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.
A university for deaf students in Washington, D.C. held a ceremony for two dozen students who over 70 years ago were forced to attend segregated schools and never received their diplomas.
Monday is National Tequila Day. Cheddar News checked in from Toro Loco in downtown Manhattan to take a peek at some of the restaurant's top signature tequila cocktails made by bartender Will Tacuri.
