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
Housing Market 2021
Housing Market Recap of 2020 and into 2021
The average home selling rates normally hover around 97-102% of its original listing price, however, due to the uncertainty of the pandemic prices began to fluctuate, hovering around 10 to 15% below their initial listing price from February to May of 2020. By June the market settled down to the base averages, however, it all changed in the months starting September of 2020 where the real-estate Continue Reading about Housing Market Recap of 2020 and into 2021