Why is it important to check my credit report? There is one key piece of paper to have in hand before you start looking for that perfect home that will increase your chances of having your offer accepted: pre-approval from a mortgage lender. And the lender will run a credit check as part of issuing…
After the rush of offer and counter-offer deadlines, the home buying process slows down considerably, since it can take up to 45 days before closing and moving in. What’s going on? The largest part of this time is taken up with the mortgage loan approval process. You have probably already been in contact with lenders…
Let’s make a deal! The offer is in…you’ve got your fingers crossed. And you are probably feeling anxious. When an offer is presented, two things are almost always certain: the seller knows the buyer most likely will pay more than their offer, and the buyer knows the seller most likely will take less than the…
So you’ve decided to buy a home. Whether you’re young and tech-savvy, older and experienced, or somewhere in between, you’ve probably got a system for searching for that home. You regularly visit realtor.com, Zillow, Trulia and Craigslist, and you’ve been…
Ah, every seller’s dream: a full price cash offer, no building inspection or appraisal, closing at seller’s convenience, not contingent on sale of buyer’s home, large earnest money deposit and no request for items not included in the listing. Or, better yet, a bidding war with multiple offers that exceed the list price. This, of…
