Why is the Appraisal so critical to your real estate transaction?

Arona McGinley Realtor in Tampa florida

Did you know that the appraisal can make or break your real estate sale? The appraiser works for the bank, not the seller or the buyer. In real estate transactions, we have 3 significant players - the buyer, the seller, and the lender. The Appraiser is the eyes of the lender in the field. An … Continue reading Why is the Appraisal so critical to your real estate transaction?

What is a 4 Point Inspection?

4 POINT INSPECTION

Your offer has been accepted to purchase your dream home, and now you have to set up an inspection to make sure the home is in good condition. When buying a home, you will have to get a home inspection if you're getting a mortgage and even if you are purchasing with cash. You want … Continue reading What is a 4 Point Inspection?

Are You Ready To Buy Your Home?

Your guide to buying your first home -

Buying a home can be the most exciting time for you and your family. But don't lose out on the home of your dreams by doing this alone. This is one of the biggest financial transactions of your life, and I want to help you by making this experience less stressful. As you go through … Continue reading Are You Ready To Buy Your Home?

Start Building Equity!

FIRSTTIME HOME BUYERS

Are you still renting? Why are you building your landlord's equity and increasing their wealth? With mortgage rates being low... this would be a great time to invest in a home. Most people think that they cannot qualify for a mortgage, but you will be surprised. Get with your local mortgage company today and see … Continue reading Start Building Equity!

Home Ownership for 1st Time Home Buyers Tips

Are you a first time home buyer? When you are ready to buy your home a lender will basically evaluate your overall financial picture as well as other financial factors to see if you qualify for a mortgage. Here are some tips to help you get your loan. Do not quit your job while you … Continue reading Home Ownership for 1st Time Home Buyers Tips

What is a Pre-Approval letter

Why should home buyers have a pre-approval letter before they start searching for homes? A pre-approval letter is basically a document from a lender that indicates how much the lender would be willing to lend you to buy a home.  By having this letter a seller will view you as being more of a serious … Continue reading What is a Pre-Approval letter

Mortgage Application Tips

Mortgage application tampa bay florida

You have made the decision that you are going to buy a home and you are ready to fill out your mortgage application. Here are some things that you will need when filling out your mortgage application W-2s from the past 2 years.Personal and Business tax returns for the past 2 years.Pay stubs from the … Continue reading Mortgage Application Tips

How Much Home Can You Afford? Your Monthly Mortgage Payment Made Easy

afford more house

How much house can you afford? Knowing you want to buy a home is one thing; knowing how much of a mortgage payment you can handle is quite another. Too often, dreams and reality collide: You're yearning for a four-bedroom Colonial, but given your income and debt owed to credit cards and beyond, the best … Continue reading How Much Home Can You Afford? Your Monthly Mortgage Payment Made Easy

Financing Your New Home

The whole home buying process is filled with head-scratching questions, but most particularly when it's time to choose a home loan. To help clear up the confusion, here are some of the most common mortgage questions home buyers ask—and experts’ answers.