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Are Mortgage Rates Back to “Normal”?

Lighter Side of Real Estate

Get Pre-approved Ahead of Time You should always get pre-approved before you actually start looking at homes you want to buy, but many people don’t. But beyond that, getting pre-approved ahead of time is a good chance to speak to a few mortgage professionals and get a feel for them, which leads to… 2.

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Mastering Mortgage Basics: 10 Key Concepts Every Homebuyer Should Know

Redfin

You then make monthly payments, including principal and interest, over an agreed-upon term (usually 15 to 30 years) until the loan is fully repaid. Government-backed loans, such as FHA or VA loans, provide more flexible qualification criteria and specific benefits. What is a mortgage? How does a mortgage work?

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Is Buying Leads a Good Option for Agents?

The Residential Specialist

Lucette Wallach, principal broker with eXp Realty in Brookings, Oregon, purchased leads when she moved from California to Oregon. She finds this establishes trust faster than pre-qualification and gives her an opportunity to see more listings. Buying leads helped prime the pump for me,” she says. When you’re new to an area.

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Your Homebuyer’s Guide to How to Pay Off a Mortgage Faster

HomeLight

Taking on a mortgage is no casual agreement — which is why the loan qualification process is so stringent — but you’ll nearly always have options. When you signed on the dotted line for your 30-year mortgage , it probably felt equal parts daunting and surreal. Hey, you never know!). What do financial experts think about early mortgage payoff?

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Options to Unlock Your Home Equity When Finances Are Tight

HomeLight

What qualifications do I have to meet to access my home’s equity? DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. With that knowledge, you can be prepared to make the most out of the equity in your most valuable investment. How Much Is Your Home Worth Now?

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How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

Second mortgages : These are loans you can take out to subsidize the down payment in addition to taking out a principal mortgage. The first time you do something is always the hardest, and buying a house is definitely no different. Sometimes you’ll even find grants to help you with closing costs and down payments. Sound great? Sure it does!

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How to Become a Real Estate Agent in Florida in 5 Easy Steps

The Close

Proof that you have completed the necessary educational requirements to take the exam (Florida Division of Real Estate Authorization Notice and the Certificate of Pre-Licensing Education Completion). Are you ready to become a real estate agent in Florida? Here are the steps you’ll need to follow: 1. Complete a 63-Hour Prelicensing Course.

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