Tag Archives : buyer

Importance of Mortgage Appraisals in Lending Process

Importance of Mortgage Appraisals in Lending Process

Mortgage appraisals have paramount importance in lending process. Now days almost all banks hire appraiser to estimate value of borrower property before lending them loan. So in other words lending depends on the report made by appraiser so it is up to borrower that how he will impress lender or appraiser to get loan.

House Purchase Loan

House Purchase Loan

Purchasing a house of dream is the first priority of many people but there financial status keeps them away from fulfilling their dream. One has to be very careful while locating site for his home and even more careful when it comes to lend a loan.

First Time Home Buyers Loan

First Time Home Buyers Loan

Buying a home for the first time and borrowing for it may difficult at first sight but there is always help available from lenders and real estate agents. You can also ask advice from your relatives and friend. Financial assistance can also be sought through may government schemes.

Rent to Own vs Own to Rent

Rent to Own vs Own to Rent

There is a good chance that options might not get exercised. Sellers who have identified potential and struggling markets, these options can be a method for creating maximum profit by investing a small capital. Brokers give sellers prospective to sell their homes and buying them at some time in the future. A contractor needs to have full information on the market and get advice from a real estate attorney on executing the agreements.

Advantages of Hiring a Real Estate Agent?

Advantages of Hiring a Real Estate Agent?

Selling property is a very challenging job without a real state agent. Legal matters and contracts are some of the major responsibilities of an agent that are extremely difficult to handle for a common person. Agents are more experienced when it comes to selling property and you can count on them for handling property matters.

Procedure to Terminate a House Purchase Agreement

Procedure to Terminate a House Purchase Agreement

The procedure for the sale of house is very complex. It does not just include the making of a contract with your buyer, but apart from this you have to comply with certain legal as well as other requirements as well. If these contingencies are not fulfilled, your buyer may withdraw the deal with you.

Foreclosures: Pros and Cons

Foreclosures: Pros and Cons

Buying a foreclosure can be very profitable to you. At the same time, there are a few grey areas that you should know about first. Investing in a foreclosure can save you money but also provide you with a lot of other things that will require hard work and repairs.

Agent’s Sale Commissions

Agent’s Sale Commissions

It is always good to remember that the listing a house in MLS is not a bad move. Rather than being intimidated, the sellers must look at the marketing, staging and negotiating aspect of the situation. Of course, some time and effort are required, but the eventual payoff is more than the thousands of dollars spent in sales commissions.

Re-Decorating Your Home for Quick Sale

Re-Decorating Your Home for Quick Sale

When someone is going to buy home to live he is actually looking to fulfill their dreams, want better lifestyle. So the purpose of staging is to impress such buyers. It is the quick way to sell home at the highest possible price.

Foreclosed Homes: A Good Investement Option

Foreclosed Homes: A Good Investement Option

A great opportunity for prospective home buyers and property investors has come with mortgage crisis and recession, which has left in its wake an avalanche of foreclosed properties. This window of opportunity though is rife with perils, especially if approached via the public auction. Banks offer better passage, however, at cost.

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