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Tag Archives: Mortgage
Three Down Payment Mistakes for Home Buyers to Avoid
When buying a home, it is a good idea to have a Shorewest, REALTOR® and a Wisconsin Mortgage Corporation Loan Officer on your side. Not only will they work with you to find the perfect home and loan, they will …
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4 Myths of Buying vs. Renting
By Guest Blogger: ABODO According to a recent report by Harvard University’s Joint Center for Housing Studies, the past 15 years have seen a drastic shift in how Americans approach renting and owning. More people are renting, while fewer are …
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Six Reasons a Home Deal Could Fall Through
A survey done by the National Association of REALTORS® found that one in 16 home deals fall through. However there are concrete ways to avoid this happening. Your Shorewest, REALTOR® will make sure that you aware of any changes and …
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Resource Video: Buyers Edition
What is Mortgage Underwriting? Underwriting is a process lenders use to assess risk before agreeing to approve a loan. The underwriting process verifies that the borrowers, the property and the documentation all meet the lender’s requirements for the requested mortgage. Within Shorewest’s …
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Two Tips to Get the Most out of Your Home Sale!
Every homeowner wants to ensure that they will receive the best deal when it comes to selling their home. But how do you guarantee that you are receiving the greatest offer? Read on for our two best tips to make …
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A Window of Opportunity for Luxury Home Buyers
The real estate market has been very busy this year with prices rising as the demand far outpaces the supply in almost every region. However, it is a different story when it comes to the luxury market. Inventory levels …
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Home Equity is a Good Thing to Have!
Equity can be defined as the difference between the value of the assets and the cost of the debt owed. For example if someone owns a house worth $100,000 and owe $80,000 on the home, that home represents $20,000 or …
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What Can You Expect for Closing Costs?
First of all what are closing costs? Closing costs are the fees paid to third parties that helped facilitate the sale of the home. You can estimate that the closing costs will typically total two to seven percent of the …
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Let’s Say it Again, You Don’t Need a 20% Down Payment!
We’ve been hearing throughout our lives that 20% down is the only way to buy a home. Not so fast! According to a recent survey done by Ipsos, the American public was found to still be a little confused about …
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June is National Homeowners Month!
Happy National Homeowners Month! This June let’s take a look at why now is the perfect time to buy a home! Owning a home is an important part of the American Dream and an important milestone in one’s life. Core …
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