Prepare Your Finances The first step for a home buyer is to get their finances in order. It is really important to know your budget and know the loan amount for which you are approved. Knowing your loan approval amount will allow you to set the price range and the amount of which you can afford to buy a house. You are sure to end up disappointed if you begin by looking at houses that are priced above and beyond what you canactually afford. If you are prepared and have your finances in … [Read more...]
What to Do When Home Buyers Want Repairs
Posted by Jeff Sadler When you try to sell a house, you will usually have potential buyers negotiate for repairs and improvements that they expect to see done before they actually buy. Ordinarily, this wouldn't be a problem -- if they are serious buyers, you do owe them a few requests. These days, though, it isn't enough to find serious buyers. Banks and other mortgage lenders have been growing extremely risk-shy. In many states, 1 out of 3 qualified applicants are turned down for minor … [Read more...]
