A spike in the number of people going through brokers for home loans in the first three months of the year bodes well for an industry beset by challenging conditions, Mortgage Choice chief. old.
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Pros And Cons Of Short Sale Buying a short sale can be a great opportunity to get a property at a reduced price, but it can also have its disadvantages. Purchasing a short sale is a more complicated process than a typical home sale, so there are some unique risks involved when investing in this type of investment property. Learn seven risks of a short sale so you can plan properly and decide if it could be the right investment for you.
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· The pre-approval was good for 90 days. If we made an offer during that time we just called the mortgage rep and had him draft a letter that showed us pre-approved for the amount of the offer. If we had gone past the 90 days we could have waited until we were ready to make another offer before we got pre-approved again.
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