Mortgages Pre-approval Pre-qualification Short sale 
Realty Biz
SEPTEMBER 23, 2023
When choosing a buyer's agent, consider factors like experience and qualifications. Understanding the mortgage process, including prequalification and pre-approval, is also essential. Understanding the Mortgage Process When purchasing a home, understanding the mortgage approval process is essential.
RIS Media
SEPTEMBER 21, 2020
Approved for short sale : A term that indicates that a bank has approved a homeowner for a reduced listing price on a home, and said home is ready for resale. Mortgage interest rate : The price of borrowing money. Short sale : The sale of a home by an owner who owes more on the home than it’s worth.
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HomeLight
JULY 31, 2020
Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. Because the entire sale hinges on securing this loan, it is a top criteria for closing, and it’s also the most common reason for a delay in the closing process. Short sale.
HomeLight
OCTOBER 5, 2020
As fate would have it, right when you’re ready to start seriously searching for a home to buy, your dream house is listed for sale as a short sale. If you don’t know about short sale requirements for buyers, you might feel like you’re out of luck. What’s a short sale?
The Close
DECEMBER 29, 2022
Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. Adjustable-rate mortgage (ARM). Assumable mortgage. Acceleration clause.
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