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How Do Lenders Decide The Maximum Loan Amount That Buyers Can Afford?
http://bucket.wistia.com/medias/yqz8wj26pr?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, the lenders consider your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing...
How Does Purchasing A Home Compare With Renting?
http://bucket.wistia.com/medias/c439msplru?embedType=async&videoFoam=true&videoWidth=640 Like the guy in the video says, the two don't really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you...
How Do I Begin The Process Of Buying A Home?
http://bucket.wistia.com/medias/n5twm1rvgf?embedType=async&videoFoam=true&videoWidth=640 Remember these pointers from the video: start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment? How much space...
How Is A Home Marketed?
http://bucket.wistia.com/medias/d6qeebvo3j?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, every home and market is a unique situation. Good marketing plans are specific to both. But every plan will include: Preparation Pricing and Marketing...
How Do I Set The Price On My House?
http://bucket.wistia.com/medias/bfcvbp6h9x?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember: your aim is to get the best price AND terms in your market during the period you’re selling. Market conditions interest...
How Do I Make A Home Ready To Sell?
http://bucket.wistia.com/medias/4334nedcyo?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, start several months before the property is made available. Look through the eyes of a buyer What needs to be cleaned? Repainted? Repaired? Or...
What Are 203(B) And 203(K) Loans?
http://bucket.wistia.com/medias/vjpsz122ap?embedType=async&videoFoam=true&videoWidth=640 The video puts this in more visual terms, but 203(b) is the most commonly used FHA program. It offers a low down payment, flexible qualifying guidelines limited lender's fees, and...
What Is PMI?
http://bucket.wistia.com/medias/42f9rigglw?embedType=async&videoFoam=true&videoWidth=640 This video tells you about it all. PMI stands for Private Mortgage Insurance or Insurer. These are privately-owned companies that provide mortgage insurance. They offer both...
What Do I Get At Closing?
http://bucket.wistia.com/medias/8ey2cvclu8?embedType=async&videoFoam=true&videoWidth=640 For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the meeting itself...
What Is A Loan Estimate And How Does It Help Me?
http://bucket.wistia.com/medias/1tasr13jcn?embedType=async&videoFoam=true&videoWidth=640 A loan estimate lists your loan terms projected payments, costs at closing measures for comparison, including Annual Percentage Rate and Total Interest Percentage and other...