CT Homes

AUGUST 31, 2020

There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment. In many markets the reality may tell a different tale.

Earnest money deposit 105

Earnest money deposit Pre-qualification Pre-approval Inspection 105

CT Homes

AUGUST 31, 2020

There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment. In many markets the reality may tell a different tale.

Earnest money deposit 52

Earnest money deposit Pre-qualification Pre-approval Inspection 52

CT Homes

AUGUST 31, 2020

There is a huge difference between a pre-qualification and a pre-approval. Most lenders or mortgage companies will issue a pre-qualification letter after reviewing the credit report and taking verbal information on income, assets and employment. In many markets the reality may tell a different tale.

Earnest money deposit 52

Earnest money deposit Pre-qualification Pre-approval Inspection 52

HomeLight

JUNE 28, 2021

In competitive seller’s markets , some buyers will strengthen their offer with an escalation clause. But even in a strong seller’s market, mishandling offers with escalation clauses can backfire. In a competitive market , buyers can get caught up in the bidding process, offering more money than the home is worth.

Earnest money deposit 70

Earnest money deposit Purchase and sale agreement Pre-approval Pre-qualification 70

HomeLight

JULY 31, 2020

Loan approval. Interest rates can spike unexpectedly which can affect qualification if the loan is not locked, or the buyer’s credit score or income can change, causing the underwriter to reject the loan. These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them.

Closing 110

Closing Purchase and sale agreement Title search Earnest money deposit 110

HomeLight

MARCH 6, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. The benefit of owning a house far outweighs what might be considered a higher interest rate in the current market.”

Closing 88

Closing Earnest money deposit Sales Title 88

HomeLight

MARCH 2, 2023

Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. CalHFA works through approved lenders, and buyers apply for the program through their loan officer.

Closing 93

Closing Earnest money deposit Sales Inspection 93