When you are at the closing of a real estate transaction, you may hear the term “prepaid interest.” Here’s what it means: Prepaid interest charges are charges due at closing for any daily interest that accrues on your loan between the date you close on your mortgage loan and the period covered by your firstContinue reading “What Is Prepaid Interest”
Tag Archives: NY real estate
How Are Pre-Qualifying And Pre-Approval Different From Each Other
How Are Pre-Qualifying And Pre-Approval Different From Each Other? Pre-qualification is an informal way of presenting the amount you may be able to borrow. You can be pre-qualified over the phone with no paperwork by telling a lender your income, your long-term debts, and the size of the down payment you can make. Without anyContinue reading “How Are Pre-Qualifying And Pre-Approval Different From Each Other”
Selling To A Friend Or Family Member
Selling your home to a friend or family member might sound easy. Not having to put your home on the market. Not having to find a qualified buyer. But if you choose to go this direction there are a number of things you should take into consideration. Get professional help. Both sides should be representedContinue reading “Selling To A Friend Or Family Member”
Improving Your Home’s Value
How can you improve your home’s value? Buyers generally seek the least expensive home and the best neighborhood they can handle. So, you want to present a home that fits in the neighborhood but doesn’t stand out too much. For example, if your neighbors are all four bedrooms, three baths, and three thousand square feetContinue reading “Improving Your Home’s Value”
Things to Know When You’re Ready To Sell
Selling a home is a big decision that involves a lot of preparation and work. Whatever your reasons for selling, effective marketing strategies will ensure that you get the highest possible price for your home. Read Also: Ways To Improve Your Credit Score I’ll provide you with professional, ethical, and confidential service and keep you fullyContinue reading “Things to Know When You’re Ready To Sell”
Ways To Improve Your Credit Score
When you apply for a loan, your credit score helps lenders decide how likely it is that they will get paid back. A credit score is based on information and formulas that help financial institutions make lending decisions. The higher your score, the better your chances of obtaining the loan. Here are some ways toContinue reading “Ways To Improve Your Credit Score”
Qualities To Consider When Choosing The Right Real Estate Agent
If you’re looking to buy or sell a home, it can be overwhelming in these challenging and confusing economic times. Finding the right real estate agent to help you through the maze is critical. Look no further; our proven track record, excellence in experience, and knowledge are the keys to a successful buying or sellingContinue reading “Qualities To Consider When Choosing The Right Real Estate Agent”
Why Hire A Real Estate Agent
Why Should You Use A Real Estate Agent? Should you use a real estate agent when buying a new home? A recent national survey showed that 88 percent of new home buyers involve a real estate agent to help them through the home buying process. So, most buyers and builders have decided it’s the bestContinue reading “Why Hire A Real Estate Agent”
Why Is Location Important When Buying A Home
You’ve probably heard the old real estate saying location, location, location. When you buy a home in a good location, it usually becomes a solid long-term investment. That’s why a home’s location is an important factor to consider. Read Also: What Are Real Estate Escape Clauses Here are some good location characteristics to look for. IfContinue reading “Why Is Location Important When Buying A Home”
What Are Real Estate Escape Clauses
Most real estate contracts contain contingency clauses that allow the buyer or seller to end the transaction without a penalty. If certain conditions cannot be met, these are commonly referred to as “escape clauses.” Read Also: Impact Of Unpaid Real Estate Taxes Here are the three most common real estate contingencies that include escape clauses. WatchContinue reading “What Are Real Estate Escape Clauses”
