FREE Real Estate Advice: Thinking about buying a condo? Identify whether the building is FHA/VA approved before placing an offer.
FREE Real Estate Advice: Thinking about buying a condo? Identify whether the building is FHA/VA approved before placing an offer.
So I had an office meeting a few days ago and I had Chris Jordan from First Home Mortgage attend as a guest speaker. He shared with us the 5 easy things homebuyers can do to make the mortgage process smooth and stress-free.
Many local jurisdictions offer assistance programs to promote homeownership to first-time homebuyers. One such program is the Montgomery County HOC purchase assistance program which was modified with new program features to allow more people to qualify.
A common question from first-time homebuyers when purchasing their home is “What is a Mortgage Escrow Account?”
Over the past few years, I have had clients who were in the medical profession that decided to purchase a home.
During a settlement of all places, the title attorney began sharing w/ the first-time homebuyer and I about some real estate scams that he encountered recently.
For some reason, people think that it will take a few weeks in order to get preapproved. In reality a preapproval can take anywhere from a few minutes to a few hours.
What many homebuyers will not tell you is their experience with “The Underwriter.” For many transactions, the buyer will not even hear of the underwriter, but others will have an intimate knowledge of the endless requests for documentation.
I am personally a big believer of informing potential homebuyers about upcoming trends in the washington dc real estate market. It helps first-time homebuyers make more informed decision.
Thinking about purchasing a home…Don’t be NERVOUS! It is important to be informed about the homebuying process and your loan options.
All of the opinions expressed on this blog are my own.
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