HomeLight
AUGUST 29, 2024
Your pre-tax income Your pre-tax income, also called your “gross income,” is the amount of money you make before deducting for state and federal taxes. People know their pre-tax salary off the top of their head. If you’re buying a home with a partner, you should add your pre-tax incomes together to get your full buying power.
Lighter Side of Real Estate
FEBRUARY 2, 2023
Get Pre-approved Ahead of Time You should always get pre-approved before you actually start looking at homes you want to buy, but many people don’t. But beyond that, getting pre-approved ahead of time is a good chance to speak to a few mortgage professionals and get a feel for them, which leads to… 2.
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Housing Wire
DECEMBER 29, 2023
Delivery methods: All of the CE Shop’s New York real estate pre‑licensing courses are optimized for a smartphone, tablet, or computer. After your principal broker authorizes your application, the DOS will review it to ensure that it is complete and meets the qualifications for a real estate salesperson license.
Toronto Realty Blog
MARCH 19, 2021
Those “drinking games” that you played, pre-pandemic. We’ll look not just at the monthly payments but also the breakdown of principal and interest, and ultimately you decide when a potential buyer would look at an investment as “affordable” and when that becomes “unaffordable.” Board games.
HomeLight
DECEMBER 30, 2021
Taking on a mortgage is no casual agreement — which is why the loan qualification process is so stringent — but you’ll nearly always have options. Put more toward principal each month. Make a lump sum principal payment. Hey, you never know!). And perhaps one of the most exciting is the prospect of paying off your mortgage early.
The Residential Specialist
APRIL 27, 2023
Lucette Wallach, principal broker with eXp Realty in Brookings, Oregon, purchased leads when she moved from California to Oregon. She finds this establishes trust faster than pre-qualification and gives her an opportunity to see more listings. Buying leads helped prime the pump for me,” she says. When you’re new to an area.
Lab Coat Agents
NOVEMBER 20, 2024
If you are the buyer, this means you inherit the loan’s principal balance, interest rate, and repayment terms. The buyer must also meet qualifications for demonstrated creditworthiness. First, you need to obtain a pre-approval letter from a reputable lender who will qualify you to purchase a home for a specific amount.
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