8 Big Mortgage Mistakes and How to Avoid Them
Great article from MSN Money on common mortgage mistakes by Liz Pullman Westin.
Starts with:
You can borrow too much or prepare too little. You can misjudge terms or overestimate your credit. With so much at stake, it’s no wonder so much can go wrong.
Not fixing your credit
Not looking for first-time buyer programs
Not being pre-approved for a loan
Borrowing too much
Paying junk fees
Not shopping around for rates and terms
Not preparing for closing costs
Not having enough money after closing
Click on the link below for details - good stuff
http://moneycentral.msn.com/content/Banking/Homefinancing
Starts with:
You can borrow too much or prepare too little. You can misjudge terms or overestimate your credit. With so much at stake, it’s no wonder so much can go wrong.
Not fixing your credit
Not looking for first-time buyer programs
Not being pre-approved for a loan
Borrowing too much
Paying junk fees
Not shopping around for rates and terms
Not preparing for closing costs
Not having enough money after closing
Click on the link below for details - good stuff
http://moneycentral.msn.com/content/Banking/Homefinancing
posted by Mike at
9:02 AM
