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.
Cheddar News revisits the story of a Burger King employee who received $250,000 through GoFundMe after social media discovered he received an underwhelming set of gifts from his employer for decades of service without missing a day of work.
who went viral over the summer for not missing a day of work but received an underwhelming set of gifts from his employer. People chipped in to "reward" him on social media and he received $250,000 from a GoFundMe account.
