What’s in a Closing Cost?

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[vc_row][vc_column][vc_column_text] What Does a Closing Cost Include When Buying a Home? [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]When it comes to the property buying process, there’s a ton of terminology that needs to be kept in mind. From amortization all the way to contingencies, it’s essentially one vocabulary lesson after the other. As a real estate professional, closing cost is a […]

Pre-Approval vs. Pre-Qualification

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For first-time homebuyers, getting pre-qualified and getting pre-approved for a mortgage may seem like the same thing. Both terms relate to an amount a lender would be willing to loan you. Both take into consideration your financial background to determine how credit worty you are. Nevertheless, there are key distinctions between the two concepts that may affect your preparation to buy a home.