While real estate agents and real estate brokers specialize in helping clients navigate the process of buying, renting, and selling homes, a broker has more in-depth training and education than the average agent. Furthermore, brokers often have supervisory roles and oversee the agents that work for them. In either case, it’s always wise to work […]
4 Factors That Help Determine Your Mortgage Affordability
When shopping for a home, the first step you should take is determining how much mortgage you can reasonably afford. We recommend you be as realistic as possible where your household expenses and monthly income are concerned. You should also leave enough “wiggle room” in your monthly budget for those unexpected costs and emergencies. Factors […]
What is an EMD When Buying a Home?
An EMD or “earnest money deposit” is commonly known as a “good faith deposit” and represents the buyer’s good intentions towards buying a home. This ensures the seller that an individual is serious about buying their home. This gives the buyer additional time to get financed as well as conduct an appraisal, home inspection and […]
Choosing a Mortgage Loan That’s Right for You
The purchase of a home is quite possibly the biggest investment you’ll make in your lifetime, not to mention the huge responsibility that comes with it. So, to be successful in your quest for home ownership, you have to choose a mortgage loan that’s right for you and accommodates your financial needs. For a first-time […]
Most Important Factors in Determining Mortgage Rates
If you have decided on buying your own home, this is great news! Keep in mind when purchasing a home, Florida mortgage lenders determine your interest rate based on specific information that you list on your application. There are certain factors that a lender analyzes before determining this rate including. Factors That A Lender Analyzes […]
