mortgage pre-approval

Applying for a mortgage pre-approval and your credit score

Mortgage pre-approval is needed in order to make an Offer in our area. Anyone without one appears disorganized, at best, and is likely to be written off by a seller as not worthy of consideration, at worst. The first question from a seller or seller’s agent about an offer is “How much?” The second is

By |2022-07-06T10:10:44-04:00July 13th, 2022|Categories: buying process, Mortgage matters|Tags: , |

Making Two Offers on the Same Weekend: Bad Ideas in Real Estate

I am starting a new series: Bad Ideas in Real Estate These are ideas that I hear, either socially or from prospects or clients, that do not work. They are usually “tricks” that someone picked up online, or heard from someone they know. I start this series with a tactic that crossed my path this

Follow the Money: Fees, Deposits, and Escrows When You Buy Real Estate

There are times during a real estate transaction when you will be required to spend money. Some are deposits, some are fees, and some are refundable. At offer: When you make an offer, you will provide a deposit check for $1000 or $5000, depending on your price range. That check is not cashed unless your

By |2021-05-09T11:54:24-04:00May 12th, 2021|Categories: buying process|Tags: , , , , , |

When should I apply for a mortgage pre-approval?

Mortgage pre-approval is needed in order to make an Offer in our area. Anyone without one appears disorganized, at best, and is likely to be written off by a seller as not worthy of consideration, at worst. The first question from a seller or seller's agent about an offer is "How much?" The second is

Pre-approvals and accepted offers

Mortgage pre-approval is an essential part of any offer. If you cannot show that you have already researched your ability to buy a property, you are not ready to offer money for it. This is common sense. But, not all pre-approvals are created equal. Experienced agents and agents in well-run offices know that some lenders