Now that your offer to purchase a home has been accepted, you are on the clock! Due diligence requirements start, and you generally have limited time to get your mortgage application submitted for preliminary approval, schedule an appraiser if a mortgage is required on the property, and perform a home inspection. A lot is happening…
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Now that you have decided to refinance your house or perhaps purchase a new home, you may need a mortgage on the property. Simply stated, a mortgage is a loan where your lender gives you money and you pledge the property (house) back to the lender if you do not pay your monthly loan amount.…
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