Pre-Qualified vs. Being Pre-Approved: What’s the Difference?
The real estate finance industry is worth $3.5 trillion. Financing is a desirable option when buying a home. Prospective homeowners can get a mortgage based on their affordability, their credit, and other unique factors such as the home they buy. Homebuyers also...
How Has COVID-19 Affected Home Buyers and What Does the Future for Home Buyers Look Like?
Buying a home is already a stressful experience, and the COVID-19 pandemic is changing the dynamics of the real estate market at a rapid pace. If you’re currently in the market for a home, it’s important to know how the pandemic has affected buyers, and...
How Much House Is Too Much: How Much Mortgage You Can Actually Afford
Mortgage rates are at historic lows right now and the inventory is scarce. Few houses and lots of buyers mean that houses are often going for above the asking price. When you getting into bidding wars with other potential buyers, it begs the question: how much house...
4 Reasons You Should Be Preapproved for an Equity Buy-Out in a Divorce.
Obtaining mortgage preapproval to purchase a new home has been common practice for many years. A preapproval shows the home seller that the buyer has the financial strength to obtain mortgage financing to successfully complete the purchase transaction. The mortgage...
