Home Buying in Franklin Square : Questions & Answers

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Malgorzata…, Real Estate Pro in Rockville Centre, NY
Malgorzata Ringston answered:
What is the difference between pre- qualify and pre- approval? Which do you do first and when do you do it?
Getting pre-qualified is the initial step in the mortgage process. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluat ... more
1 vote Share Flag Thu May 29, 2014 Home Buying in Franklin Square
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Have a property on the golf course in Frank Sq. Cape with 4 BR/1.5 bath. 1200 sq ft. Need full reno. What is the ARV?
Depends on the type of renovation(s); therefore without much information, the after repair value really can't be given at this time....
0 votes Share Flag Tue Feb 26, 2013 Home Buying in Franklin Square
R Wright, Real Estate Pro in New York
R Wright answered:
about pre approval
I would need more information obviously but maybe the DTI (Debt To Income) is too high. As well, the bank fees may be a problem. I could do a loan for you with zero bank fees on the fro ... more
0 votes Share Flag Thu Aug 30, 2012 Home Buying in Franklin Square
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