Category Archives: Real Estate

What Makes a Good Charleston SC Real Estate Website?

charleston real estateEveryone wants to find a reliable site where they can buy and sell real estate property. Although there are many websites that offer these services, it is without a doubt that not all of them are good. In fact, you will be baffled t find out that in as much as there are good ones; others are not even close to what you expect According to reliable studies, there are many people who end up wasting their time and resources just because they could not identify the right source of information. So, what makes a good real estate website?

A lot of listings and detailed information

The best website is one which gives you a wide variety of property to choose from. They need to understand that not everyone is looking for the same thing. For instance, when buying a home, most buyers will look at things such as the location, design, size, price and many others. Because of this, you need a site that gives you detailed descriptions of every property. When you have a wide variety of listings to choose from, your chances of getting an appropriate one will be higher. You also need to compare several properties depending on what you are looking for.  Here is a great Example of a website with all the right stuff!  so when looking for homes for sale Charleston SC – this is the place:  http://gopremierone.com

from Premier One

Connection with government agencies and industry associations

You can only be sure that the real estate website is a good one if they have connections with major players in the industry. Unless they get the latest information from government agencies, there is no way they will help you to get the right property. They should also be in constant communication with industry associations such as FHA, NAR, HUD and others. This will keep them informed about the latest trends. The prices and specific conditions of the property should also be accurately listed to avoid confusion.

When you submit a request for information to the webmasters, it should be attended to as fast as possible. There are times when you might want to buy or sell property very fast. During such a situation, you might not have the luxury of waiting for several days or even weeks before you get a reply to your queries. You need to be sure about the effectiveness of their customer support system. It is easy to know about this by talking to some of their clients. If they are not happy with the way the company handles their requests, there definitely is a problem.

mortgage-application

Don’t Get a Bad Mortgage Broker

What To Watch For When Finding a Mortgage Broker – originally from: Kathryn Mellon, http://kathrynm.com

There are several mortgage brokers in your area who are more than willing to help you out right now with your general mortgage requirements. However, you need to be certain that you are only sticking with the right one that fits in with your demands. There are many things that have to be considered if you are going to find a mortgage broker that is right for you.

Ask For Conditions

Sometimes a mortgage broker might offer you a great deal on your property. You need to ask about all the conditions that come with the deal including how much money is involved and whether or not any collateral is required. Details on any possible rate changes should be discussed too. If a mortgage broker is very open about all the terms that come with whatever you are trying to attain then you should not have too much trouble with finding someone who is easily trustworthy and honest.

Check All Offices

Make sure your mortgage broker of interest has an office. You need to deal with only brokers who have offices as they are people who are easier to trust in and will have more of the resources that you need in order to get somewhere in your work in general. If the broker is not in an office in any form then that person might not be all that honest or trustworthy.

What About Recommendations?

Mortgage brokers often use their own special series of recommendations to guide people to certain properties. Always ask about the basis for each recommendation that a broker has to offer. If the broker is unable to get out as sensible reason why one recommendation is so great then it might be best to move on to another option.

The recommendations need to be as independent as possible and not limited to specific types of entities. You have to be cautious when finding ways to give yourself a fair chance at finding properties that are appropriate for your demands and are not suggested just because your broker said that they sounded like good places for you to get in touch with.

Get An Offer In Writing

Every offer that a broker gives to you must be in writing. If the offers that you get aren’t in writing then they are probably going to be illegal options that may cost you more money than what you might be willing to part with at some point.

Be careful when finding mortgage brokers. Always be certain that you look for brokers that are easy to trust in and will not be hard for you to utilize.

Step by Step Guide to Getting a Mortgage

LoanApprovalGetting the right mortgage to go house hunting is not rocket science, so we are going to give you some useful tips for you to get the most out of this process. We will start by taking about how to clean up your credit, the pre-qualification process, the pre-approval process, and the different types of lenders you can find in this market.

Clean Up Credit

People with a high credit scores will be able to borrow more money from lenders at lower rates of interest. So get a full credit report right away. You need to check the score out right away to fix any error or improve your score over time. If you have a low score, pay off your credit card balance, close cards you are no longer using, and avoid incurring in any new debt. In addition, spend the next 6 months making all your loan payments on time.

Pre-Approval and Pre-Qualification

You have to meet with your lender to provide them information on your liabilities, income and assets. The lender will assess this information to let you know the amount of money you are allowed to borrow. Although the process is informal, you need to get the pre-approval of your loan before applying for a loan in a serious fashion. Next your lender will verify your employment and financial data as well as your credit rating to make a final decision. In addition, the pre-approval of your loan will give you the upper hand while negotiating the price of a house with a seller.

Getting a Lender

If you read the paper, turn on your TV, or drive down any roadway, you will realize there are plenty of businesses willing to give you the kind of mortgage you want. Mortgage brokers, banks and online vendors work very hard to give you the opportunity to get some money from them. Banks offer very competitive fees, strong brand names and face-to-face treatment and service. Mortgage brokers are great for people with low credit rating. Online mortgage sites will allow you to compare different lenders in real time, and you should go house hunting once you are pre-approved. So spend the money only if you have assessed different offers from sellers.

Remerber that you have to clean up your credit if you have a low score in order to get the right mortgage with an low interest rate. In addition, take advantage of all the different lenders out there and assess every offer. You may also want to download this guide from Freddie Mac on getting a mortgage: http://www.freddiemac.com/singlefamily/docs/Step_by_Step_Mortgage_Guide_English.pdf