July 2019

Found 4 blog entries for July 2019.

What To Put On Your Home Wish ListWhen getting ready to look for a brand new home to buy, most buyers already have an idea of what sort of features they want, and it could be anything from hardwood floors to a big yard with a patio. Before buyers go to home showings, they should put together a home wish list to organize everything they want and have an answer for all the questions their agent will ask when trying to find them the prefect home. Here are some things to consider when making a wish list.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Wants and Needs: How to Differentiate Between Them

Many people are familiar with the term “wants versus needs” and how it’s used to organize

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Start to a Home-buying BudgetIt pays to not get more home than can be reasonably afforded. A home-buying budget can help create a financial cushion when first purchasing a home, making it easier to make regular mortgage payments and upgrades to a home. Know how to get started on a realistic home-buying budget today.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

Review Current Expenses

When buying a home, the amount of debt to an applicant's income will be of interest to lenders. Before looking for a mortgage lender, review your credit history, credit card and banking statements over the last three months. Assess how much money generally goes towards expenses like:

  • Car or
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Accepting a Cash OfferWhen a homeowner is looking to sell their home, especially in a sellers market, they may get multiple offers, including those involving cash offers. While many buyers are financing their home with a conventional loan, a few may be able to make an offer in cash. What does this mean for the seller? Is a cash offer a better route than working with buyers financing with a lender? These are only a few questions that pop up when getting such an offer for the first time. Understand more about what happens when accepting a cash offer on a home.

What Is a Cash Offer?

A cash offer is an attractive option for many sellers. In fact some will accept a lower cash offer over a higher offer made with financing. An all-cash offer is one in which a buyer does not

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Seller Financing GuideNot every seller is in the position to offer seller financing, but those that do can benefit from a sizeable return and may be able to close on a home faster. This can be a useful option for those wanting to sell in a market with stringent credit requirements for buyers. It is important for a homeowner to consider whether seller financing can be a practical alternative and if it is possible to take on the responsibility of financier. Understand more about seller financing and when it is a useful choice to sell a home.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

What Does Seller Financing Mean to the Homeowner?

Not everyone can assume a lender's

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