As a result of the ongoing mortgage crisis, it’s a lot more difficult to get approved for mortgage financing when purchasing a piece of property. Gone are the days of 100% financing and no doc loans. Now you actually have to prove you make the income you say you make and put a little skin… Continue reading Getting Pre-Approved with the Real Estate Agent’s Preferred Lender
Month: May 2012
The Open House Scam Your Agent Doesn’t Want You to Know
If you’re planning on selling your home in the near future, or currently have it listed, you’ve probably considered an “open house” or two to help facilitate the sale. Put simply, an open house is an event where your listed property is made available to the general public (anyone off the street) to tour for… Continue reading The Open House Scam Your Agent Doesn’t Want You to Know
What You Second Guess, Your Buyer Will Too
When looking for a suitable property, you’ll probably have some “deal breakers” that you just can’t bear to live with. Perhaps you don’t want a home that is too close to the freeway, or a home with only one bathroom. Whatever it may be, it’s clearly a negative. And if you have a problem with… Continue reading What You Second Guess, Your Buyer Will Too
Insulting Price Reductions in Real Estate
If you’ve ever bought a house or sold one, you’ve likely come across the conventional buying etiquette that says not to make a super low-ball offer. Sure, you can underbid for a home, but if you offer something too low, it will come off as offensive to the home seller and their listing agent. While… Continue reading Insulting Price Reductions in Real Estate