The tips below are certainly helpful but I always take issue with anyone telling you that Real Estate transactions are difficult, stressful or overwhelming. If your agent is doing their job there should be no stress or difficulty involved. The article suggests you hire a lawyer. This is never bad advice, but you should also… Read More
Nationally, interest rates on conventional purchase-money mortgages decreased from July to August, according to several indices of new mortgage contracts. October rates so far have remained fairly stable. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 3.99 percent for loans closed in late August, down 3… Read More
You may not give much thought to your credit score in your day-to-day life, but when the time comes for a major purchase or transition, the information in your credit report is crucial. People are often unpleasantly surprised at how much inaccurate information can show up in their credit report when they finally take the… Read More
“Escrow” is a strange word, and one that most people don’t hear every day. Yet if you’re closing on a home or seeking a mortgage from a lender, you’ll likely encounter the terms “escrow” or “impound account” sooner rather than later. From a mortgage lender’s perspective, to hold funds in escrow means that the lender… Read More
And I always answer, absolutely! Pre-qualification or Pre-approval is the clout behind your offer. Your Realtor will have much more power in negotiating for you when your contract is accompanied by proof of your capability to purchase. In addition, pre-qualification saves time, yours and mine. With pre-approval your lender will delve into credit, employment and… Read More
Before you even begin, remove the words “overwhelming”, “complicated”, “exhausting”, “disappointing”, from your vocabulary. I do not believe in scare tactics and none of these things should be allowed to effect your home search. Having said that, owning a little nervousness is not only natural but probably a very healthy approach to a significant investment.There… Read More
You can find the complete article “A Heads-Up for Home Buyers, 11 Things Your Might Not Have Thought About” here, and additional home-buying hacks on my. www.yourValleyProperty.com ~Bill #1. Look Left, Look Right, Then Look Again. Your contract contains a clause granting you a certain number of days for an inspection period. Do not just… Read More
In spite of what you’ve heard it IS possible to buy a home shortly after Bankruptcy, Foreclosure, or a Short Sale. Offered by a reputable company, Peoples Mortgage, and a resourceful, caring Loan Originator, Don Hoover, this is a fantastic option. The video is very quick but you can get more information, just call or email me for details. Bill Salvatore, Realty Executives East Valley – 602-999-0952 – golfarizona@cox.net.
Is it better to rent or to buy? I am an agent and a consultant for both. My viewpoint is that if you are able to buy a home, you should. Otherwise you are paying your Landlords mortgage sending him on vacation. There are more entries on the Pro side than on the Con. I offer Discounts on your purchase of a New Construction home. Bill Salvatore, Realty Executives East Valley – 602-999-0952
The information below is basic but critical and presented in a straight forward way. All VA loans must start here. ~Bill Posted on Friday, May 9th, 2014 Written by Jimmy Vercellino The VA Home Loan requires 2 forms. The DD-214 and the VA Certificate of eligibility. Simple enough right? Wrong. These 2 forms have caused… Read More
