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Why Get Pre-approved? Structuring Your Offer to Get the Best Deal

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Why Get Pre-approved? Structuring Your Offer to Get the Best Deal

    Buying a home is a dream come true, but the process of getting an offer prepared and accepted can be a nightmare if you don’t know what you’re doing.   There are over 80 variables that need to be managed properly when buying a home and mishandling just one of them could cost you tens of thousands of dollars in unnecessary expenses.   Making a home purchase is expensive enough that you don’t need to part ways with any more of your hard-earned...

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How to Find Bank Foreclosures and Distressed Sales

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How to Find Bank Foreclosures and Distressed Sales

    Everyone wants a hot deal.   For those who have the ability/desire to work with a home that is, in most cases, less than perfect, foreclosures and distressed sales represent some of the hottest deals out there   If you want to locate distressed properties, the first thing you have to understand is that no one will usually advertise their home as a “distressed property” unless they are absolutely desperate to unload their home.   Homeowners,...

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What will be your payment on your new home?

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What will be your payment on your new home?

    Buying a new home can be overwhelming. Between understanding the financial aspects of your loan and all the paperwork required to buy your home, things can get a little crazy. One of the biggest parts of getting a new home is figuring out the terms and conditions of your mortgage. Two of the biggest areas that impact your loan are credit and your down payment. In this post, we’ll cover both and also explain how to determine the down payment on your new home. Understanding...

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How to get the home with the furniture included

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How to get the home with the furniture included

    So you like the dining room table in the house you want to buy, but your agent tells you it’s not included with the sale.   What do you do?   In short, you ask for it. Well, you negotiate it as part of your offer to purchase the home from the seller.   To effectively get the home you want with the furniture included, you should identify in advance any furniture that you are interested in buying and let the seller (or your agent) know that...

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Why You Should Have A Home Inspection Before You List

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Why You Should Have A Home Inspection Before You List

    One of the largest home sale killers is the home inspection.   Nearly one-third of all terminated real estate contracts fell apart because of the inspection results. Inspections also ranked as the number three cause of delayed settlements, accounting for 13 percent.   For some reason - and I’ll never get it - a home inspection that comes back with anything less than a perfect report strikes fear into the hearts of buyer agents and home buyers alike.   It...

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What is your debt to income ratio...why should you care?

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What is your debt to income ratio...why should you care?

    Any time you have more income and less debt, you’re in good shape in life. That said, there is an ideal ratio between your debt and income in order to qualify for a good mortgage.   When your debt to income ratio is on the high side, you run the risk of not getting a good loan (or not getting a loan at all) if your income were to take a hit during right before or during the loan funding process.   Conversely, having no debt can work against you, too,...

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Why You Should Have A Home Inspection Before You List

by Eli Miller


Why You Should Have A Home Inspection Before You List

        One of the largest home sale killers is the home inspection.   Nearly one-third of all terminated real estate contracts fell apart because of the inspection results. Inspections also ranked as the number three cause of delayed settlements, accounting for 13 percent.   For some reason - and I’ll never get it - a home inspection that comes back with anything less than a perfect report strikes fear into the hearts of buyer agents and home...

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Your home is under contract, what’s next?

by Eli Miller


Your home is under contract, what’s next?

    Great news, you’ve put a home under contract and you’re excited to move in one day soon.  There’s a lot that has to happen before you can take occupancy: home inspection, appraisal, financing paperwork, contingencies and other dates to be met. Here’s what you can expect to happen over the coming weeks. Due Diligence Now that the home is yours to negotiate exclusively with the seller, you have a due diligence period that allows you to...

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What will be your payment on your new home?

by Eli Miller


What will be your payment on your new home?

    Buying a new home can be overwhelming. Between understanding the financial aspects of your loan and all the paperwork required to buy your home, things can get a little crazy. One of the biggest parts of getting a new home is figuring out the terms and conditions of your mortgage. Two of the biggest areas that impact your loan are credit and your down payment. In this post, we’ll cover both and also explain how to determine the down payment on your new home. Understanding...

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Why you should make a list of the top 20 features you love about your home when selling?

by Eli Miller


Why you should make a list of the top 20 features you love about your home when selling?

    Who knows your home better than you do?   The short answer is nobody.   And because of that, you should take the time to make a list of the top 20 features you love about your home before you put it on the market.   You see, if you like those things about your house, then so will someone else. And, in an effort to help your agent get your home sold faster and for more money, it will help if you point out the things you really dig about your home that...

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