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.
Jason Boudreaux came up short when he went to check out at the grocery store, but a good citizen stepped in to help. Here's a story that will warm your heart.
Sarah LaFleur, Founder and CEO of M.M.LaFleur, joins Cheddar News to discuss the state of womenswear at work, her milestone in achieving a successful decade in business, and how to achieve the 'power casual' look.
Cate Luzio, the founder of Luminary, a professional networking platform focused on helping women succeed in their careers, spoke to Cheddar about equity on International Women's Day.
