Updating your Preapproval Letter
I’m often asked by home buyers “does my preapproval letter expire” or “what happens if we don’t find a...
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What is the difference between a Preapproval Letter and a Loan Commitment Letter?
Last week I shared how it’s pretty much mandatory that if you are a home buyer making an offer on a home located in the greater...
read moreIs it necessary in Seattle to get preapproved to make an offer on a home?
Recently one of my out of state clients who is looking to buy an investment home in Seattle asked “Is it necessary in Seattle to...
read moreThe biggest issue with buying a home today in Seattle
Yesterday I met for coffee with one of my clients who is hoping to buy a home in a Seattle area neighborhood for around $600,000. They...
read moreA Strategy for Seattle Home Buyers: I Love Your Home Letters
The Wall Street Journal writes about a strategy home buyers in hot housing markets are using to get their offers accepted in hotter...
read moreAre First Time Home Buyers Missing Out?
A recent survey shows that those buying their first home are making up a smaller percentage of home buyers. From US News: The...
read moreToday’s Low Mortgage Rates Buys More Home
Our historically low mortgage rates provides today’s home buyer a great opportunity. Check out this chart based off of 30...
read moreHow can a preapproval change?
When someone becomes “preapproved” for a mortgage, it boils down to they qualify for a certain mortgage payment based on...
read moreSurvey Says!
According to Fannie Mae’s Monthly National Housing Survey, many Americans believe that home prices are on the rise. If you are...
read moreMore Listing Agents Performing “Sniff Test” on Mortgage Originators
I’m noticing that more listing agents are performing, what I like to call, “sniff test” to check out the lender who...
read moreSeattle Bidding Wars: What You Need to Know to Help “Win” Your Home
I’m noticing more “bidding wars” on new listings in the greater Seattle-Bellevue area. Because of the lack of...
read moreReader Question: Does Getting a Mortgage Preapproval Impact my Credit Score?
One of my Seattle subscribers wrote me to ask this great question: “I’m considering purchasing a home soon, but...
read moreWhat Do You Need for a Preapproval?
If you’re considering buying a home, many real estate agents and/or sellers will require a preapproval letter. A preapproval...
read moreThe Mortgage Process: Contemplating Buying a Home to Getting Preapproved
For a while now, I’ve had this idea floating around in my head that with four years of articles at Mortgage Porter, I really...
read moreWhat Should a Preapproval Letter Contain?
This isn’t the first time I’ve written about preapproval letters at The Mortgage Porter…however it has been a while...
read moreWhy It Pays to Get Preapproved Early: You May Think You Know Your Credit Score
I recently met with a couple who had relocated to the Seattle area and were ready to make an offer on a home. They’re...
read moreIs My Preapproval Still Valid with all the Rate Changes?
My clients and readers ask such great questions…I just received this one from one of my clients that I’ve been working...
read moreTips for homebuyers and sellers
Yesterday I was interviewed by Melinda Fulmer for a MSN Real Estate article. Here were a few of my pointers (with some...
read morePreapproval Letters Defined
The preapproval letter is a tool typically drafted by a loan originator to be used by a buyer’s real estate agent when presenting...
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