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: 343 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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Buyers buyers buyers, we already hit a record week in new buyers regis
"Joe Pascale is probably the most top notch realtor I know in the valley. Not only does he work great with buyers 'He knows all the best practices to use when finding that perfect house for the best price' for his customers, he's the best agent to use when selling a home as well. I find he is a pro when it comes to his knowledge and experience in this type of market, but I really value the fact that he is easy to work with, and I can get ahold of him fast. I actually tell people that I have a 'Friend in the real estate business', because I do! :)"