Thinking about buying a home but not sure where to start? You may want to think about applying for a mortgage. Maggie Leigh Marshall, Licensed Associate Real Estate Broker, joins Your Future Home to discuss what paperwork is needed to get a mortgage and how to present the best offer possible.
There is a very big difference between being pre-approved and pre-qualified for a mortgage. Marshall talks through what each step means and explains why it's so important to make sure you are pre-approved before jumping into the housing market.
Plus, what do sellers want to see in an offer? Marshall says you need to provide proof-of-funds and a good debt/income ratio. For a reference, she believes your debt shouldn't exceed your income more than 30%. However, the lower the number is the better chance you have to be approved for the house.
An ancient Christian mosaic bearing an early reference to Jesus as God is at the center of a controversy that has riled archaeologists: Should the centuries-old decorated floor, which is near what's believed to be the site of the prophesied Armageddon, be uprooted and loaned to a U.S. museum that has been criticized for past acquisition practices?
Sean and Leigh Anne Tuohy are calling Michael Oher's claims that they enriched themselves at his expense “outlandish," “hurtful and absurd" and part of a “shakedown” by the former NFL offensive tackle, whose relationship with the family was the inspiration for the movie “The Blind Side."
Firefighters struggling to extinguish a blaze caused by a deadly explosion near the Dominican Republic’s capital this week found two more bodies Wednesday, bringing the death toll to 13, authorities said.
