Found 3 blog entries tagged as Home Loans.

  As soon as you decide that you would like to begin to look for your new Piedmont or Oakland home, you should take steps to get your loan financing in place.  In many areas of the East Bay, the competition for homes and condominiums is very high. As a result, you need to be ready to make a offer immediately upon finding your ideal home to avoid losing out to other bidders.  What do you need to know about your financing options?

1. Being Pre-Qualified By A Lender-This is a first step in the mortgage process, but an important one.  You will be asked to provide your lender with your basic financial status.  You would inform them about your debt, your income, and your assets.  It allows the lender to review your situation, and give you a general…

523 Views, 0 Comments

Read Full Post

As soon as you decide that you would like to begin to look for your new Oakland or Berkeley home, you should take steps to get your loan financing in place.  In many areas of the East Bay, the competition for homes and condominiums is very high. As a result, you need to be ready to make a offer immediately upon finding your ideal home, to avoid losing out to other bidders.  What do you need to know about your financing options?

1. Being Pre-Qualified By A Lender-This is a first step in the mortgage process, but an important one.  You will be asked to provide your lender with your basic financial status.  You would inform them about your debt, your income, and your assets.  It allows the lender to review your situation, and give you a general…

1295 Views, 0 Comments

Read Full Post

In considering the affordability of your Berkeley home, you tend to focus on the sale price, and then the calculated monthly mortgage payment.  While this is perfectly normal, it is important to be aware of other, unexpected costs that will occur as you move towards finalizing the purchase.  Money should be set aside to cover whatever may develop. While not all of these things will apply to your situation, you should be aware of them as possibilities.  Additionally, some of these costs and fees are often negotiated between the buyer and seller, so not all will apply to the buyer, only. Here is a good summary:

a. Professional Home Inspection Fees: It is a wise idea to pay for and have the home thoroughly inspected before making the final purchase.  Costs…

1623 Views, 0 Comments

Read Full Post