Once you’ve received an offer, you must carefully read its terms and conditions then evaluate if the offer meets your needs. There’s a number of questions you need to be asking yourself: Is the price fair? How much is the buyer asking in concessions? Are there any special requests (such as asking that furniture be […]
You know me, I never look a gift horse in the mouth – if the boss is going to give me an opportunity to be in front of a bunch of potential real estate buyers, I’m there! … I know about all kinds of real estate aside from foreclosures, but I imagine they’ll let me chime in if I have something I feel needs to be said on another topic. … The panel discussion will be held on Thursday, May 8th at 6:00 PM at Santa Cruz Title Company in Capitola – 1955 41st Avenue , just three doors down from Starbucks (behind the Burger King, Citibank, and various other corporate logos ). … They say “Space is Limited, Call now to Reserve a Seat” – but I don’t imagine the fire marshall will be on-hand to shut us down if we should exceed the rated capacity from the room.
There’s a big difference, and if you are looking to scoop up some real estate in today’s rocky credit market , it’s important to know the two apart. This is something I hear all the time: “Getting a loan won’t be a problem for me.” … Pre-Qualification is basically what happens when your buddy the mortgage broker asks you how much money you make, and how much your expenses are, maybe he runs a credit report,and then issues you a spiffy letter saying “Based on So-and-So’s income, credit score, and blah blah, I have pre-qualified So-and-So for a purchase price not to exceed $XXX,XXX.” … Here’s where it gets a little rough: sometimes, even though a mortgage broker will pre-qualify you, he will write on the letter, “So-and-so is pre-approved to buy…” when in fact, they are not pre-approved to buy anything. … Here’s how to tell if you are pre-approved: 1) It took at least several days of work to get pre-approved 2) Your mortgage broker kept asking you for lots and lots of documentation 3) You have an actual loan number from an actual lender (e.g.