Fall is a unique season in real estate. Even though you’ll likely find fewer buyers and less competition, the most desirable homes can still generate fierce competition. Preparation, timing, and market awareness can make or break your experience. Here are some preliminary steps to take in early fall. An experienced agent is as important as […]
Fall might be the best time to buy a house according to data details on Realtor.com®. Buyer-friendly conditions include more listings, lower prices, price cuts, and less competition. Buyers don’t have to move quite as quickly as they do in the peak of the spring and summer buying season. That can be especially good for […]
The Best Properties Aren’t Always the Best Looking When searching for a house, remember that the best properties aren’t always the best looking. A picture is worth a thousand words, the saying goes. But what that saying doesn’t mention is that a picture can hide cracked floorboards, busted boilers, and leaky pipes. So, while it’s […]
Pricing a home is both art and science. To understand what will inform your agent’s pricing decisions and prepare to bring your own educated input to the conversation, you have a few resources at your disposal to figure out where your house stands among the crowd: a listing agent’s expertise and guidance, plus online property […]
At the home inspection, it can cause almost as much anxiety for you as a seller as it does for buyers. Most purchase agreements are contingent on a home inspection (plus an appraisal, which will be managed by the buyer’s lender). This gives allows the buyer to inspect the home from top to bottom and […]
Selecting and interviewing an agent is the most important relationship you’ll form on your home selling journey. Pick the right agent and you may get a better sales price for your house. Next, deciding what your home is worth and pricing it is what you will determine with your agent. The right price can attract […]
Do You Have to Stick With the Lender Who Processed Your Mortgage Preapproval? Preapprovals are just a preliminary assessment rather than a binding commitment, so borrowers aren’t tied to the lender who preapproved them. After being preapproved, home buyers can and should shop around to find the best lender who can offer the best possible […]
Does a mortgage preapproval affect your credit score? While some mortgage preapprovals may result in a hard credit inquiry and affect a borrower’s credit score, however, the mortgage preapproval’s impact alone shouldn’t fundamentally change the status of your credit. Exploring multiple lenders is often beneficial and shouldn’t significantly impact a prospective home buyer’s credit score. […]
You might wonder if a borrower can be denied a loan after mortgage preapproval? While mortgage preapproval may help indicate what type of mortgage a borrower may qualify for, it doesn’t guarantee final approval for a loan. Many factors can impact what ultimately happens with a mortgage. For example, a consumer might be denied a […]
You can prepare with for the mortgage preapproval process with these four steps: Obtain a free credit score: A credit score of at least 620 is often recommended in qualifying for a mortgage, though higher scores can benefit you with the loan amount and interest rate. But some lenders will approve borrowers with lower scores. For […]
