Archive | November, 2015

Important Considerations When Buying a Condo

iStock_000004219571_Condo QuestionsWhen you buy a condominium, you not only buy real estate, you also buy membership into the condo homeowners association. You need to examine both before purchasing.

After you find the condo that you like and can afford, make the sale contingent on both a satisfactory inspection of the real estate and also the condo association documents and finances. It’s a good idea to hire a professional for each task. Read More

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What Documents Do I Need to Be Approved For a Mortgage?

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Once you have completed a mortgage application, the lender will provide you with a Loan Estimate within three business days. No matter how large a mortgage you want to borrow, whether it is $100,000 or $500,000, you will need to provide your lender several documents verifying your income and finances. The lender may not require verification documents prior to providing the Loan Estimate. However, you may want to gather documents that are typically requested. Read More

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