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Thursday, February 13, 2014
Wednesday, February 12, 2014
Home Showing Activity!! How Many Homes Are being looked at in Onslow County??
Onslow County Home Showing Report!!
Here is a report on how many homes were actually looked at in Onslow County.
These are actual showings where a buyer viewed a home in the respective price range.
Source: Centralized Showing Service
Curious how this affects your home??
Contact us for a FREE complete market analysis on your home!!
(910) 378-9410
Tuesday, February 4, 2014
Buying a Home? What's the difference in PreQualification with a bank and a PreApproval??
PRE-QUALIFICATION VS PRE-APPROVAL
These are two of the most commonly asked questions from first-time and experienced home buyers alike. One of the best places to start is by getting pre-approved by a lender up front in the process. Not only does it give you peace of mind knowing your price range is already pre-approved by the lender, but it also strengthens your position at the negotiating table, especially in a multiple offer situation. Some lenders offer pre-qualifications and pre-approvals. Here’s the difference:
How do I know what price range to look in?
Pre-Qualification
Provides a ballpark estimate of your buying power and is based on summary information you provide on your income and assets. It also requires a satisfactory review of property, financial documents, and program requirements to ensure final approval. Pre- qualification is offered by most lenders.
Pre-Approval
Provides proof to Real Estate Agents and sellers that you’re pre-approved for a specific loan amount and is based on verification of your income, credit, and assets. It requires a satisfactory appraisal and title review and no change in financial condition for final approval. As a service to you, Movement Mortgage offers pre-approval before you find a home — at no cost!
Just another tip to help you with finding your new home!!
Contact us today for your FREE buyer consultation and find out more about the home buying process!!
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