If you’re getting ready to buy a home, one of the first things you’ll hear is that you need to get preapproved. But what does that actually mean — and how is it different from being prequalified? And what about a loan commitment letter, or being pre-underwritten?
These terms get used interchangeably, but they are not the same thing. The difference matters — especially in a competitive market where sellers are evaluating the strength of every offer on the table.
Here’s a simple breakdown of each level and what to look for. [Read more…]
The housing market in the Pacific Northwest remains competitive. Low inventory means that when a well-priced home hits the market, buyers often find themselves competing — and the difference between winning and losing a bid frequently comes down to preparation, not just price.
It’s fun to visit open houses on the weekends. You may be picturing yourself living in the home, enjoying the backyard or perhaps 
