Everyone seems to have an opinion when it comes to short sales – they’re too good to be true, they’re a nightmare, they’re a great deal, don’t even bother…. No matter what you’ve heard, the bottom line is this: buying a short sale home is a complicated process. A short sale is a sale forContinue reading “Buying a short-sale property? Read this first..”
Monthly Archives: October 2022
Some have compared appraisals to a report card for your house. Banks and lenders want to make sure that lending you money is a good investment for them and ensure the home is what it seems. On the other hand, sellers are interested in appraisals because they ultimately impact the asking price. The process ofContinue reading “Appraisers: Demystified”
Could empty office buildings bring down home prices?
What if I told you that some of the country’s most desirable real estate locations are currently sitting mostly un-utilized? What if I also told you that these places could be a key to opening up more opportunities for homebuyers, senior citizens, etc. More opportunities means more housing. More housing means more supply. More supplyContinue reading “Could empty office buildings bring down home prices?”
Does Pre-Qualification Mean I’m Approved?
When it comes to mortgages, pre-qualification and pre-approval may seem interchangeable, but they actually mean different things and hold different weight when it comes to submitting an offer on your dream home. Mortgage pre-qualification helps lenders to understand how much you can borrow by asking you a few questions about your finances. For example, theyContinue reading “Does Pre-Qualification Mean I’m Approved?”