Blog

What is loan preapproval? Is loan preapproval difficult to get? How much does it cost? How long does it take? Should I get loan preapproval before looking for a home? Stacey Gross with Gibraltar Mortgage Services and Jill Wente, Realtor with BHG Gary Greene provide the answers you need. Stacey Gross with Gibraltar Mortgage Services […]

Do I need a 20% down payment to purchase a home? No, it’s a myth that you need a 20% down payment to purchase a home. There are numerous loans available with much smaller minimum down payment requirements.    Stacey Gross answers questions on minimum down payments amounts in #RealEstateTalk episode 20. She has […]

Why is CASH considered KING in real estate? Because it comes with less contingencies and offers the seller a quicker close.    The advantages a cash buyer has over a financed buyer are:  Quicker close: A cash buyer can closer quicker on a house than a financed buyer thus reducing the sellers holding costs. A […]

Can you put in an offer on a house that’s under contract? Yes, you can submit a backup offer.  What do you do if the house that you have fallen in LOVE with suddenly goes under contract?  You submit a backup offer and hope the first buyer terminates the contract. You will then be […]

What are common problems that show up on a home inspection?  Repairs negotiations between buyers and sellers are a lot smoother when both sides understand common issues that show up on home inspections.  As a buyer, you don’t want to terminate your contract because of issues on the home inspection just to find them […]