"Spring Housing Market 2023: A Sweet Spot for Sellers" - What the Experts Are Saying
Timing is crucial when selling your home, and it's important to consider both financial and personal factors. With the right expert advice, understanding of market conditions, and effective preparation strategies, you can successfully navigate the seller's market and make the most of the current real estate landscape.
Can I buy a house without 20% down?
Are you dreaming of owning a home but held back by the misconception of needing a 20% down payment? We're here to debunk this myth and reveal the truth about down payments, demonstrating that homeownership is more attainable than you might think. Explore various programs available for qualified buyers, such as low down payment loans and down payment assistance options. Learn how to do your homework, understand your options, and work with a real estate advisor to start your journey to homeownership. Don't let the 20% down payment myth stand in your way—connect with our team of expert real estate advisors and take the first step towards owning your dream home today
What Is Pre-Approval?
Getting pre-approved for a mortgage is an important first step toward purchasing a home. A pre-approval, as explained by Business Insider, gives you valuable information about the types of loans you may be eligible for, the amount you can borrow, and the interest rate you can expect. This information can assist you in better understanding your options and determining how much house you can afford.
A lender will examine your finances, including your income, debt-to-income ratio, credit score, and employment history, during the pre-approval process. Based on this information, the lender will determine how much money they are willing to lend you.