Getting The Luxury Home You Want In Tucson

In constructing a building, you must follow a detailed process. The same applies when purchasing a home or making investments in property. A process of pre-qualification is the initial step that you must take as you seek to purchase your dream home. It lays the basis for the purchase of real estate property as it indicates that the purchaser has the necessary financing available. Receiving approval or not receiving one directly affects your decision as to your ability to pursue your plans.

Such approval turns out to be a major element in ascertaining whether or not you will attain success in this goal. Approvals are awarded by the lender, and you will have to show this to the home seller and to your broker to demonstrate that you are able to pay your mortgage. This will greatly improve your standing in a lending institution as well as to other individuals working in real estate investments after you obtain this proof. You get one step closer than competing purchasers who have not undergone such a process, once you are approved via the pre-qualification procedures.

In addition to the above, another benefit which you will have once you have received a pre-qualification is that you have increased confidence to maneuver through the process of negotiation. The process of offer and counteroffer will prove easier as both the seller and the broker will know that your capacity to purchase the house has been established. You receive an official statement indicating that your loan is approved, given specific terms and conditions and that you are eligible to purchase a property. Receiving such a certification also enhances your credit standing. One benefit accruing to the pre-qualification is that you are able to lock in a certain rate of interest as you continue to seek out the property.

Whether you are shopping for the home on your own or plan to use the assistance of a real estate agent, having that pre-approval letter in your hand will lend comfort to everyone involved in the process. It will make your agent more comfortable in talking with other brokers on your behalf, as they know you are very able to obtain the proper mortgage. It will also enable him to come up with a longer list of prospective homes as sellers can be confident that you have the ability to buy. This puts you one step closer to buying the home of your dreams. The broker can also be confident that this is a good use of his time and the time of others because you are already holding a letter of pre-approval for your mortgage.

You will get a more seamless home buying process and obtain a clearer idea of your ambition to buy your dream house after you are pre-approved in this pre-qualification procedure. Besides this, a variety of benefits are in store for you. Therefore, you should not think twice about getting pre-qualified in advance of seeking out a home to buy.

Selling Your Home After A Divorce

Selling Property After Divorce

If you just recently went through a divorce and are told you have to sell your house. They are licensed in Philadelphia, Pennsylvania, and South Jersey to help you with the sale of the property after a divorce and pays cash for homes. Here is a little bit of information to help you in this situation.

Are you having trouble selling because of No Equity? Do you need to sell fast to split assets? They will take that house off your hands. Divorces can be messy and no fun. Constant fighting over who gets what and how soon is a complete hassle. If that Real estate agent hasn’t come through as promised, then it is time to go elsewhere.

Even if your house is vacant and in need of repair, they will still give you cash for it. The sale of the property after a divorce is just one more problem to solve for you. You are already in limbo because you have to start over again. The sale of the property after a divorce is going to complicate your life more. Let them uncomplicated it for you.

Has it taken so long that you rented your house out and you are tired of being a landlord? The sale of the property after a divorce is a roller coaster you do not need to ride. Trouble selling because of no equity is making you want to tear your hair out.

The sale of property after a divorce is slow and tedious. You can finally have that house sold and be free of the hassles involved with it. Trouble selling because of no equity is no longer a problem. You can split those assets and be on your way. Worrying about how to proceed with the sale of property after a divorce can give you gray hair.

Need Cash for your House or Home?

Behind on payments?  Facing Foreclosure?

Liens or Title Problem

Bought a new home, but can’t sell the old one fast enough

Trouble selling because of No Equity?

Death of a loved one?Need to settle an estate?

Job Transfer or Relocation?

Making double payments?

Need to sell because of a Divorce?

Tired of being a landlord?

Real estate agent hasn’t come through as promised?

Is your house vacant, or in need of repairs?

We have helped sellers, in every conceivable situation, solve their real estate problems. Give us the opportunity and we will help you get rid of the hassle of selling your house so that you can get on with your life.
We handle all of the paperwork and make all of the arrangements.

Gain An Edge With Pre-approved Mortgage Loans

Many Americans believe that the first step for buying Columbus Ohio homes is to shop around for them. Unfortunately, few people are aware that the most critical aspect of home buying should be getting a pre-approval for mortgage loans. The result is that those who are planning to buy Columbus Ohio homes end up wasting too much time and energy.

Are the terms pre-approval and pre-qualification similar?

There are many who use the terms pre-qualification and pre-approval interchangeably. However, it is important to know that pre-qualification is an informal process where the Ohio real estate lenders, with the help of credit card details, assets, income, and debts provide a rough estimate of the amount of loan one can afford. This process is usually free and takes up only a few hours.

In contrast to pre-qualification, pre-approval is a more formal and time-consuming process. Here the Ohio real estate lender will cross-check the credit history, income, and debts of the person who has applied for a pre-approved mortgage loan. On successful completion of the verification process, lenders issue a formal letter stating the amount of mortgage loan that has been approved and the time frame for which it is valid.

Which one is better?

All those who are looking for Columbus Ohio homes are advised to opt for a pre-approval mortgage loan rather than pre-qualification. Potential buyers of Columbus Ohio homes with pre-approval loans are considered serious buyers. In addition, there are several other advantages of the pre-approved mortgage loan and it is considered crucial for zeroing on affordable Columbus Ohio homes.

The greatest advantage of acquiring a pre-approval loan is that Ohio home buyers know how much they can afford. This means that they can easily define the price range and concentrate on Columbus Ohio homes that fall within those criteria. In fact, many Ohio real estate agents prefer to work with buyers who already have pre-approved mortgage loans. The reason is that they want to avoid wasting their time by showing Columbus Ohio homes that the buyers are unable to afford. At times, they also go through the whole negotiating process, only to realize that the buyer’s application for a loan has been rejected.

Pre-approval loans also help the buyers to know how much they can borrow to purchase Columbus Ohio homes and provides a rough idea of the monthly charges, interest rate, and closing costs (in case one opt for the loan).

Many people who are trying to sell off their Columbus Ohio homes prefer to choose buyers with pre-approved mortgage loans. The reason is that it shows the willingness of Ohio home buyers to acquire Columbus Ohio homes and convinces the sellers about the financial security of the buyers.

Another advantage of pre-approved mortgage loans is that Ohio home buyers can relish a faster closing period. There is no window period for the mortgage loan application to be processed and this allows the Ohio real estate lender to wrap up the processing process fast. Many times owners of Columbus Ohio homes are in a hurry to sell off their properties and will give preference to those offers that allow a 2-3 weeks closing period.

Many make the mistake of spending the total amount of the pre-approved loan. Instead, try to chalk out a monthly budget that will include mortgage payments and other expenses.

Getting a pre-approved loan is easy; though it may cost a few bucks, it is totally worth it!