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Mortgage Pre-Qualification vs. Pre-Approval: What’s the Difference?

HomeLight

Like pre-qualification or pre-approval. Let’s lay it all out: How pre-qualifications and pre-approvals are similar Pre-qualifications and pre-approvals have a few things in common. Learn More What’s a pre-qualification? But what exactly are they?

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How Long Does It Take to Buy a House?

Realtor.com

Step 1: Getting mortgage pre-approval. To help illuminate what’s going on, here’s a rundown of the various stages you’ll encounter while home shopping to help you plan your buying timeline just right. Step 1: Get pre-approved for a mortgage. kali9 / Getty Images Table of contents: .

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Navigating Careers in Real Estate: A Comprehensive Guide

Realty Biz

Buyers, investors, sellers, and the go-between, real estate agents, brokers, appraisers, etc., Top-tier Real Estate Agent Agents and realtors need no introduction. Let’s see what requirements you need to meet to become a licensed real estate agent in the United States! However, each party must have an asset to trade-off.

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Why does selling real estate seem so much harder?

Real Trends

Most agents only need one or two transactions per month to make a good living and three to four per month to make close to or over a million dollars in gross commission income. You have tons of buyers who say they want to buy, and ask to see homes but haven’t gotten pre-approved yet. This means fewer transactions.

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The Difference Between a Real Estate Agent and a Mortgage Broker

Windemere Buying

Throughout the course of buying a home, you’ll work with a variety of professionals, all with specific training to help you through each stage of the process. One important distinction to be made is the difference between your real estate agent and your mortgage broker. How long have you been an agent in the local market?

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How to Choose a Lender For Your Real Estate Team

McKissock

These are all situations that have happened to many real estate agents, buyers, and sellers time and time again. Ensure Your Lender Does a Credit Approval for Your Clients. Often, lenders do a pre-qualification that is strictly based on the information that the client gives the lender. Meet with Lenders in Your Area.

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Selling a Home at Auction: Pros, Cons, and How to Get Started

HomeLight

And do you still need a real estate agent if you decide to take your home to auction? Eyal Pasternak, owner of Liberty House Buying Group in Miami, Florida, says the main reason homeowners sell their properties at auctions is that they can get deals done quicker rather than relying on a real estate agent. What are the steps involved?