Buying a home is one of the most important purchases you’ll ever make. We’re here to help you understand the home buying process so you know what to expect. Today, we’re talking about what you need to do before you even begin. What can I afford? Figuring out what you can afford will determine the course of your home buying process. This all depends on a few different factors including how Continue Reading about Questions to Ask yourself Before Buying a Home
Pre-Qualified vs Pre-Approved
One of the first steps in purchasing a home is getting either pre-approved or pre-qualified for a mortgage. Unless of course, you’re buying with all cash. 😁 It’s very easy to get confused between the two things. So, should you get Pre-Qualified or Pre-Approved for a mortgage loan? Without getting into too much detail, we’ll give you just the essentials in understanding the difference, not Continue Reading about Pre-Qualified vs Pre-Approved
What is a Contingent Offer?
In real estate, a contingent* offer is an offer made on a property, which says that certain conditions must be met in order for the sale to be completed. These contingencies usually involve the home appraisal (the home value determined by an appraisal), home inspection, and receiving approval for your mortgage. They may also include an offer contingent on the sale of the home the buyer (you) Continue Reading about What is a Contingent Offer?