A mortgage pre-approval is given when a loan officer has looked in depth into your finances and has calculated the amount that you are likely approved to borrow to buy a home. They will base your pre-approval on estimated monthly payments, loan amount and mortgage rate. Homebuyers may need a mortgage pre-approval before they are… Read more »
Congratulations! You passed the pre-approval stage for getting a home, but what happens next? Once you have a pre-approval letter from your lender, you can start looking for a home to purchase. Keep in mind that the letter is only good for 60 to 90 days, depending on the type of approval you received. Why… Read more »
5 Reasons Why You Shouldn’t Wait to Buy Timing can mean the difference between getting a home at a good value or missing out completely. Right now, the West Michigan housing market is red hot. If you are thinking about buying a house in West Michigan, here are five reasons you shouldn’t wait much longer: 1)… Read more »
Home Sales are Fast and Furious in the calendar month of June, homes sales totaled more than 5 million, According to the National Association of REALTORS® on a seasonally-adjusted, annualized basis and shows no signs of slowing. More than half of homes that were listed through the MLS system were sold within 30 days or roughly… Read more »
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