Category Archives: Buying a Home

Forget Pre-Qualified; Get Pre-Approved Before You Shop

Posted on September 11, 2008 by Ted Canto • 1 Comment

Overview What’s the difference between a pre-approval and a pre-qualification? Should you care? Yes! Confused about what getting pre-qualified or pre-approved means? You’re not the only one. There’s a big difference between a mortgage pre-qualification, a pre-approval and an actual mortgage approval. Getting Pre-Qualified for a Mortgage Getting pre-qualified for a mortgage helps give you… Continue Reading

Filed Under: Buying a Home, First Time Home Buyers

$8,000 First-time Homebuyer Credit: 6 Insider Tips

Posted on September 11, 2008 by Ted Canto • 0 Comments

Overview UPDATE: FEDERAL HOUSING TAX CREDIT Everyone’s talking about the $8,000 home loan tax credit for first-time home buyers that’s part of the new $787 Billion Stimulus Plan. The intention of the credit is to encourage home sales to help stabilize housing prices, minimize foreclosures and help the economy. This is great news for the… Continue Reading

Filed Under: Buying a Home, First Time Home Buyers