their job involves buying the best ideal home at the least possible price. It is also about having a smooth home buying experience despite the complex nature of the real estate market. Of course, you can choose to go solo when buying a home, but you'll miss the big advantages that a professional real estate agent can Continue Reading about Get a Michigan Buyers Agent for a Smooth Home Buying Experience
Knowing How Home Buyers Looks for a House to Buy
Have Huge Advantages by Knowing How Home Buyers Looks for a Property to Purchase There are important factors that you should think about in planning to sell your house. One of these points is to know how do home buyers look for a property that they will purchase. Having enough ideas on such factor can let you turn those to your advantages, thus letting you efficiently sell your house to the Continue Reading about Knowing How Home Buyers Looks for a House to Buy
Changing the Real Estate Closing Date of a House Property
Real Estate Closing Date of a House Property is something to Think About The desire to change the closing date of the real estate deal can happen to you, regardless if you are the seller or a buyer. The closing date is the agreed time wherein the buyer and the seller would finish all the paperwork and documents. This is usually around 50 days after an offer is accepted, although the two parties Continue Reading about Changing the Real Estate Closing Date of a House Property
5 Rules for Buying a Home in a Seller’s Market
Are you buying a home this year? Keep these five rules in mind to get the home you want in a seller's market: Save for a Down Payment To qualify for a home loan, you’ll have to provide documentation of your income and debt. If you want to take advantage of the best mortgage rate, a higher down payment will make a big difference, and aiming for 20% down is ideal to avoid the higher interest Continue Reading about 5 Rules for Buying a Home in a Seller’s Market