Difference Between Pending and Contingent Deals

totalmortgage totalmortgage | 1 year ago

When searching for a new home, you are likely to find twists and turns along the way. Among them, you could learn through Multiple Listing Services (MLS) or via an online marketplace that a property you have your heart set on buying currently has a pending sale or contingent status. In either case, the real estate transaction is not a done deal. However, while pending and contingent sales are similar, they are not the same thing. The distinctions could make all the difference when making an of...

What’s the Difference Between Contingent vs Pending in Real Estate?

fastexpert fastexpert | 2 years ago

If you’re in the process of buying your first home, the language of real estate may be foreign to you. It can be intimidating if you are a beginner, but don’t worry! Some big questions that come up with home buyers are, what does "pending" mean in real estate, and what is the difference between "pending" and "contingent"? The post What’s the Difference Between Contingent vs Pending in Real Estate? appeared first on FastExpert.

How to Tell the Difference Between Prequalified vs. Preapproved - Total Mortgage Blog

totalmortgage totalmortgage | 1 year ago

When starting on your homebuying journey, two of the terms you can expect to come across are prequalified vs. preapproved. While each of these terms tends to have its own meaning, there might also be some overlap between them, depending on the lender and the type of mortgage you are seeking. One thing prequalification and preapproval have in common is that they are steps the borrower would take before choosing a new home, as they set in motion the purchase price threshold. However, there are...

ovmfinancial ovmfinancial | 2 years ago

The post Understanding The Difference Between An FHA And Conventional Loan appeared first on OVM Financial.

What Is the Difference Between a Mortgage Broker and a Real Estate Agent?

Realiff Academy Realiff Academy | 1 year ago

Mortgage brokers and real estate agents have a lot in common. Both assist their clients in obtaining residential or business properties as licensed real estate professionals. Their exact responsibilities, however, are somewhat different. A real estate agent assists buyers and sellers in locating and selling physical properties, whereas a mortgage broker assists purchasers in obtaining finance to acquire real estate. A real estate agentA real estate agent assists a customer in buying or selling ...

What’s the Difference Between USDA Direct and Guaranteed Loan?

ovmfinancial ovmfinancial | 1 year ago

Whether your income level qualifies as moderate, low, or even very low, the U.S. Department of Agriculture offers options to potentially finance your new home if it’s located in an eligible rural area. USDA mortgages, such as the USDA Single-Family Housing Direct and Guaranteed Loan programs, can help you purchase property in a way that’s financially comfortable for you. So what’s the difference between USDA Direct and Guaranteed Loans? Read on for more information about the best optio...

What’s the difference between a second home and an investment property?

zenithpro zenithpro | 2 years ago

Having a second home to travel out to for vacations is a luxury that many of us work hard to attain. However, if you decide to rent out your second home during the parts of the year when you aren’t there, can you still call it a second home? The differences between the terms “second […] The post What’s the difference between a second home and an investment property? appeared first on Vancouver Property Management | Real Estate | Zenith Properties NW, LLC..

What is the Difference Between Construction Management and Project Management?

constructionplacements constructionplacemen... | 1 year ago

Last Updated on July 12, 2022 by Admin This article will discuss the similarities and differences between construction management and project management. So, read on to learn about Construction Management Vs Project Management. There are many different types of management styles and approaches that can be taken when overseeing a construction project. But what is the difference between construction management and project management? Read on to find out! What is construction management? Constructi...

What’s the Difference Between Pre-Qualified, Pre-Approved, and Approved?

fastexpert fastexpert | 1 year ago

If you’re in the process of buying a home, you may have heard a lot of new words thrown around. There are tons of terms you may not be familiar with like “pre-qualified,” “pre-approved,” and “approved.” Before getting into home buying, you’ll want to know the difference between these three terms. It can be confusing to try and figure out the difference between pre-qualified, pre-approved, and approved for a home loan. Each one of these is slightly different. This article breaks d...

What’s the difference between faux leather and real leather sofas?

fancypantshomes fancypantshomes | 1 year ago

Because leather is a durable, attractive, and timeless material, it’s a very popular choice in homes across the country. Its versatile aesthetic means leather can work well in both modern and period interiors and can be styled to suit a wide range of design schemes. However, while leather is undoubtedly an effortlessly stylish material, it’s often not the most affordable upholstery option around. As a result, a lot of people who want that luxurious leather look opt for a faux leather cou...