ARCHIVED BLOG POSTS
2011
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Your file has been ordered out, but your lender isn't sitting around waiting for the appraisal... Step 6. File Processing and Pre-Underwriting - Once the file has been ordered out, your loan officer and his/her processor will continue working on your file to make sure that everything progresses ...
01/25/2011
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Step 5. Ordering of Appraisal, Title, and Escrow - Once the inspection is complete and the decision to proceed has been confirmed, it is time for your Loan Officer to request your Appraisal, Title, and Escrow services. 5-a. The Loan Officer will order the property appraisal on your behalf. The...
01/17/2011
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You've been pre-approved, and you're Real Estate Agent has helped you make an offer on a new home. It's time for your Home Inspection! Step 4. Home Inspection - Once you have a home under contract, we always recommend that you hire a licensed and bonded home inspector to inspect the property ...
01/12/2011
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Step 3. Home Search - You and your Real Estate agent are now ready to go and search for a home. First-Time Homebuyers often wonder if they need to use a Real Estate Agent, especially if they have friends or relatives who they feel can guide them through the process. We always recommend workin...
01/06/2011
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Step 2. Pre-approval- The 2nd step in the Home-buying process is Pre-approval. This can be done along with your initial consultation, or it can be done at a later date. 2-a. The first step toward pre-approval is to fill out a loan application. This can usually be done either in person, over ...
01/05/2011
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Step 1. Initial Consultation - The first step in the process is to meet with a mortgage lender to discuss your goals and needs. This is a great opportunity to get all of your questions answered regarding financing and buying real estate. It is also the time where your lender will get to know more...
01/04/2011
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There is much agreement in the Real Estate circles that 2011 will be a year of increased homebuying. According to a recent article on Fortune.com, "In November (2010), the share of home purchases by first-time buyers surged to 37.2% from 34.4% the previous month, according to a monthly survey by ...
01/04/2011
Rainmaker
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109,990
Kevin Hancock
The Hancock Mortgage Team