![]() |
![]() |
Real Estate Information |
|
![]() |
![]() |
Home loan applications made easyJakob Jelling You have finally found the home of your dreams. You have searched all over and are ready to purchase it. Before you even make your offer you should seek out the financing first. In some cases, it is easier to have a pre-approval in hand before making any financial commitment through a contract. Why get your hopes up after you purchase the home when you can buy with assurance and wait by the settlement table. Before you can buy anything, you will need to get accepted by a reputable lender. There is much you will need to know, as this will be the largest purchase you will ever make. You will need to fill out a mortgage application first. As with any mortgage application, you will need to provide the necessary information to the lender so they can weigh the option to grant you the loan. This information is based upon your financial picture. It consists of your social security number, date of birth, and where you have worked for the past 3 years. This information will give the lender a good picture about your spending habits through a credit score. Depending on the score itself, the lender will make a financial decision to grant or deny your request. You may also have to explain certain circumstances in your life such as a job loss or credit rating should they not be up to par. Upon completing the mortgage application review, you will be given an amount in which you can afford. Usually the sales price of the home is based upon 3˝ times your annual income. It is also equivalent to the percentage of debt to income ration determined by FHA Federal Housing Authority. Should you meet these guidelines you will be given a green light to go and look for a house in this range. You may be able to afford more should you have a sizeable deposit. There are also programs that you can use to get into a house with only 3% down. Some lenders ask that you fill out the home loan application in person rather than online so that they can answer any questions during the process. By Jakob Jelling
| ![]() | ![]() | ![]() | RELATED ARTICLES How To Realistically Set Your Fees - Part 4 Effect Of Bad Debts Writing a Press Release When dealing with "this-just-in" type information, it is important to understand how to write a head-turning press release. A press release must contain substantial information that you consider to be newsworthy and substantial. Relate the news to the audience. Spell out for them WHY it is newsworthy and why they should read on. First describe your news, and THEN tell who said it, etc. Remember that the first ten words in your press release are the attention-getters, thus should be effective. Use what journalists refer to as plain-style language, not fancy words or lots of adjectives. Stick to the facts; avoid fluff. Provide plenty of contact information the name, phone numbers, fax etc. for the person with the most information about the story to make it as easy as possible for the media to do their job! How Do I Define My Market Your market is who you want to reach. Your customer. Who is your average customer What is your estimate of total market size What territory do you intend to serve Will you offer a variety of products or services Top 7 Reasons Why FSBOs Fail To Sell Their Home On Their Own! In the United States, less than 10% of all For Sale by Owners FSBOs, are successful in selling their home by themselves. That*s because most people just give up because they don*t realize from the beginning the difficulty and complexity of the job ahead. But that*s not the only reason. Here are the seven most common mistakes FSBOs make when selling their home. How To Create A Website In Less Than A Week Heres a really simple way... any novice can create a fully functional website in less than a week. Building Your Online Portfolio So you want to start earning online and have invested some of your hard earned cash in a couple of online programs but have you really thought about what you are investing in. Get PHP pages indexed in the Search engines A simple method to convert files from Php to Html Extensions, on an Apache Server What The Most Dangerous Job In The World Taught Me About Coping With Stress I just got through reading some troubling news in the New York Times this morning. Ten Steps To A Well Optimized Website - Step 2: Content Creation Welcome to part two in this search engine optimization series. In part one we covered the importance and tactics for choosing the keywords and keyword phrases that will provide the highest ROI for your optimization efforts. In part two we will discuss how to properly write content for high search engine positioning. Saving Money By Spending Wisely Why is it that the older and richer people become, the more conservative they are with their money Have you ever done or know someone who has made an investment that promised a 10% interest or profit per month Everyone wants to make above average profits. It is amazing how many people will send their very hard earned money across the world to Nigeria or to Boca Rattan, Florida on the promise of a telephone acquaintance to make them much richer.People give their money to complete strangers in hopes of making more money. Real Estate: Financial Considerations $$$ Raw land as opposed to improved property is much more difficult to finance through traditional lenders. The main reasons are that it generates very little income, development costs can be expensive, there are no buildings or improvements that can be used as collateral, and it is often considered speculative. Understanding Real Estate Terminology Purchasing a home can be a complicated and confusing process, especially for first-time buyers.Throughout the process, first-time home buyers will encounter a variety of unfamiliar real state terms. There are several key terms associates with purchasing real estate that are helpful to learn. Vacation Homes Are Becoming A Reality For More Homeowners Whether it’s a lakefront cottage or a log cabin in the woods, a vacation home often seems to be a dream that only the wealthy can afford.But these days, you don’t have to be a millionaire to own one. How To Get Sellers To Call And Beg You To Take Their Property! Im going to give you the *basic* steps in my $0 Down Real Estate Investing Program. I outline the program in *detail* in my 324 page e-book. For details about the book. http://www.realrealestateexperts.com and much, much more! The Engagement Ring Bling How much should you spend on a diamond engagement ring Online Classifieds Choosing a Classified Website and creating your advertisements. What is the Difference Between a Power Of Attorney and a Guardianship Which is Appropriate for Someone With Alzheimer’s A power of attorney is a legal document in which one person the principal authorizes another the agent to act on his/her behalf. Financial powers of attorney allow your agent to make decisions regarding your property. Healthcare powers of attorney allow your agent to make decisions regarding your health care needs. I Would Give Anything To … A couple days ago I was listening to a CD by one of the most successful speakers in the industry. He has been around for many years and is considered one of the greats. He is also considered to be somewhat off the beaten path.As much as he is admired and respected by many, he is judged by just as many. The segment I found most intriguing was one about how others often say to him, “I would give anything to be a successful speaker and author just like you.” A Bad Hairdresser Day "Hey everybody!" Hairdresser Lady called out."Its The Happy Guy." Linking is Queen If content is king, then linking is the queen that shares his throne. We have all heard about adding content to your site to give the search engines fodder to consume. But the secret to luring the search engines is the links to your site. Todays search engines look very carefully and critically at who is linking to you, and what it is that they are saying about you. A link from a leader in your industry carries a lot of weight and means that your site is important. Two links from industry leaders means your site is even more important. 100 links from random web sites, from industries you are not even related with, means almost nothing. Thus, getting links is only the start; the important thing is getting good links from quality web sites. ![]() |
home | site map |
© 2005 |