Just yesterday the front page of our local paper highlighted the challenges buyers face in this competitive spring market. If you’re a home buyer, watch this short video for practical steps to achieve the best outcomes:
Be Proactive with Home Loan Financing: Start with a thorough pre-approval. Submit all supporting income and asset documents to get fully pre-approved.
Understand Your Affordability: Know your budget. You might need to offer above list price, so understand how this impacts your payments, closing costs, and cash needed for closing. Work with a lender who explains these options clearly.
Evaluate Contingencies: Consider waiving the appraisal contingency or qualifying for a cash guarantee program.
Want to learn more about your options to win in this marketplace? Contact us today!
Are you navigating the complex world of mortgages and looking to save money in the long run? Look no further! In my latest video, I delve into the often-overlooked topic of discount points and why they deserve your attention.
Discount points can be a game-changer for homebuyers, offering a way to reduce interest rates and potentially save thousands over the life of a loan. But what exactly are they, and how can they benefit you? I break down the ins and outs of discount points, providing clear, expert insights that empower you to make informed decisions.
Whether you’re a first-time homebuyer or a seasoned investor, understanding discount points is crucial. So, join me as I explore:
The definition of discount points and how they work
The financial advantages of considering discount points
Real-life scenarios where discount points can make a significant difference
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