A mortgage is a commitment for you, and a risk for the lender. If you stop making payments on your mortgage after the home value drops from the original purchase price, the lender can sell the house in a foreclosure sale. If the foreclosure sale does not cover the remainder Read more…
A prequalification loan letter is not as good as a preapproval loan letter because the information provided by you to the lender is not verified. You basically let them know your income and debts allowing the lender to come up with a quick estimate of how much you can borrow. Read more…
Luxury Condo Doorman Pet Friendly Elevator In-Unit Washer / Dryer Outdoor Space Dish Washer Gym Parking Sky View Parc Yes 2 rooftop dog parks Yes Yes Private 6-acre rooftop garden w/ BBQs, swimming pool, tennis courts, basketball court, children’s playgrounds Yes Yes Yes The Grand Yes 2 rooftop dog parks Yes Yes Private Read more…
No, providing buyer rebates will not affect the services that we offer. We are a full service brokerage offering home buyers a commission rebate. We aim to meet or exceed your expectations with a high level of real estate brokerage services.
If you are already working with a real estate attorney, then a closing agent may not be necessary as your real estate attorney can also be the acting closing agent with a checklist of required task items to cross off before the closing. Otherwise, get referrals from real estate agents, Read more…
Generally, mortgage lenders will require 2-years of self employment income records to qualify for a loan. However, a No-Doc or Low-Doc loan is available to borrowers who can provide other supporting documentation when income documentation is not available. A No-Doc loan is designed for self-employed individuals with hard-to-verify incomes, and Read more…
Often times we are not able to have everything we wish for in a home due to a higher cost than anticipated or any unforeseen changes in financial circumstances. However to make owning a home a reality, consider your first purchase by going with a starter home. It will come Read more…
The rebate agent is being paid the same way as any real estate agent in a real estate transaction. The seller typically puts up 5-6 percent of the sales price to be split between the listing agent and the buyers agent (rebate agent). Depending on the commission split percentage, the Read more…
Escrow accounts are set up for home owners to manage their budgets because large property tax bills are due infrequently. The escrow accounts builds a reserve to pay these bills by collecting from the homeowner on a monthly basis. These escrow accounts are managed by lenders. Mortgage lenders will sometimes Read more…
Going to many open houses will open your eyes to the possibilities and realities of owning a house. It is a good opportunity to see if your image of a dream house matches up to the real houses available for sale. Browsing homes on the internet is never the same Read more…