There are many people who are considering buying a home because the current market is so attractive. With the ability to carry out virtual tours, this makes it even easier for people to find the home of their dreams. While the fun part is looking at houses, it is important to get pre-approved for a home loan first. There are a few reasons why everyone must get pre-approved before they start the process of shopping for a home. This Provides A Chance For People To Get Their Finances In Order … [Read more...]
Some Millennials Are Finding Home Buying Overwhelming
Many millennials are reaching the age where they are thinking about buying homes for the first time. It turns out that many members of this generation are finding this process challenging. Even though the housing market is great for those looking to buy, surveys indicate that this generation also finds the process overwhelming. Reports have been published showing that many millennials are planning to buy their first home in the next year, showing that owning property is still a strong part of … [Read more...]
5 Options To Consider When Your Appraisal Comes In Low
Yikes! You are set on buying the home that you picked out and the appraisal comes back at a lower amount than the amount needed for the home loan to be approved. What do you do? After you calm down your significant other and then take three deep breaths, here are some options to consider. Request A New Appraisal Appraisals are only one person's professional opinion. There are rules that must be followed when making an appraisal; however, there is still some flexibility in how to apply the rules. … [Read more...]
Auction 101: Bidding On Your First Property
With the right combination of strategy, knowledge, and luck, flipping houses can create big profits for short-term investors. However, your path to success starts at your first auction. For first-timers who are intimidated by their lack of experience at public auctions, follow these steps to ease the confusion of your first property purchase. Locate Auctions In Your Area Finding live auctions is as simple as an internet search. Websites run by government agencies list homes that have been seized … [Read more...]
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