What is Pre-Qualified VS Pre-Approved?

What is Pre-Qualified VS Pre-Approved?

Prequalified vs. Preapproved: What’s the Difference? The difference between preapproval and prequalification can depend on the creditor and the type of loan or credit card—some creditors may even use the terms interchangeably. In either case, a creditor has done an...
Assessed Value vs Market Value

Assessed Value vs Market Value

Assessed Value vs Market Value: Understanding the Difference It can be very confusing distinguishing what is meant by the terms “assessed value,” and “market value” when either buying or selling a home. The assessed value is often much less than the market value so...
What is my buying power?

What is my buying power?

It’s extremely important to go into the home buying process with a realistic expectation of your budget. You don’t want to fall in love with a house, only to realize that you can’t actually afford it when it comes time to pay the down payment....

Buying is Now 37.7% Cheaper Than Renting in the US

  The results of the latest Rent vs. Buy Report from Trulia shows that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States. The updated numbers actually show that the range...