Things To Avoid After Obtaining Mortgage Pre-Approval
Why You Should Remain Cautious Even With Mortgage Pre-Approval Gearing up to buy a home can be stressful, but one of the ways to help ease that stress is to secure pre-approval for a mortgage. However, once you’ve ticked that box, it’s important to manage your financial behaviour carefully until you actually take possession of […]
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The Risks of Putting In an Offer Without a Financing Condition
Key Takeaways You are legally committed to buy the property, even if your mortgage is denied You can lose your deposit if financing falls through You may need to cover appraisal shortfalls out of pocket You could be approved for less than expected, creating a funding gap You may face legal action from the seller […]
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Construction Mortgages Versus Traditional Mortgages
The Benefits Of A Construction Mortgage And How It Differs From A Traditional Mortgage Most home buyers need a mortgage loan to complete their home purchase. But the type of mortgage you get depends on whether you are buying an existing home or one that has yet to be built. Many home buyers obtain a […]
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Borrowing to Invest in Real Estate
What Is It, What Are The Advantages, And Where Do I Begin? So, you’ve decided to expand your portfolio by investing in real estate. Whether you’re an experienced investor or are completely new to the game, investing in real estate is a relatively simple and reliable way to diversify your passive income stream. Real estate […]
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