Types of mortgage lenders How to compare lenders Questions to ask mortgage lenders Key takeaways Finding the best mortgage lenders for first-time buyers means looking not just at their interest rates but also at their customer service, types of loans offered and fees. Ultimately, it’s be...
The takeaway:“A lender can make or break a deal, so choose wisely,” says Peters. “One of the main things to look for besides the loan rate is the responsiveness of the lender. They need to move fast or the deal may fail." Here are somequestions to ask mortgage lendersto help you...
Ask Before Hiring a Home Inspector More iStockPhoto You might need to do a little inspecting of your own to find the right person to inspect your home. As the weather warms up and open houses attract prospective buyers, hiring a home inspector can provide negotiating leverage for the buyer...
A good agent will explain the contract terms, answer your questions and walk you through each step of the process. Negotiate with the seller. The agent will inform you of the seller's response to your offer and advise you on the next steps, such as whether to accept a seller's counter...
2. Talking to only one lender One big mistake that many first time home buyers make while buying or leasing a house is to talk to only one seller or lender. There are plenty of fish in the ocean, but you won’t be able to test them if you don’t decide on the ocean itself.There...
Diane is further supported by Tina and Christian (the weekly photo guy) and there was never a time when questions whet unanswered for more than a day, usually within a few hours. This aspect of great communication is part of everyone we worked with!
It will be vital to ask the lender lots ofmortgage-related questions. Make sure you are comfortable with all the answers, as this will be a substantial financial undertaking. One of the best things about working with a mortgage broker is they have access to far more mortgage programs than ...
Buyers: How to make an offer on a house. Sellers: How to accept an offer on a house. How to back out of a deal. Related: Fast Tips for First-Time Home Buyers Buyers: How to Make an Offer on a House Making an offer on a house isn’t just about telling the seller how much you...
Lender Can Demand Inspection Even If Buyers of Vacation Home Waive ContingencyBarry Stone
Here are nine tips to help you write a letter to convince the seller that the house should be yours. Key Takeaways A homebuyers letter to the seller can give you an edge when there are other buyers. The homebuyer letter should build a connection with the seller, be short, and stay pos...