When you're buying a home for sale in Midland, Texas, your real estate agent will build contingencies into your contract. These are the most common. 5 Common Contingencies You’ll See When You Buy a Home in Midland, Texas Contingencies are conditions that must be met before a transaction can go through, and your real estate [...]
If you're thinking about buying a farm for sale in Midland, TX, check out these five things you need to know first. 5 Things You Need to Know Before You Buy a Farm in Midland Buying a farm is a big deal, but before you dive in with both feet, here are five things you [...]
If you plan to build your own home, you'll need a homesite - but don't buy anything without reading these seven tips first. 7 Tips for Buying a Homesite in Midland Check out the most important things you need to know before buying a homesite in Midland: Do your research Check the zoning Get a [...]
If you are buying a home in Midland, you should have preapproval from a lender before you start your search. But is it really necessary? This guide explains. Do You Need Preapproval Before You Make an Offer? Getting a preapproval letter from a lender is an important part of the home search. A preapproval letter [...]
If you’re selling a home in Midland, you’ve probably already thought about your ideal closing date. Maybe you need to relocate for work by a certain date, or perhaps you need some more time to find a new home. In any case, it’s important that you can close your real estate transaction on the right [...]
If you’re like many people, you know that buying a home in a community that has a homeowners association means that you’ll have to abide by certain rules – but did you know that these associations (commonly called HOAs) have some limitations? Here are five things they can’t do. 5 Things Your Homeowners Association [...]
How much of your monthly income should go toward your monthly mortgage payment? This guide explains. When lenders look at your financial picture, they want to see your debt-to-income ratio, or DTI. This number tells them how much money you make compared to how much you pay in recurring monthly debt. (Your DTI is calculated [...]
When you’re searching for the perfect Midland home for sale, being preapproved for a mortgage loan can make a huge difference in whether a seller accepts your offer. Here’s what you need to know. Why Mortgage Preapproval Makes a Huge Difference in Your Offer First things first: Preapproval is different from prequalification. Mortgage prequalification is [...]
When you fall in love with a Midland home for sale, your REALTOR® will tell you to jump on it – you can’t afford to wait, because if you do, someone else will come along and snatch the house right out from under your nose. But before you make an offer, you need to [...]
If it’s been a while since you last bought a home for sale in Midland, Texas, you probably haven’t had many opportunities to sit down with a mortgage broker – and that may mean you’ve heard some myths sprinkled in with your mortgage facts over the years. Check out these three mortgage myths it’s safe [...]
