|Real Estate Information|
Why Its Important to Get Pre-Approved
John Carle & Sharon Gregresh
Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home.
Your Mortgage Specialist will answer your questions and help you determine which financing terms and options are right for you. Your Mortgage Specialist and Real Estate Professional work as a team to help you find the right home and select the best financing.
Finalizing Your Mortgage
Once youve found the home you want to purchase, there are some documents youll probably be asked for in order to finalize your financing. They will include:
1. A copy of the real estate listing of the property. If the home is still to be built, the mortgage lender will need to see the architects or builders plans and details on lot size and location.
2. A copy of the offer to purchase or the building contract, if this document has been prepared.
3. Documents to confirm employment, income and source of pre-approval.
If you have a pre-approved mortgage, its a simple matter of finalizing a few details which your Mortgage Specialist will explain to you.
Applying for a Home Loan
Applying for a home loan may not be the most exciting way to spend your time, but if you are like many potential homeowners, it is probably a necessary evil. If you have some knowledge of the process ahead of time, however, it will go much more smoothly.
How to Build a Real Estate Investing Power Team
As you continue to read about real estate investing, you will no doubt come across the term power team. What is this power team A power team is a group of people without whom successful real estate investing becomes very difficult, if not impossible. Included in a power team are at least one real estate agent, a mortgage broker, and a real estate lawyer, all of whom will have experience in creative real estate investing.
Real Estate: Financial Considerations $$$
Raw land as opposed to improved property is much more difficult to finance through traditional lenders. The main reasons are that it generates very little income, development costs can be expensive, there are no buildings or improvements that can be used as collateral, and it is often considered speculative.
Home Ownership, Financial Freedom, and Benjamin Franklin
1. ON BENJAMIN FRANKLIN:
Internet : A Medium or a Message
The State of the Net
Keeping Abreast Of Your Domain ...Updates and Keeping Up With It All
Another major complaint that most business owners have is all the reading they need to do to keep abreast of what is happening in their business area. Again time management and organization can be a tremendous help.
How To Give Your Home A Face-Lift: The Sellers Guide To A Quick Sell
One of the great challenges to selling a home can be showing all of its space, decor and natural light potential.For example, every home has crowded closets and dead space.Sellers should be aware that areas such as these are easy to spruce-up with a little elbow grease and old-fashioned innovation.
How Much Risk is Necessary to Grow Your Business
A business owner is thoroughly responsible for their own financial survival and possibly the financial survival of their employees. Business owners, for the most part, seem to be "risk takers", who really dont easily "go with the flow". They are inventive and somewhat confident, as just having their own business does mandate that they possess these qualities.
Comparing The True Cost Of Obtaining A Home Loan
Home buyers are often confused about where to begin in their search for a home loan.The process is usually narrowed down to finding which institutions provide the lowest settlement costs, but the different types of lending institutions and the variety of lending programs available can make the search a slow, difficult experience.
Do You Know the 4 Traits that Guarantee Home Business Success
When home business success comes it does not come by luck. In fact, when you analyze the characteristics of the most successful home based business entrepreneurs you start to realize that they all share four key traits in common.
Filing for a Patent
How many times does this scenario happen: You have a great idea. You think you can make millions. You tell all your family and friends about it. The next thing you know, your great idea is being broadcasted on infomercials and some other guy is making millions off of your idea. In order to prevent this all-too-common situation, the answer is to obtain a patent immediately for your brilliant brain child.
DMOZ: Rotten To The Core
I knew things were bad at DMOZ. But I guess I didnt realize how bad, until I started eavesdropping on a few forums, and reading the avalanche of e-mails I received on the subject.
Comprehending a Credit Report
Obtaining a credit report is an excellent way to begin taking control of your financial future. Its recommended that you review your credit report once a year, not only to be aware of your standing with creditors but to also keep abreast of errors and fraud. However, once your report arrives you may have trouble making sense of it. How are you to read and understand a credit report
You Have To Love The Location, Say These Owners Of Orlando Florida Villas
It has been said that in real estate there are three things that count the most: location, location and location.I recently discovered how powerful this concept can be.
I Would Give Anything To …
A couple days ago I was listening to a CD by one of the most successful speakers in the industry. He has been around for many years and is considered one of the greats. He is also considered to be somewhat off the beaten path.As much as he is admired and respected by many, he is judged by just as many. The segment I found most intriguing was one about how others often say to him, “I would give anything to be a successful speaker and author just like you.”
Begging Your Trust in Africa
The syntax is tortured, the grammar mutilated, but the message - sent by snail mail, telex, fax, or e-mail - is coherent: an African bigwig or his heirs wish to transfer funds amassed in years of graft and venality to a safe bank account in the West. They seek the recipients permission to make use of his or her inconspicuous services for a percentage of the loot - usually many millions of dollars. A fee is required to expedite the proceedings, or to pay taxes, or to bribe officials - they plausibly explain.
Is Day Trading Right For You
Do you have the tolerance for the risk involved with day trading Day trading is not a get rich quick business. It is not technically even investing. This competitive game of day trading is speculation at its core and the odds are against you in favor of failure. But for those who crave this type of environment it can be a very exciting and profitable venture. A study in 1999 found that 70% of day traders lost money and of those that made money the profits were made from just one trade.
It Takes Two - How to Cultivate Profitable Alliances
“Cross promoting with other businesses can give you a significant advantage over the competition, with many benefits and cost savings.” -Heidi Richards-
Tips on Budget Decorating
Home decorating on a budget is the ultimate adventure in decorating. It requires a little bit of planning, creativity, and patience. If you are like me, sometimes you wish you could be a genie and wiggle your nose and **poof** its done. However, that takes away from all the fun! Follow these tips and youll have a home that looks like a page out of your favorite magazine!
How I Became a Hard Money Lender
Unlike other investors, my venture into real estate was a natural extension of my secondary business as the IP Ware software developer. However, opportunity and perseverance beget wealth, or at least a decent side income.
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