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By: Marcie Geffner Published: June 10, 2010 Consider before you ignore or outright refuse a very low purchase offer for your home. A counteroffer and negotiation could turn that low purchase offer into a sale. You just received a purchase offer from someone who wants to buy your home. You’re excited...
When you get a mortgage, there are three important terms for you to remember. Interest Rates Points APR I’ve combined these three terms here because they’re related, and you’ll understand them better if I explain them together. Interest Rate: “Interest Rates” are the price that Lenders charge for the use...
Lenders approve loans based on their impression of your ability and INTENT to pay it back. To figure this out, they look at five things: creditworthiness, income, job longevity, job stability, and future income prospects. We’ll tell you how to make sure you look good in each of these things,...
Trying to "hard sell" while showing. Buying a house is always an emotional and difficult decision. As a result you should try to allow prospective buyers to comfortably examine your property. Don't try haggling or forcefully selling. Instead, be friendly and hospitable. A good idea would be to point out...
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