Posts in category 'Buyers'

You know how tough it is to qualify for a mortgage.

Proof you've got a long-term job with ample income. A credit score to the moon. Your life's savings as a down payment. More cash stashed away. A debt-to-income ratio to die for. For some, tax returns for the last two years.

You've been there, done that. For weeks now. Maybe a month or more.

You've fought the good fight, you've run the gauntlet of mortgage qualifications and you have your signature-tired hands on that coveted home loan approval.

Now, all you have to do is not blow it.

For goodness sake, don't make any surprise financial moves that could cost you your home loan.

Your mortgage approval is primarily based on documenting your income and assets, your equity stake or down payment, your credit and the cash you'll have left over after the deal is done.

Once you have a mortgage approv...

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Buying a home is like searching for a mate. You'll go on many first dates and in the end, the one that has most, but maybe not all of the characteristics that you want will win your heart.

However, first-time buyers and sometimes even serial homebuyers are disappointed by how long the process takes. Yet they may not understand how their expectations, beliefs, and lack of action may be causing the delay in finding the right home.

Here are five pitfalls that buyers can fall into that cause them to let the right home slip by.

Seeing a home "as-is". I don't mean that buyers should not view homes on the market that are listed for sale "as-is"; rather I mean not being able to see beyond the "as-is" home. In other words, some buyers walk into a home and are immediately turned off by something as simple as the color of paint which...

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When a bidding war starts on a home, it's great news for the seller. Except, of course, when you're the one who's trying to buy the home – in this case, a bidding war can be frustrating and stressful. Hopefully, you're aligned with an experienced real estate agent because a good agent is a reliable source of information and advice who can help navigate you through the process.

However, even the greatest agents can't guarantee victory. There are dozens of reasons why a seller may pick one bid over the others, and it doesn't always come down to who bids the highest. But, there are some things you can do to help make your bids look more attractive to the seller. Here are five tips that might just help you win the bidding war.

#1: Get Pre-Approved by Your Lender

These days, no smart home buyer enters the field without first getting pre-qualifie...

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