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6 Ways to Protect Your Interests When Buying an “As-Is” Home

6 Ways to Protect Your Interests When Buying an “As-Is” Home

Buying an as-is home comes with some unique advantages. However, you’ll want to take some steps to ensure that you’re protected once you move in. What Does “Sold As-Is” Mean? A seller lists a home for sale as-is when they don’t plan to perform any repairs before the closing. When you buy such a home, you accept

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Mortgage Preapproval Affect on Credit Ratings

Mortgage Preapproval Affect on Credit Ratings

Does Shopping Around for a Mortgage Preapproval Hurt Your Credit Rating? For serious home shoppers, especially in competitive housing markets, it isn’t enough to be prequalified. You also need to be preapproved for a loan amount equal to or greater than the price of the home you’re considering (minus the down payment).  That said, stringent preapproval processes

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What’s the Timeline Between Prequalifying* and Getting Your Home Loan Funds?

What’s the Timeline Between Prequalifying* and Getting Your Home Loan Funds?

Whether it’s your first or fifth time, purchasing a home is an exciting experience. But, it can also be a stressful one. There are many tasks to complete and milestones to meet between prequalifying for a mortgage and receiving your funds.  Understanding the requirements can help make the process seem a little less daunting. Here’s

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