Get prequalified as soon as soon as possible. Many times the process of getting prequalified changes the course buyer's are going to take. Unknown credit issues can change the interest rate and ultimately the cost of the loan, which at many times is easily handled when buyer's have 3-6 months to remove unnecessary collections. One example is a cable box that was accidentally packed and not returned from a move 5 years prior. Paying the penalty and removing the report can lower the interest rate saving thousands of dollars over the term of the loan and gives the buyer more buying power without borrowing more money.
*1/8% interest rate increase, equals $12,000 less in buying power
Author:Steffani Brown Phone: 480-710-0587 Dated: February 21st 2017 Views: 418 About Steffani: Hi I am Steffani Brown, I have been a licensed Realtor in Arizona since 2005 I have worked with bo...
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"Astounding company! Our realtor, Dave Westbrook, did an amazing job! He was attentive, responsive, and completely professional. His knowledge of the market and professional advise made or experience seamless. He was able to sell our home in under a week for more than we expected. I cannot say enough about the service he provided and how easy he made it to sell our home. I would highly recommend Dave and Urban Luxe Partners in Scottsdale."