Wednesday, July 10, 2019 / by Suyapa Sauceda
Wednesday, January 16, 2019 / by Leon Zhivelev
Contributed by Kay Carter
Shopping for a home can be an overwhelming experience for anyone. The entire process, from finding listings in your area to successfully obtaining a mortgage loan, is a complicated one that always seems to take a lot longer than we’d like. Buying a home can especially be confusing for first-time home buyers who just want to find their perfect starter home without going into a lot of debt in the process. Luckily enough, that’s not an impossible task. Here are five ways you can avoid debt while shopping for your first home.
1. Create a Budget
Before you start looking for a home, consider creating a strict budget and looking at properties that cost less than the amount you were approved for. What can you afford? Be realistic with this budget and stick to it. Make sure that you also have money set aside for closing costs, home insurance, a home warranty, and any repairs you&rsquo ...
Wednesday, December 19, 2018 / by Cyd Marseille Yardeny
Thursday, October 18, 2018 / by Leon Zhivelev
YOTELPAD in downtown Miami, this project is perfect for the foreign or local buyer, the new innovative way to condo in Miami.
YotelPAD is the latest residential extension to the YOTEL & YotelAir brand, bringing to the market efficiently designed units to utilize the space in a way to fit everything you need without compromising on luxury.
Sales Executive, Mellisa Pardo, gave an excellent presentation explaining exactly how unique, innovative and cost-effective thee YotelPad project vision and lifestyle will be.
This development is perfect for the international and local US buyer giving them the opportunity to purchase a residential unit with the convenience OF NO RENTAL RESTRICTIONS allowing the buyer to have the freedom to optimize his rental capacity through numerous options.
Wednesday, October 10, 2018 / by Leon Zhivelev
1. Prequalification: Prequalification will give you a quick estimate of how much you can borrow for your mortgage. You’ll share basic financial information, including your income, savings and outstanding debts. There’s usually no fee to get prequalified, and you can apply quickly by phone or online. However, getting prequalified doesn’t guarantee you’ll qualify for the mortgage.
2. Preapproval: Preapproval is much more thorough than prequalification. The lender will review your financial situation, similar to when you officially apply for a mortgage. You may be required to pay an application fee.
Expect to submit complete financial documents, including:
W-2s for the previous two years
Proof of bonuses
Your most recent federal tax return
Two to three months of bank and investment ...