04
Jun
By Jim Hasek
Mortgage, ,

Why Every Home Buyer Needs A Pre-Approval Before Home Shopping

There are many people who are considering buying a home because the current market is so attractive. With the ability to carry out virtual tours, this makes it even easier for people to find the home of their dreams. While the fun part is looking at houses, it is important to get pre-approved for a home loan first. There are a few reasons why everyone must get pre-approved before they start the process of shopping for a home.  This Provides A Chance For People To Get Their Finances In Order Buying a home is a major decision. For many people,…
Read More
19
Jun
By Jim Hasek
Real Estate, ,

Buying A Home In Foreclosure

Foreclosure is a process that happens over many months. There are various opportunities to acquire real estate that is in a different stage of foreclosure, including before the foreclosure process completes. This short guide identifies the different stages and the opportunities that may exist to acquire a property at a discounted price. Get The Money Lined Up First To acquire a property at any part of the foreclosure process requires cash or pre-approved credit. Have the full amount of cash available to pay for the transaction or have a recent pre-approval letter from a reliable lender. The letter shows the…
Read More
14
Feb
By Jim Hasek
Real Estate, ,

5 Tips To Price Your Home To Sell For Top Dollar

Many home sellers are confused about how to price their home to sell. It's definitely challenging to try and find that sweet spot between pricing it low enough so it flies off the market without undercutting the home's value. Emotions play into the decision, too. If the seller has a lot of sweat equity in the home, or the property is the only place the children have ever called home, owners may tend to place a higher value on the house. Here's how to correctly price a home to sell in any market. Rely On Your Real Estate Agent Your…
Read More
21
Nov
By Jim Hasek
Real Estate, ,

3 Critical Tips for Buying a Home in a Short Sale

You just found your perfect home, and you feel like everything is right including the price. But, what could be wrong with your ideal home? Maybe, it is being sold as a short sale, and that could present a major challenge if you want to become be the eventual homeowner. Short sales are different from other conventional real estate transactions since the property in question is usually listed at a price that is much lower than the amount of the outstanding mortgage debt. Unlike a regular sale, the homeowner must obtain permission from the lender before proceeding with the transaction.…
Read More
16
Nov
By Jim Hasek
Real Estate, ,

5 Home-Buying Pitfalls To Avoid

Buying your home can be nerve-racking, especially if it's the first time. The buying process is exciting and often complex. The chances of making a mistake are relatively high.  In today's real estate market where demand surpasses supply, you can't afford to make mistakes. And this is just the tip of the iceberg. If you are in the market to buy a house, here are five pitfalls avoid.  Not Doing Your Homework Well  Fortune favors the prepared in real estate. And preparedness begins with understanding your finances. A wise buyer examines assets, analyzes debts and gets finances pre-approved before jumping…
Read More
27
Jun
By Jim Hasek
Mortgage, ,

Understanding the Factors That Impact Your Credit Score

Most consumers believe if they pay their bills on time, they need not worry about their credit score. Oftentimes, it is a rude awakening when they apply for a mortgage loan, car loan, or any revolving credit to learn they are not going to get the lowest rates available due to their credit score. This is because paying bills on time only accounts for 35 percent of your credit score. The remaining 65 percent is spread out among other factors that impact your credit score. Credit Usage and Impact on Score Nearly one-third, 30 percent, of your credit score is…
Read More