Information Needed for a Home Loan Application

By Mary O'Neil

Are you considering applying for a home loan in the near future? Then this is all the information you should begin collecting! It can save you a lot of time and hassle to have it all together before contacting a loan officer. W-2 (2-years) & Current Pay Stubs, Self-Employment or 1099  – Last 2 years…

The Home Loan Process

By Mary O'Neil

Pre-qualification/ Pre-approval (Credit Report Run) Formal Loan Application Taken Escrow and Title Ordered Appraisal Ordered Income and Asset Information Verified Complete Loan Package Submitted TO Underwriter Loan Approved Obtain and Forward to Underwriter any additional items that may be required Interest Rate Locked Loan Documents Ordered and Sent To Escrow Loan Documents Signed by Borrower(s)…

Should I Work With a Buyer’s Agent or a Builder?

By Mary O'Neil

An unrepresented buyer is often disadvantaged in the real estate transaction process if they are not using an experienced real estate professional. It could be compared to going to represent yourself in a court case worth hundreds of thousands of dollars… and not bringing a lawyer to the table. Real estate agents are licensed and…

Home Valuation Form

By Mary O'Neil

Setting the list price of your home is the most important step in your sale.  Set too low, you lose money, but set too high and your home will not sell! Fill out this simple form and one of our agents will use current market data to estimate the value of your home.

Negotiating a Contract

By Mary O'Neil

When writing a purchase contract, avoid expensive terminology such as paying a buyer’s closing costs, and of course you should watch out for all the contingencies that could cost you time with your home off the market. If the buyer wants to close on the sale contingent with the selling of his or her house,…

Picking the Best Offer

By Mary O'Neil

In many of today’s strong real estate markets, home sellers can expect to receive multiple offers for their home. Multiple offers are a classic example of economic realities because they appear when the supply of homes for sale is limited and the demand for good-condition homes is strong. Sellers love multiple offers because they push…