Easy Steps to the Mortgage Application

Applying for a mortgage doesn’t have to be complicated, there are small, easy steps you can take to make the entire process simple. First, you’ll want to talk to a loan officer at your preferred bank. When you meet with them for the first time, they’ll probably just want to gather some information about you to see if you even qualify for a loan. This is where you’ll give them your name and reveal your income and outstanding debts. The next step is actually filling up the mortgage application. Just enter all of data that’s asked form you. Then you hand it back to your loan officer and three days from then, he or she will give you a packet of disclosures including a good faith estimate and a truth in lending form. This information will give you the details about the loan you can get and its terms as well as its annual percentage rate. All of that though is conditional, you’re not in the clear yet. It has to go through the operations department and processors where everything is double checked including your credit. The final step is called underwriting. That’s when the risk of lending you money is studied. Lenders verify is it is in their best interest to offer you a loan.

If you’re able to get a loan and get your mortgage, don’t forget to call the local Jacksonville movers for a professional move at an affordable price.

Trading Homes Might Be the Latest Trend in Real Estate

In today’s economy, the way we use to do things doesn’t always work. Lately, people are getting more creative in finding ways to move out of their homes, taking a cue from how vacation homes are dealt with. Some homeowners are frustrated with not being able to sell their homes and so
they’re going for a more untraditional route: house swapping. There are many reasons for which people tend to move and in the last several years, many of those highlight the need for people to downsize or relocate for a job. Because of the large home inventory across the nation and smaller price tags on homes, the competition for the potential buyer is fierce. House trading is gaining
traction on websites such as Goswap.com that also helps members swap other types of properties such as cars for example, and Craigslist. The way it works is that both parties interested in the home trading sign separate purchase and sale agreements for each home that’s being swapped.
If you think house trading can work for you, visit some of the websites listed above to get more information. You can also talk to a real estate professional to find out more details about house swapping. When you find your dream home, call the Jacksonville local movers for professional
moving services at an affordable price. All My Sons of Jacksonville will help you with all of the small details that go into a residential move for a stress-free moving day for you.

Finding a Home Online

With plenty of internet sites devoted to shopping for a home online, you would think the experience would be a walk in the park. While it’s still easier to click and view online versus walking form home to home, there’s still work behind the browsing, especially if you’re serious about finding your dream home. There’s researching the best location and school districts, viewing pictures, taking virtual tours and everything in between. The good news is that the big real estate brokerage firms also have a great presence online. Firms like Coldwell Banker, Sotheby’s RE/MAX and Keller Williams Realty are all online. They encourage future homebuyers to search by location, price range and other variables while also possibly finding a great realtor to help you continue your quest for your dream home. Some companies even have their very own Youtube channels featuring tours making the viewer feel like they’re actually walking through the property. When you actually find your dream home, at least you can take comfort in knowing that the moving part is a piece of cake. For professional moving services, just call the reputable movers of All My Sons of Jacksonville. We’re part of the expert moving network of All My Sons Moving and Storage that has countless moving offices in the U.S. So when you’re ready for
your moving boxes and personal belongings to be transferred in a simple and careful manner, call the Jacksonville moving specialists.

Real Estate Year-End News

According to the latest research done by Zillow, the U.S. are expected to lose over $681 billion in value this year which is actually less than the $1.1 trillion that was lost in 2010. That’s a 35% difference. Zillow also reported that only 9 out of the 128 markets actually gained value this year including New Orleans and Pittsburgh. Big cities such a Los Angeles, New York and Chicago lost in housing value, in billions of dollars…$75.5 billion, $44.8 billion and $41.7 billion respectively. The silver lining is that at least the homes’ value is lost at a much slower pace than it used to in the last previous years, there are less sharp declines. Job growth continues to be what’s repairing the housing market. For example, just in the past couple of weeks ago New Orleans added 684 new jobs within seven days and 10,000 jobs in the last year.
Don’t forget, if you’re moving residences this new year, call the Jacksonville movers for professional moving services at an affordable price. All My Sons of Jacksonville is part of the reputable moving company All My Sons Moving and Storage so you know your moving day will be good in hands.