There is a good side and a bad side to almost every transaction. This article will explain the major risks of buying a house without a real estate agent.
We strive to provide the best Mortgage and Real Estate information on current programs, news and the industry at large. Please subscribe to our blog to receive updates via email. Follow the conversation at #MortgageUpdated on twitter or #MortgageUpdated on Facebook for the latest industry updates and helpful articles from around the blogosphere!
The focus of #MortgageUpdated is to be a source of material that can used by everyone. For example, real estate agents can find useful tips on improving their marketing, staying up to date with social media changes, and developing a plan to set themselves apart from their competition.
In addition, mortgage lenders can stay up to date with changes in mortgage rules, learn about new programs and find out how peers are creating a lasting impression on their clients.
Lastly, people who are buying or selling a home are the most important part of our focus. We want to educate our clients, and the clients of our peers, so that they can enter into a real estate transaction armed with the best knowledge for their situation.
Getting the right items before you move to the new place will allow you to have a comfortable experience from day one.
Identifying a home that is not overpriced for the local market can take a bit of leg work, but it can save you from making a very costly mistake.
Understanding these FHA minimum property requirements will help home buyers and sellers through the appraisal process and not be alarmed.
Dive into some of the advantages and disadvantages of a homeowner association and give you information to help you make a good decision for your next home purchase.
Common issues that appear on home inspection reports and what they can mean in terms of either repairing the problem or choosing to look for a different home.
Take the time to understand how the debt-to-income ratio works and what you can do to bolster your chances of getting approved for a mortgage.
What to look for when viewing a house for the first time is more about the inner workings of the home. You want to make sure that all the moving parts that make a home comfortable are working correctly and do not anticipate any major repair in the near future.
By learning what to fix when selling a house and reviewing these items before you list the home, you can hopefully spot any necessary repairs.
Whatever the situation may be, everyone needs to have some money set aside in an emergency fund to help them get through difficult times.