Tag: #sarasotacondotelfinancing

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

Written by Sarasota Mortgage Mortgage Syndicated User on September 16, 2022. Posted in First Time Home Buyers, For Buyers, Infographics, Mortgage Sarasota, Move-Up Buyers, Sarasota Mortgage.

Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted professional to learn more and start your homebuying process today. Content previously posted on Keeping Current Matters

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Written by Sarasota Mortgage Mortgage Syndicated User on September 15, 2022. Posted in First Time Home Buyers, For Buyers, Housing Market Updates, Mortgage Sarasota, Move-Up Buyers, Sarasota Mortgage.

If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is easing this year. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be...

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

Written by Sarasota Mortgage Mortgage Syndicated User on September 14, 2022. Posted in For Buyers, For Sellers, Housing Market Updates, Mortgage Sarasota, Sarasota Mortgage.

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To answer this question, there are two things we want to understand. The first is the reality of the shift in today’s housing market. And the second is what experts are saying about home prices in the coming year. The Reality of the Shift in Today’s Housing Market The reality is we’re...