Looking to purchase a short sale? Hire a realtor who specializes in them. Short sales can be tricky and the buying process can be long. A qualified realtor with specific experience in this area will know how they work. This will give you the best chance of getting your home at the price you want.

You mortgage brokers choose a bad real estate agent. Do not let home buying more difficult by choosing the wrong agent. A good agent should understand what you need and what your financial capability is. It is better to ask references from family and friends to find you a good one. Interview at least three agents and request to see their list of activities that reveal their sold properties.

Would you remember them all? Probably not! It’s time to give mom a helping hand. Using smart filing system software, she can create one simple way to organize everything that needs filing and storing, no matter where it is in the house, the garage, the shed, or in storage.

After you’ve taken care of that, it’s time to make an offer. Remember, your agent must be knowledgeable so that he can guide you in making an offer. If both parties agree to the offer, then it’s time to seal the deal.

The mortgage broker called and said that we did not get the pinskymortgages because the rate was not available. He had found out three days earlier and had waited to call us. The reason the rate was not available was because he had not locked it in.

Putting a down payment from your savings on your house, lowers the amount you plan to finance, lowering the interest you will pay over the life of your loan.

If you are planning on buying a house I would probably lock in now rather than later. The chances mortgage rates are going to go up is probably greater than the chances they will come down much more. There is the possibility there will be a 4.5% interest rate from the government. One could risk waiting on that. The only problems if there is no guarantee that will get passed and even if it does we don’t know what restrictions might come with a government loan.