
Home Buying
Complete Guide to Mortgage Pre-Approval: Steps, Benefits & Timeline
What Is Mortgage Pre-Approval and Why It Matters
If you're preparing to buy a home, getting pre-approved for a mortgage is one of the most strategic first steps you can take. A mortgage pre-approval is a lender’s preliminary assessment of your creditworthiness and ability to borrow. It tells you how much home you can afford and shows sellers you're a serious, qualified buyer.
Unlike a simple prequalification—which is typically based on self-reported information—pre-approval is a formal process

What is a Less Than Freehold Estate?
It’s important to comprehend your rights when it comes to renting or leasing real estate. A key phrase you might hear is “What is a less than freehold estate?” This can be puzzling, but it simply refers to the temporary use or ownership of another person’s property without really having it.
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The terms of less than freehold estates, their many types, and the consequences for both landlords and renters are highlighted in the article that follows. Whether you're movin

10 Home Refinance Myths You Shouldn’t Believe
Refinancing one’s home is a brilliant way of saving money. It may help you to get a lower interest rate, lower your monthly rate, or get some cash. However, many people shy away from refinancing due to common misconceptions.
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Let’s clear up the confusion. In this article, we are going to tell you about the top home refinance myths that you should not believe, and which are written simply so that all people can understand.
Myth 1: You Can Only Home Refinance Once



What is Multi-Level Home Insurance?
A multi-level residence is defined as a structure having more than one level. These homes assist the purpose of providing further space and privacy, ideal for families or anyone who prefers to keep detached spaces for living, working, or napping. But owning a multi-level home also means thinking carefully about home insurance.
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In this article, we’ll explain in everyday language how insurance works for multi-level homes, what risks to consider, and how to ensure yo

What is the Sales Comparison Approach?
The Sales Comparison Approach (SCA) is a widely accepted method of determining the value of a property in real estate based on the sales of previously sold properties. This means you must compare the subject property with similar houses that have recently sold in the area. This approach is based on the theory that comparable home sales in the market affect a home’s value.
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Wondering about the science behind your property’s value? In this post, we’ll discuss what is

What is an Asset Statement?
If you are applying for a mortgage, personal loan, or financial aid, there is a chance you will be asked for an ‘asset statement’, which is somewhat unfamiliar to most people. It’s not as troublesome as it sounds, though.
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In this article, we’ll explain what an asset statement is, why it matters, what it includes, and how to prepare one. It helps to understand asset statements while buying a home or applying for a loan because it can help your application go more s
