Getting pre-approved before you shop for a home is the best thing you can do to boost your chances of winning the bid. Would a conditional approval be better, though? They sound the same, but are they? Compare Offers from Several Mortgage Lenders. Realistically, a conditional approval and a pre-approval are different. They have the same basis, but the conditional approval is … [Read more...] about How is Conditional Approval Different From Pre-approval?
Buying a Home
Can You Buy a House with Bad Credit?
If you have bad credit, it doesn’t have to keep you from buying a home. Many lenders offer programs for people just like you. With the following steps, you can make the American Dream of owning a home part of your reality. Get Matched with a Lender, Click Here. Increase Your Credit Score The first step is obvious. You should try to increase your credit score as much as you … [Read more...] about Can You Buy a House with Bad Credit?
For Sale by Owner (FSBO): How to Get the Best Deal
If there’s one thing most homebuyers have in common, it’s wanting to get the best deal on a home. Buying a for sale by owner or FSBO home is no exception. The difference is, though, that you are on your own. You don’t have the expertise of a real estate agent negotiating on your behalf. Looking for Current Mortgage Interest Rates? Click Here. Luckily, this doesn’t mean … [Read more...] about For Sale by Owner (FSBO): How to Get the Best Deal
Who Pays Realtor Fees?
Realtors earn a commission when they sell a home. Whether the realtor represents the buyer or the seller, he or she earns money. But who pays those fees? If the buyer doesn’t have a realtor, but the seller lists with one, essentially, a realtor still earns a commission, so someone has to pay. Get Matched with a Lender, Click Here. Who pays the fees and how does it affect … [Read more...] about Who Pays Realtor Fees?
Understanding House Auctions
If a homeowner defaults on his mortgage long enough, the lender may send the home to auction. This final step in the foreclosure process sells the home to the highest bidder. The process takes a long time and is risky for buyers, but it can work out for everyone in the end. Get Matched with a Lender, Click Here. Just how does it work? Keep reading to find out. Defaulting … [Read more...] about Understanding House Auctions